}

PHILOSOPHY OF THE PRACTICE & EXPERIENCE

tax attorney

Over the past 38 years, Richard S. Lehman has established a sophisticated private practice focusing on tax law. His background, education, and experience has distinguished him in this complex field. A published author and noted speaker,
Mr. Lehman has carved a reputation as a powerful client advocate.

He is a graduate of Georgetown Law School with a Master’s of tax law from New York University Law School.  He has served as a law clerk to the Honorable William M. Fay, U.S. Tax Court and as Senior Attorney of the Interpretative Division in the Chief Counsel’s Office of the Internal Revenue Service in Washington D.C., the IRS’s internal law firm.

A one-time partner in one of the nation’s largest law firms, Mr. Lehman has found that practicing on his own matches his client’s entrepreneurial spirit.

Central to Mr. Lehman’s practice is recognizing that legal needs do not exist in a vacuum. Numerous legal disciplines often come into play in resolving matters. Consequently, Mr. Lehman is regularly approached to untangle complex legal and tax situations that require the expertise of numerous lawyers in varied disciplines.

Mr. Lehman has a broad network of contacts in the legal profession on every continent. Regardless, of the issue, he has consistently guided clients through the legal maze with sophisticated tax strategies that assist a wide range of clients including:

  1. Those with complex tax dilemmas, both domestic and foreign
  2. Foreigners investing in and immigrating to the United States
  3. United States citizens and corporations investing in foreign countries
  4. Families with complicated estate tax situations
  5. Ponzi scheme victims seeking tax relief

Domestic Taxation

American investing and doing business outside of the United States or emigrating from the United States, you are going to deal with the US tax and immigration laws

August 6, 2014: The new IRS Streamlined Filing Compliance Procedures explained by Richard S. Lehman

The new I.R.S. changes to Offshore Bank And Foreign Asset Disclosure Programs is explained by United States Tax Attorney, Richard S. Lehman

This is an extremely important and valuable I.R.S. Program. It allows almost every American who has been afraid to step forward and disclose their foreign assets to the U.S. taxing authorities to do so with minimized penalties on unpaid taxes and unfiled information returns.

Purpose of the streamlined procedures: The streamlined filing compliance procedures are available to taxpayers certifying that their failure to report foreign financial assets and pay all tax due in respect of those assets did not result from willful conduct on their part. Read full article here.

The Tax Wake Up Call For Americans With Unreported Assets And/Or Income

New United States taxation laws starting 2012Web Seminar Topics: I.R.S Grants NEW Amnesty Program beginning taxable year 2012. Plus two pieces of tax legislation that have been phased in over the last few years;

  1. Beginning Taxable Year 2011, The Foreign Account Tax Compliance Act (FATCA)
  2. Beginning in 2013, Foreign Financial Institutions (FFI’s) Report On Americans.

This was not the years of a Do Nothing Congress. Those two new pieces of legislation, together with existing law, now make sure that every U.S. taxpayer’s assets and source of income, both foreign and domestic, will be included in an information return or a tax return that must be filed with the internal revenue service of the united states. Learn more, watch this free on-demand seminar and access to all presentation resources:

ARTICLE: Amnesty Program for Unreported Foreign Income
New U.S. tax laws require strict reporting of foreign assets and establish a new program granting Amnesty from criminal tax prosecution for offshore delinquent taxpayers.
Click here to read full article

ARTICLE: Foreign Financial Institutions – Reporting and Withholding United States Taxes

Attention Taxpayers Holding Foreign Financial Assets. The New Law generally requires Foreign Financial Institutions (FFIs) to provide information to the Internal Revenue Service (IRS) regarding the Foreign Financial Institutions’ United States accounts (U.S. accounts). It also requires certain Nonfinancial Foreign Entities (NFFEs) to provide information on their substantial United States owners (substantial U.S. owners).
Click here to read full article

ARTICLE: The Foreign Account Tax Compliance Act (FATCA). Americans now required to disclose all foreign financial assets.
Click here to read full article


PONZI SCHEME TAX LOSS – RECOVERY AND TAX REFUNDS

ARTICLE: Taxation of the Clawback in a Ponzi Scheme
Because these clawbacks are granted under two separate principals of law, the lost amount of profits and principal must be carefully defined and properly claimed as a deduction or confusion will reign with the IRS. Read this full article

ponzi scheme tax lossWeb Seminar-This is for victims and financial professionals. Learn how recovery of “Tax Refunds” is quick and reliable. How to best secure a tax refund from Ponzi Scheme losses, how the government has made recovery easier and what you need to know about theft losses, How to plan and implement tax refund requests for Ponzi Scheme tax losses for maximum benefits now, and in the future.
Click here to view this (on demand) seminar

Background Reports

This is a series of reports focusing on the tax benefits available as a result of Ponzi Scheme losses. These Reports are not intended to be and cannot serve as legal advice to any reader. Each taxpayer has their own unique factual situation which is going to need to be reviewed by tax advisors and litigation counsel before any legal conclusions can be reached.

