by cpaofmiami | Feb 17, 2015 | Miami CPA Accounting, QuickBooks Accounting - Bookkeeping, Tax Compliance - High Net Worth Individuals
As a small business owner, it’s tough to keep so many balls up in the air. However, we sometimes cut an expense that ends up costing us much more. In other words, we are penny wise and pound foolish. In the case of small business accounting and tax matters, small...
by cpaofmiami | Feb 17, 2015 | IRS Tax Problem Resolution - Back Taxes, Miami CPA Accounting, Tax Compliance - High Net Worth Individuals
The fraudulent tax filings associated with TurboTax is so bad that now top lawmakers in the House and Senate have begun investigating fraudulent refunds. In 2013, the federal government lost $5.2 billion due to fraudulent tax filings. Given how things have exploded...
by cpaofmiami | Feb 16, 2015 | International Taxes - Expat Tax Compliance, Miami CPA Accounting, Tax Compliance - High Net Worth Individuals
As a United States citizen, your worldwide income generally is subject to U.S. income tax regardless of where you are living. Also, you are subject to the same income tax return filing requirements that apply to U.S. citizens living in the United States. However,...
by cpaofmiami | Feb 10, 2015 | International Taxes - Expat Tax Compliance, Miami CPA Accounting, Tax Compliance - High Net Worth Individuals
Transfer pricing has become an art for most multinational corporations like Apple, Microsoft, GE, Amazon and many others. However, the impact of transfer pricing upon a closely held business operating in Florida looking to expand overseas can be huge. Transfer...
by cpaofmiami | Feb 10, 2015 | International Taxes - Expat Tax Compliance, Miami CPA Accounting, Tax Compliance - High Net Worth Individuals
Surprisingly enough, there are thousands of small to mid-sized businesses that are entitled to a 20% tax break for exports but failing to take advantage of it. Many small business owners, and even many accountants, aren’t aware of this tax incentive. The name of this...
