GSR employs senior accounting expertise in-house to provide its clients with a robust domestic and international tax compliance service. The firm offers both comprehensive accounting and tax reporting services for our private clients who seek a high level of technical expertise and personal service in a legally privileged relationship. As a law firm, communications and work product between clients and our CPA employees are subject to the attorney-client privilege.
With regard to our comprehensive tax compliance services, the tax professionals at GSR are experienced preparers of complex federal and state income tax returns for individuals and entities, gift tax returns, and estate tax returns. In addition, GSR represents clients before the Internal Revenue Service and state taxing authorities in the event of tax controversy. From time to time, GSR tax professionals work alongside an outside CPA firm on matters such as international compliance, fiduciary compliance and accounting, and private foundation compliance.
GSR has a longstanding reputation for its knowledge and understanding of international tax rules and compliance with the myriad of U.S. information reporting requirements related to international accounts and assets. GSR tax professionals also regularly assist U.S. taxpayers who have been out of U.S. compliance with their U.S. reporting obligations to come into compliance. Since 2009, the IRS has offered three separate offshore voluntary disclosure programs to U.S. persons who failed to fully report foreign assets. To address client needs, GSR formally organized and staffed an international tax compliance practice group to assist such taxpayers. When a client has not been compliant with U.S. reporting obligations, GSR professionals will evaluate whether participation in the offshore voluntary disclosure program or another compliance method is appropriate, and, in either case will prepare remedial reports, amend tax returns, and represent the client before the IRS.
GSR’s Tax Director, Peggy Ugent, CPA, MST, serves as a member of the AICPA Trust, Estate and Gift Technical Resource Panel. GSR attorneys who are active in the tax compliance practice area include Steven Baker, who is a licensed CPA.
Ms. Giordani primarily represents high net worth individuals and family offices in a wide variety of legal matters. Her particular focus is domestic and international trust, investment, and life insurance structures.View Attorney Profile
Mr. Swanger has extensive experience in assisting U.S. and non-U.S. clients with the design and implementation of traditional and more sophisticated estate planning and asset protection strategies.View Attorney Profile
Mr. Ripp represents high net worth individuals and family offices in the design, implementation, and administration of domestic and international trust, investment, and life insurance structures.View Attorney Profile
Ms. Ugent retired as the firm’s Director of Tax and Accounting in April 2018, but she continues to share her extensive experience on an as-needed basis with the firm.View Director Profile
- New 3.8% Tax on Net Investment Income
- Reporting for Foreign Trusts Entities & Accounts
- 2016 Tax Year End Update (12/14/2016)
- IRS Proposes New Regulations: What You Need to Know (8/23/2016)
- IRS Announces Changes to Offshore Voluntary Disclosure Program (7/3/2014)
- Net Investment Income Tax Nightmares
- Offshore Tax Compliance
- New IRS Filing Requirement for U.S. Persons with Foreign Assets (1/17/2012)