Sherayzen Law Office: FBAR and International Tax Lawyer

For residents of Minnesota, navigating the complexities of international tax law can often feel like a daunting task. Whether you have foreign bank accounts, overseas investments, or international business interests, understanding your reporting obligations to the IRS is crucial. That's where a specialized firm like Sherayzen Law Office comes in. Located right in the heart of Minneapolis, this law office provides expert guidance and representation for individuals and businesses dealing with the intricacies of U.S. international tax compliance. They are not a traditional accounting firm, but rather a dedicated legal practice focusing exclusively on international tax matters, which often intertwine with financial reporting.

Sherayzen Law Office distinguishes itself by focusing on a niche area of law that many general tax preparers or accounting firms may not fully grasp. Their deep understanding of international tax treaties, reporting requirements, and voluntary disclosure programs offers a critical resource for Minnesotans who have ties to foreign assets or income. This article aims to shed light on their services, location, and why they are a valuable asset for locals facing international tax challenges, ensuring they meet their obligations and avoid potential penalties.

Sherayzen Law Office is conveniently situated at the IDS Center, 80 S 8th St UNIT 900, Minneapolis, MN 55402, USA. This central location in downtown Minneapolis makes it easily accessible for clients throughout the Twin Cities metropolitan area and beyond. The IDS Center is a prominent landmark, known for its distinctive architecture and central position within the city's skyway system. This means clients can reach the office comfortably, regardless of the weather, a significant advantage for those chilly Minnesota winters.

For those traveling by car, there are numerous parking options available within walking distance, including ramps connected to the skyway. Public transportation is also a viable option, with light rail and bus stops nearby, making it convenient for individuals residing in various parts of Minneapolis and its surrounding suburbs. The accessibility of the IDS Center ensures that clients can attend consultations and meetings with ease, fostering a smoother client experience. This prime location underscores the firm's commitment to serving the local Minnesota community effectively and efficiently, offering a readily available resource for complex international tax matters.

Sherayzen Law Office specializes in a comprehensive range of international tax law services. Their expertise covers critical areas often overlooked by general tax professionals, ensuring clients meet U.S. reporting requirements and resolve any non-compliance issues.

• Offshore Voluntary Disclosures: This includes guiding clients through programs like Streamlined Domestic Offshore Procedures, Streamlined Foreign Offshore Procedures, Delinquent FBAR Submission Procedures, IRS Voluntary Disclosure Practice, and Delinquent International Information Return Submission Procedures. They assist with the entire process, from document preparation to final resolution.
• FATCA and International Tax Compliance: Assisting with the proper preparation and filing of various international tax forms, such as FinCEN Form 114 (FBAR) for foreign bank accounts, Form 8938 (FATCA), Form 8621 (PFIC compliance), Form 5471 (US Ownership of Foreign Corporations), Form 8865 (Controlled Foreign Partnerships), Form 8858 (Disregarded Entities), and Forms 3520 and 3520-A for foreign trusts. They also handle foreign gifts and inheritance reporting on Form 3520.
• IRS Audits of International Tax Forms: Providing robust representation during IRS audits, specifically concerning FBAR audits and foreign trust audits, for both businesses and high-net-worth individuals.
• Complex International Tax Planning: Offering strategic advice and planning for businesses and high-net-worth individuals to optimize their international tax positions and ensure future compliance.
• International Business Transactions: Assisting with the tax implications of international business activities, including contributions of property to foreign corporations on Form 926.
• Foreign Income and Foreign Tax Credit Issues: Guidance on reporting foreign income and claiming foreign tax credits using Forms 1116 and 1118.

Sherayzen Law Office sets itself apart through several key features and highlights that enhance its value to clients, particularly those in Minnesota needing specialized international tax legal support.

• Specialized Expertise: The firm focuses exclusively on U.S. international tax law, providing a depth of knowledge that general practitioners often lack. This specialization ensures that clients receive highly informed and precise guidance on complex matters like FBAR and FATCA compliance.
• Multilingual Services: The firm offers its legal services in English, Russian, and Spanish, catering to a diverse clientele and ensuring effective communication for individuals from various linguistic backgrounds.
• Client-Centric Approach: Sherayzen Law Office prides itself on a customized and highly personalized service. They understand that each client's situation is unique and tailor their strategies to individual circumstances, rather than applying a generic approach.
• Commitment to Quality and Professionalism: Attorneys at the firm are dedicated to upholding the highest standards of the legal profession, ensuring diligent and thorough representation. This includes rigorous attention to detail and a commitment to preserving attorney-client privilege.
• Vigorous Representation: The firm is known for its zealous and creative advocacy of clients' interests, prepared to go the extra mile to achieve favorable outcomes, whether through voluntary disclosures or during IRS audits.
• Efficiency and Affordability: They employ time-saving and cost-effective strategies, aiming to deliver legal services expeditiously and affordably without compromising on quality.
• Proven Track Record: The firm has successfully helped numerous clients across the globe with complex international tax issues, including thousands of FBARs and FATCA forms, and hundreds of offshore voluntary disclosure cases, reportedly saving clients millions in potential IRS civil penalties.
• Educational Resources: Eugene Sherayzen, the firm's owner, often shares insights through video blogs and presentations, helping to demystify complex international tax topics for a broader audience.

Based on publicly available information, specific, ongoing promotional offers or special discounts from Sherayzen Law Office are not explicitly detailed. Legal services, particularly in highly specialized fields like international tax law, typically operate on a consultation or retainer basis, with fees reflecting the complexity and duration of the required work. Potential clients are encouraged to directly contact Sherayzen Law Office at the provided contact information to inquire about their fee structure, initial consultation policies, or any current arrangements that may apply to their specific situation. This direct communication allows for a personalized understanding of service costs and ensures transparency from the outset.

To learn more about how Sherayzen Law Office can assist with your international tax needs, or to schedule a consultation, you can reach out using the following details:

Address: IDS Center, 80 S 8th St UNIT 900, Minneapolis, MN 55402, USA

Phone: (952) 500-8159

Mobile Phone: +1 952-500-8159

Reaching out directly is the best way to discuss your unique international tax situation and understand how their specialized legal expertise can benefit you. Their Minneapolis office provides a central and accessible point of contact for individuals and businesses across the state seeking expert international tax guidance.

For residents of Minnesota, Sherayzen Law Office represents a critical and highly specialized resource in the often-confusing world of international tax law. In a state with an increasingly globalized economy and a diverse population, more individuals and businesses find themselves with foreign assets, income, or international business dealings. While many general accounting firms or tax preparers can handle standard domestic tax matters, they often lack the profound expertise required for FBAR, FATCA, offshore voluntary disclosures, or complex international tax planning.

Sherayzen Law Office fills this vital gap by providing dedicated legal counsel that is both highly knowledgeable and deeply committed to client success. Their Minneapolis location at the IDS Center offers unmatched accessibility for locals, whether they are in the heart of the city or commuting from the broader metropolitan area. The firm's multilingual capabilities further extend their reach and support to a wider range of Minnesota's diverse communities. By focusing exclusively on international tax law, they offer not just services, but peace of mind, helping Minnesotans navigate potentially severe IRS penalties and achieve compliance.

In essence, for any Minnesotan with international financial connections, Sherayzen Law Office is not just a law firm; it is a specialized partner offering crucial guidance, robust representation, and a pathway to clarity in complex tax situations. Their presence in Minneapolis ensures that local residents have convenient access to top-tier expertise, making them an invaluable asset for maintaining financial compliance and security in an interconnected world.