Frost & Associates, LLC
839 Bestgate Road
Annapolis, MD 21401
Mr. Frost is managing partner of Frost & Associates. The firm focuses on Tax Controversy and Litigation, International Tax Matters, Tax Planning, Estate Planning, White-Collar Criminal Defense, and regulatory investigations by various government agencies including the Office of Foreign Asset Control (OFAC). Mr. Frost manages a team of attorneys, certified public accountants, enrolled agents, former IRS employees, certified fraud examiners, and other professionals.
Mr. Frost is an attorney, certified public accountant, and Certified Financial Planner®. With his diverse background, he is able to provide a holistic approach to resolving legal, tax, business and financial needs of clients. Mr. Frost focuses his national and international practices on tax matters, business law matters, and estate planning matters. Leveraging his experience as a CPA, Mr. Frost offers personal, compliance and business tax planning services to owners, families, family businesses, private equity and asset management stakeholders, as well as high net worth individuals. In addition, he focuses his practice on a wide variety of services that are associated with owning, managing and preserving businesses and wealth, including asset protection, estate and succession planning, sensitive wealth transfers and philanthropic planning.
Mr. Frost’s tax controversy practice includes advising and representing clients in collection, examination, and appeals matters pending before the Internal Revenue Service (IRS). Additionally, Mr. Frost represents clients in civil and criminal litigation in the U.S. Tax Court, U.S. District Court, and state courts. Mr. Frost frequently handles complex cases in the following areas: IRS examinations and appeals, IRS tax levies, tax liens, wage garnishments, collection due process hearings, collection appeals, offers in compromise, requests for penalty abatement, payroll tax delinquencies, trust fund recovery penalties, foreign bank account reporting requirements (FBAR), Foreign Account Tax Compliance Act compliance, and allegations of white collar crime including money laundering, currency structuring, conspiracy, willful failure to file, and willful failure to pay.
Mr. Frost has represented hundreds of taxpayers who have voluntarily disclosed hundreds of millions of dollars in offshore bank accounts and assets to the IRS. These disclosures were made by many taxpayers —some living abroad and others living Stateside—through a combination of the Offshore Voluntary Disclosure Program, Streamlined Filing Compliance Procedures, and the Delinquent Filing Submission Procedures.
Mr. Frost has represented hundreds of taxpayers who have undergone IRS audits and other similar government investigations. These investigations often involve very serious and sensitive issues and require sophisticated forensic accounting analyses.
Mr. Frost has represented whistleblowers who have reported to the IRS Whistleblower office significant unpaid income tax liabilities. Mr. Frost represents both taxpayers accused of wrongdoing by whistleblowers, as well as whistleblowers themselves in claims before federal and state tax authorities.