by cpaofmiami | Dec 8, 2014 | Condominium and Homeowner Audits - Real Estate Accounting, Tax Compliance - High Net Worth Individuals
The “average family selling a home” for the first time and moving on to South Florida will not need to worry about capital gains. According to the IRS, when you sell your primary residence (the key word here is primary residence or the home you actually...
by cpaofmiami | Dec 8, 2014 | Condominium and Homeowner Audits - Real Estate Accounting
Tis the season for condominium associations and homeowner associations to get prepared for complying with Florida Statutes. For the typical condominium complex, now is the time to contact a Florida CPA firm that focuses on real estate accounting requirements. Most...
by cpaofmiami | Dec 8, 2014 | International Taxes - Expat Tax Compliance, IRS Tax Problem Resolution - Back Taxes, Tax Compliance - High Net Worth Individuals, Uncategorized
It is getting harder and harder to hide bank deposits in other countries. Recently, 51 nations agreed to automatically exchange tax information in 2017. This agreement was led by Europe’s five biggest economies and appears to be like the United States version of FATCA...
by cpaofmiami | Dec 8, 2014 | International Taxes - Expat Tax Compliance, IRS Tax Problem Resolution - Back Taxes
As our world has become more global in scope and United States citizen are living abroad regularly, the new tax laws that were designed to close tax loop holes have caused record numbers of U.S. citizens to abandon their American citizenship which is unfortunate. The...
by cpaofmiami | Dec 5, 2014 | Condominium and Homeowner Audits - Real Estate Accounting, Tax Compliance - High Net Worth Individuals, Uncategorized
On December 3, 2014, The House passed the one-year extension of the tax extenders package. Once passed by the Senate and signed into law, the House bill will likely extend the incentives through 2014. For our real estate developers, commercial property owners, and...
