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Video instructions and help with filling out and completing Are Form 3520 Employed

Instructions and Help about Are Form 3520 Employed

Hello boys, hello Claudia, hello. We're joined today by attorney Robert Hansen. Thank you so much. We had done a video and an article about Australian superannuation funds. The confusion that it just sort of floats around them. Nobody really knows how to treat them. After doing that video and that article, we got some really great feedback from some really brilliant people, including Karen Alpert, who we've spoken with many times about this. So we basically wanted to do a follow-up to talk about that feedback and give some answers to questions we got. Yeah, so previously, we talked about that there is someone who claims to be an attorney who's claiming that you could treat it's really easy to treat Australian superannuation as Social Security, therefore avoid punitive penalties. It's very simple, there's no tax. His arguments really weren't all that great. We've found them lacking and he also claimed to have the special sauce that no one else did. There was a special thing he did that, you know, if you just paid him, he'd find out. We really couldn't figure it out. And we also know from experience that there's no one at the IRS who actually reviews things. We know that would ever agree with his position at all. And so we're sort of warning people about that. It's very easy to claim that the IRS has taken a position when you file things because there's no human eyes actually looking at it. Try that at an audit where you have a revenue agent looking at what you're doing. And there's a very different standard of review when it's a machine reviewing it as opposed to a trained examiner who's looking for these issues. Mm-hmm. So now, this is what I would also say, that we hope...