ZURICH, Switzerland, March 12, 2015 (GLOBE NEWSWIRE) -- via PRWEB - Five Stone Tax Advisers opened a new branch for its International Tax Compliance & Advisory business in Zurich, Switzerland on Monday. This was done in order to provide geocentric tax solutions to expats, dual citizens and individuals with offshore accounts worldwide.
Five Stone's Headquarters is located in Austin, Texas, which is also the head office for the Internal Revenue Service's Offshore Voluntary Disclosure Program (OVDP). Given that Five Stone's international business has grown to span clients in over 19 countries, and case experience with 25 foreign taxing authorities, the firm saw a growing need for a Swiss branch.
"Switzerland is undoubtedly one of the key centers for U.S. foreign financial account activity," said Five Stone founder and CEO John Paul Krueger. "Our Swiss branch will not only allow us to better serve our clients with Swiss- or European Union-based offshore accounts, but will also allow us to better serve new clients with accounts in any of the countries targeted by IRS offshore compliance programs."
Five Stone is a leading provider of tailor-made solutions for global tax issues. The firm provides a unique, single-source representation made up of a large team of federally authorized tax practitioners--Tax Attorneys, Certified Public Accountants, Enrolled Agents. Five Stone is one of a small, elite group of firms capable of offering a complete suite of services. This significantly reduces both the client's costs, and their time required for achieving international compliance with the IRS.
Five Stone is currently representing clients in the OVDP, Streamlined Filing Compliance Procedure, Foreign Account Tax Compliance Act (FATCA), Delinquent Foreign Bank Account Reporting, and standard Foreign Bank Account Reporting.
Some of the International tax havens that are or will be part of the IRS's OVDP program include: the East Asia coast (Hong Kong, Macau, Singapore), Europe/Mediterranean (Andorra, Channel Islands, Cyprus, Gibraltar, Isle of Man, Ireland, Luxembourg, Switzerland, and more), Indian Ocean (Maldives, Mauritius, Seychelles), the Middle East (Bahrain, Jordan, Lebanon), the North Atlantic (Bermuda), the Caribbean, West Africa (Liberia), Central America (Belize, Costa Rica, Panama), and the Pacific/South Pacific (Cook Islands, Marshall Islands, Samoa, Nauru, Niue, Tonga, Vanuatu).
If you have financial accounts in one or more of these countries or questions about these IRS programs, contact Five Stone at 800-466-0397.
About Five Stone
Five Stone Tax Advisers is a full-service tax firm with branches in Texas and Zurich, Switzerland, offering tax preparation, tax planning, international tax representation, tax resolution, and property tax protest.
The firm's mission is to "serve others and be good stewards for generations." Five Stone donates 33 percent of its profits to local and national charities, and all of the firm's associates donate their time and talents to non-profits every fifth Friday.
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