California Offshore Asset Protection Attorney, Sebastian Gibson
Asset Protection - Offshore Asset Protection Advice from a Trusted Asset Protection Law Firm
If you’ve been searching for California asset protection lawyers or offshore asset protection attorneys in California and haven’t found the asset protection attorney in which you can be confident when retaining a lawyer for your asset protection, voluntary disclosure, offshore trust protection and family limited partnership matters in California, Sebastian Gibson is the asset protection attorney you’ve been looking for.
California Asset Protection Lawyer
With over thirty years of experience handling international matters, with law degrees in both California and in Great Britain, and years of international experience in London as well as decades of experience in California, California asset protection lawyer Sebastian Gibson brings a wealth of experience to the table and was chosen one of the 2011 Top Lawyers by Palm Springs Life Magazine.
You probably won’t be at an asset protection law firm when the IRS calls. However, if you’ve heeded good offshore asset protection advice from your lawyers, there should be little to worry about, unless you’ve been fudging without telling your attorneys.
When it’s the IRS calling, what should you do and what should you say?
The first thing to do is to make sure it really is the IRS and not a criminal trying to learn all of your private information. The last thing you want to do is give someone the keys to taking your identity and someone posing as an IRS agent asking to do an audit would certainly receive those keys.
When the IRS contacts you, you have the right to ask to speak to a tax representative. Once you make that request, an IRS agent cannot continue the investigation without your tax representative present.
Once you meet with your tax representative who in our opinion, should be an attorney, he or she can verify the identity of the IRS agent and speak on your behalf.
While this is not necessary at this time, you can ask the IRS agent what the nature is of their investigation. It may be just an audit and after the requested information or documents to support your tax returns are provided, the IRS may be satisfied. But let your attorney handle this.
If you are contacted by someone claiming to be an IRS agent on the telephone, ask for their name and number so you may verify their identity. Then let your offshore asset protection law firm confirm their identity.
If you receive an e-mail allegedly from the IRS requesting private information, it’s almost certainly a scam.
We strongly advise that failing to report your offshore or foreign accounts and assets to the IRS is unlawful and destructive of proper asset protection. If you don’t want the IRS to call on you, be U.S. tax-compliant. Disclose, as you are required to do so, by law. Avoid any strategies that even attempt to hide your assets from the government, even if they are tax-compliant.
Hiding assets may infer you intend to lie under oath if questioned as to the location of your assets. Disclosing your assets to the IRS means disclosing them to everyone due to the power or subpoenas and the ability of litigants to demand production of financial documents in the enforcement of judgments. If anyone previously advised you that you could safely hide your assets and not report the income derived from them, they were wrong. That was always illegal. Additionally, times have changed. Bank secrecy has crumbled and the IRS and other monitoring agencies have a great number of additional ways today to find out what some taxpayers have previously attempted to hide.
No attorney can guarantee that if a taxpayer voluntarily discloses their past failures to report income or foreign bank accounts that the IRS won’t refer the taxpayer for criminal prosecution. Nor can any attorney guarantee that the IRS won’t assess every penalty and fine at their disposal if a taxpayer does voluntarily disclose their past wrongs. An attorney can only really advise a client on the likelihood of criminal prosecution and the penalties, fines and interest if the IRS finds the client before the client has their attorney approach the IRS.
In compliance with IRS requirements, as an offshore asset protection law firm, we must advise you that any U.S. federal tax advice and general asset protection tax advice contained in this informational article is not intended to be used nor is it published in order for it to be used and you may not use it for the purpose of avoiding penalties or fines under the Internal Revenue Code. It is not intended to be used nor is it being published in order to promote, market or recommend any specific transaction, tax-related matter or estate planning tax scheme to any party.
California Asset Protection Attorney, Sebastian Gibson
Sought out to be a writer for California’s two largest and most prestigious legal newspapers, California asset protection attorney Sebastian Gibson’s articles have been published in the Los Angeles Daily Journal and the San Francisco Daily Journal. Today thousands and thousands of people visit this website and his blogs monthly for useful advice and thousands more follow him on Twitter for his humor.
One of the best asset protection attorneys for people in California to follow for his humor and wit, one of the funniest California asset protection lawyers as well as one of the top humorous California asset protection attorneys people follow on Twitter, California asset protection attorney Sebastian Gibson has been called "brilliant," "hilariously funny" and a "legend."
It matters more than you think who you call for your asset protection and other legal matters. When it matters most, call California asset protection lawyer Sebastian Gibson. When it’s time to hire a California asset protection attorney, hire a legend.
