We oversee tax compliance with an emphasis on accuracy, defensibility, and alignment with planning positions. Our work is designed to withstand scrutiny and integrate seamlessly with broader advisory efforts.
Preparation and review of complex federal and state tax filings
International reporting - E.g., Forms 5471, 8865, 8858, 5472, 8621, 8938, 3520, FBARs, etc)
Partnership and corporate tax compliance
IRS and state notice management
Compliance risk review and issue spotting
Coordination with client accounting teams and external advisors
Ongoing advisory tied to filing positions
KNOW ALL OUR CAPABILITIES
Tax planning is designing a strategy to minimize tax legally, while tax compliance is accurately reporting and filing so those positions hold up under IRS scrutiny – you need both, and they should be coordinated. Planning without solid compliance is fragile, and compliance without planning leaves money on the table. OCP Tax Law aligns compliance directly with its clients’ planning positions so everything is consistent and defensible.
Late filing, late payment, and inaccurate reporting each carry their own IRS penalties, plus interest – and international information-reporting failures (like a missed FBAR or Form 8938) can be especially severe. The good news is that penalties can often be reduced or removed through reasonable-cause arguments or relief programs when handled correctly. OCP Tax Law helps clients address compliance issues early to avoid unnecessary financial exposure.
You generally fix an error by filing an amended return, but before you do, it’s worth having a professional assess whether the mistake creates any exposure – especially with foreign income or accounts. In some cases a formal disclosure program is a safer path than a simple amendment. OCP Tax Law reviews prior filings and designs the right correction strategy so the fix doesn’t create a bigger problem.
International compliance carries higher stakes because forms like the FBAR, Form 8938, and CFC-related filings have steep penalties and their own deadlines, and the IRS receives foreign account data automatically through FATCA. A missed international form can cost far more than a domestic filing error. OCP Tax Law integrates international reporting into a compliance approach built to withstand scrutiny.
YOUR TAX STRATEGY SHOULD BE STRUCTURED,
DEFENSIBLE & TRULY ALIGNED WITH YOUR BUSINESS GOALS.
A tax compliance attorney should first determine what the taxpayer was required to file, what was actually filed, and where the records disagree. Complex tax compliance services become more manageable when the review starts with an inventory instead of jumping directly to a correction.
An unfiled tax returns attorney may need to identify missing years, entities, jurisdictions, and information forms. Unfiled tax returns can affect more than one period, so the review should also consider notices, prior amendments, and the taxpayer’s current filing status.
Foreign account and entity reporting can depend on ownership, balances, income, and filing history. An FBAR attorney, FATCA attorney, or foreign bank account reporting attorney may need those facts before deciding how a prior omission should be addressed.
Clients who need to report foreign bank accounts may not have complete records for every year. Late FBAR filing should begin with reconstruction of the available evidence rather than assumptions. FBAR penalties can depend on facts and conduct, which makes the history important to the legal analysis.
A correction strategy may need to account for tax returns, information returns, notices, penalties, and current-year compliance at the same time. The correct sequence can matter when several obligations overlap.
When several years or forms are missing, order can matter. The review should connect each obligation to the correct taxpayer, entity, return, and period before separate corrections are filed.
Some compliance matters remain filing projects. Others involve penalties, disputed notices, or facts that require a more formal legal response. OCP Tax Law can move those issues to Tax Controversy when the problem becomes adversarial, while Tax Compliance remains focused on creating an accurate, documented filing record.