ARTICLE: Favorable Tax Consequences – Ponzi Schemes and The Clawback

Most of us are familiar with the concept of the Ponzi Scheme. An investment built on phony profits that crashes and burns, financially devastating many. What is less familiar is the fact that an investor in a Ponzi Scheme cannot only lose all of their investment. Investors in Ponzi Schemes can also be forced to pay back additional moneys earned form the Ponzi Scheme years before it exploded. This is what is known as a clawback.
Click here to read full article

ARTICLE: Ponzi Schemes and Theft Losses – What to do if there is NO Safe Harbor?

There are many reasons a taxpayer victim of a Ponzi Scheme will either not fit in the Safe Harbor or will be forced to waive valuable tax rights in the event they choose the Safe Harbor. Therefore it makes sense to study how to deal with the I.R.S. if you have a theft loss and you will not or cannot use the Safe Harbor.
Click here to read full article

VIDEO: ‘WEALTH & WISDOM” on PBS Station WXEL:
A focus on taxation, litigation and The Bernie Madoff Theft – Featuring prominent Palm beach County attorneys Steven M. Katzman & Richard S. Lehman.
Click here to watch all segments


SETTLING WITH THE INTERNAL REVENUE SERVICE (IRS)

IRS and united states taxation Making the Offer in Compromise – Offer in Compromise settlements are based upon the Taxpayer’s assets and overall financial situation. The worse the Taxpayer’s financial situation looks, the better the settlement with the I.R.S. The bad economy is one reason why now is the time to consider an Offer in Compromise. Click here to read full article

UNITED STATES TAXATION OF FOREIGN INVESTORS

United States taxation of foreign investorsWeb Seminar - U.S. Taxation (General Overview)

The following seminar is intended to provide the foreign investor both corporate and individual, with a basic introduction to the tax laws of the United States as they apply to that foreign investor.

Click here to view this (on demand) seminar

 

ARTICLE: United States Taxation of Foreign Investors
This article is available in 8 languages: English, French, Spanish, German, Italian, Chinese, Arabic, Russian.
Click here to pick preferred language.


PRE IMMIGRATION INCOME TAX PLANNING

Pre immigration planningWeb Seminar – Pre-Immigration Tax Planning.

The immigrating Non Resident Alien must prepare for a tax life as a Resident Alien. This means closing out the past and taking advantage of all of the tax deductions and tax investment incentives offered by the U.S. Tax Code. It may mean leaving certain of the taxpayer’s foreign investments in place.

Often immigrating residents are unfamiliar with the tax laws of the United States, that they will face upon obtaining their resident status. Often this lack of knowledge can be costly with immigrants paying unnecessary taxes and burdening themselves with liabilities.
Click here to view this (on demand) seminar

 

ARTICLE: Pre Immigration Income Tax Planning.
Click here to read full article


FOREIGN INVESTORS IN U.S. REAL ESTATE

United States real estateWeb Seminar - Investing in U.S. Real Estate.

This Web seminar explains the tax laws governing real estate investments in the U.S. and the techniques available to reduce U.S. taxes on real estate profits earned by Foreign Investors. There is an emphasis on tax planning for the non-resident alien individual and foreign corporate investor that is planning to invest in United States real estate.
Click here to view this (on demand) seminar

 

ARTICLE: Tax Planning for Foreign Investors Acquiring United States Real Estate Investments

These articles are available in 8 languages included: Portuguese, Chinese, Deutsch, Francais, Italiano, Russian, Espanola


UNITED STATES TAX BENEFITS FOR EXPORTING

tax incentive  for Americans who export product and related servicesWeb Seminar : The United States – Major Tax Reductions for Export Profits

With all profits hard to come by, U.S. taxpayers that sell, lease or license “export property” which is manufactured, produced or grown in the United States (not more than 50% of which attributable to U.S. imports); can take advantage of tax support for their export profits in the Internal Revenue Code. Export profits can be taxed at a 15% tax rate instead of the 35% tax rate on ordinary income (and sometimes 50% tax rates when state and city taxes apply). Click here to view this (on demand) seminar

ARTICLE: The United States Tax Benefits of Exporting and The IC-DISC
Click here to read Article

ARTICLE: The Export Disc Corporation – Computer Software and Internet Sales and Licenses
Click here to read Article


CLE Tax Law Credits for Attorneys

US tax law seminars for everyoneThese courses are Florida Bar Accredited.

For attorneys outside of Florida – we have teamed up with MCLEZ an approved CLE Provider. MCLEZ provides continuing legal education that meets state requirements in the states of:

Alabama, Alaska, Arizona, California, Colorado, Florida, Illinois, Indiana, Kentucky, Mississippi , Missouri, Nevada, New York, New Hampshire, New Jersey, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Utah, Vermont, Virginia, West Virginia, Washington

These tax seminars are offered at no-cost and available to everyone www.ustaxlawseminars.com

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