by cpaofmiami | Dec 9, 2014 | IRS Tax Problem Resolution - Back Taxes, Tax Compliance - High Net Worth Individuals
Today’s changing work environment that consists of increasing telecommuting and employees traveling to a client’s on-site location is presenting new challenges for businesses and workers alike when it comes to taxes. One area that is particularly vexing, not to...
by cpaofmiami | Dec 8, 2014 | International Taxes - Expat Tax Compliance, Tax Compliance - High Net Worth Individuals
In January 2014, the Economist magazine indicated that Foreign Account Tax Compliance Act (FATCA) would negatively impact the Miami Financial District. They indicated that Miami had lots to lose from Latin American money deposited in Miami’s financial district...
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...