FBAR Attorney, Parent & Parent LLP's IRSMedic, Launches IRS Help Website

Online, December 15, 2012 (Newswire.com) - Certain United States residents; entities; and trusts or estates formed under the laws of the United States are all required to file the Report of Foreign Bank and Financial Accounts or FBAR to the Internal Revenue Service. Filers refer to those who have had a financial interest in, or signature authority over, at least one financial account located outside of the country. The aggregate value of all foreign financial accounts exceeding $10,000 at any time during the calendar year are required to be reported.

The FBAR is aimed at making sure that US taxpayers are paying what they owe on foreign accounts. As such, it is important for individuals or businesses with expatriate tax return filing requirements to be updated with the latest, as the IRS and the Congress lawfully require.

The IRSmedic, the law firm of Parent & Parent LLP, lives up to its role as tax attorneys. With a specific focus on the IRS's FBAR Amnesty Program, the team has unique insight into the agency's procedures for collecting back taxes.

Satisfied Parent and Parent client Jeri Jackson from Middletown, Connecticut talks about how the firm offered valuable assistance through a "taxing" time in 2008: "Parent and Parent was able to rescue me when a well-known national IRS tax service was unsuccessful, leaving me with attached wages and living on pennies. Due to immediate action and connections with the appropriate IRS officials, the firm was able to negotiate a withdrawal of a tax levy on my wages, and a mutually beneficial agreement between me and the IRS."

Reaching out to its Stamford, Connecticut clients, Parent & Parent LLP has recently unveiled HelpWithIRSProblem.net. The website details the many tax-related services of the legal firm IRSMedic, offering FBAR attorney services that can help resolve delayed filing and non-compliance issues.

In particular, the new HelpWithIRSProblem.net targets serving high-income taxpayers in Fairfield County with Offshore Tax problems. To assist clients and online visitors even further, HelpWithIRSProblem.net offers the free offshore awareness guide on FBAR penalties.

To know more about the FBAR attorney services from the IRSMedic, please visit the new website http://helpwithirsproblem.net for information.