by cpaofmiami | Apr 10, 2015 | International Taxes - Expat Tax Compliance, IRS Tax Problem Resolution - Back Taxes, Miami CPA Accounting, Tax Compliance - High Net Worth Individuals
What percent of filers wait until the last week? Statistically, about a quarter of all tax returns (nearly 25%) are mailed in the last week of the tax season. Yes, it’s pretty high given the amount of time provided. For those that are not prepared, many will file...
by cpaofmiami | Apr 9, 2015 | International Taxes - Expat Tax Compliance, IRS Tax Problem Resolution - Back Taxes, Miami CPA Accounting, Tax Compliance - High Net Worth Individuals
We get this question often: I am an American living and working abroad. Do I need to file a US tax return? Regardless of where you live now, being a United States citizen requires that you file a yearly tax return with the IRS. Green card holders and all US citizens...
by cpaofmiami | Apr 6, 2015 | International Taxes - Expat Tax Compliance, IRS Tax Problem Resolution - Back Taxes, Miami CPA Accounting, Tax Compliance - High Net Worth Individuals
Yes, the word strikes fear in every taxpayer’s heart. The process is not fun and every effort should be taken to lower your risk of a tax audit notice. You may know someone who’s been through an IRS audit. You’ve at least heard that it can be a grueling, complex...
by cpaofmiami | Apr 6, 2015 | International Taxes - Expat Tax Compliance, IRS Tax Problem Resolution - Back Taxes, Miami CPA Accounting, Tax Compliance - High Net Worth Individuals
Not sure you’ll be prepared to file and pay your total taxes due by April 15? Here’s what you need to know about filing an extension. Sometimes, things beyond your control keep you from making that April 15 income tax filing deadline. Family emergencies. Too much time...
by cpaofmiami | Mar 18, 2015 | International Taxes - Expat Tax Compliance, IRS Tax Problem Resolution - Back Taxes, Miami CPA Accounting, Tax Compliance - High Net Worth Individuals
For the first time, all taxpayers must include information about their health care coverage to the IRS on their 2014 Form 1040. Another year, another tax form or two. 2014 was the first tax year that the Individual Shared Responsibility Provision (SRP) of the...
by cpaofmiami | Feb 27, 2015 | International Taxes - Expat Tax Compliance, IRS Tax Problem Resolution - Back Taxes, Miami CPA Accounting, Tax Compliance - High Net Worth Individuals
As of February 20th, the IRS is reporting that the average refund is $3,120. At this point the IRS agency have processed about 50 million tax returns and 83% have qualified for a refund. We have offices in Downtown Miami on Brickell Avenue and Miami Lakes. Call us...
