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People living in another country, or expats, will have to, sooner or later, deal with international taxation issues and when this happens you will need advice from an international tax expert. But what is an international tax expert or attorney? What do they specialize in and how can they help citizens living in another country? Are they not just regular tax attorneys?

 

International tax attorney are knowledgeable in international taxation and this is why they can give advice and help individuals with their issues on international taxation. They help with tax issues with those living abroad across the globe. There are taxation issues for international income for each country.

 

An international tax attorney is simply a lawyer with an expertise on international taxation and someone who can understand that ins and outs of tax laws. They have knowledge n the specific tax laws of different countries.  They can give accurate international tax advice and they also specialize in off shore transactions.

 

This is the reason why US expats are hiring the services of international tax attorneys to help them on their tax planning team. They can provide legal perspectives on their tax strategies. Pro active tax planning for American expats require a working knowledge of foreign earned income exclusion, foreign tax credits, foreign housing deduction and other items exclusive to expat tax preparations. A tax attorney who is knowledgeable on IRS rules for overseas taxpayers can advice on the things that US taxes for expats.

 

Expats can save on taxes but it will require rigorous documentation to the IRS. An international tax attorney can help minimize the chances of the IRS challenging the information provided in the documentations.

 

If the IRS spots any unpaid taxes and the expat receives a bill for it, then he should seek the help of an FBAR international tax attorney with experience in preparing a compromise offer. He should be one who knows the IRS statutes of limitations and the thresholds within which the tax agency is most likely to accept an offer of compromise.

 

Hiring an international tax lawyers also provides an expat with the peace of mind that comes with performing a form of due diligence. If there is an omission or miscalculation which threatens the taxpayer with legal action then having a tax attorney involved in the preparation of the tax returns demonstrates due diligence on the taxpayer's part which influences the IRS in a positive way.