Abajian Law Expands Focus On Foreign Tax Entity Negotiations
June 28, 2019 (PRLEAP.COM) Business NewsLos Angeles, CA: This week, Los Angeles-based international tax firm Abajian Law announced an expansion of their foreign tax negotiation services, mirroring the larger trend of increased cooperation between international tax entities.
International tax controversy is not a new legal field, but it is quickly becoming a critical area of focus for US citizens who hold foreign assets or earn income abroad. As the IRS becomes increasingly willing to engage foreign banks as well as foreign tax entities (the equivalent of the IRS in other countries), American taxpayers are faced with an increasingly severe margin of error for compliance.
In response, Abajian Law has allocated additional staff and resources beginning in 2019 to their international tax controversy practice. When the IRS begins requesting sensitive documents or interviews abroad, it can be a scary experience for citizens who are trying to meet their tax obligations in good faith but who still wish to retain discretion and minimize those obligations.
The legal team at Abajian Law has years of experience dealing with these exact scenarios at a high level, and the firm has several high profile income tax examinations involving undisclosed foreign bank accounts or entities. As IRS policy and focus shifts, so too do the efforts of the tax attorneys at Abajian Law, and the team is excited to further expand into this increasingly important legal area on behalf of their clients.
About: Abajian Law was founded in 2006 by former IRS Senior Trial Attorney Vic Abajian. A highly respected lawyer who is well-known by the IRS and major tax practitioners, Mr. Abajian has made international tax law a cornerstone of his firm's practice. Abajian Law's mission is to provide clients with savvy, discreet representation built on years of experience and deep knowledge of state and federal tax law. The firm has handled sensitive and serious international tax matters for clients ranging from private citizens to major publicly traded corporations.