by cpaofmiami | Jan 30, 2015 | Uncategorized
Your tax obligation to the United States depends on which type of foreign national you are considered to be for tax purposes. For example, resident aliens are required to follow the same rules and fill out the same forms as United States citizens. Generally,...
by cpaofmiami | Jan 29, 2015 | Condominium and Homeowner Audits - Real Estate Accounting
Within the state of Florida, there are very detailed statutory requirements, and administrative rules, relating to the year-end financial reports which are required to be prepared by Florida condominium associations. Here are the four levels of financial reporting for...
by cpaofmiami | Jan 28, 2015 | Miami CPA Accounting, QuickBooks Accounting - Bookkeeping, Tax Compliance - High Net Worth Individuals
When it becomes time to locate an accountant for your business, here are some tips to factor into your decision process. Accounting firms work with many types of small businesses and are trained to keep an eye on major costs and share best practices with you, which...
by cpaofmiami | Jan 27, 2015 | Forensic Accounting - Litigation Support, Miami CPA Accounting, Tax Compliance - High Net Worth Individuals
Forensic investigations are commonly done these days for corporate fraud, insurance fraud, tax crimes, and spousal dishonesty. Heck, the National Football League (NFL) and NCAA have even used forensic accounting for matters such as: Investigation into Miami Dolphins...
by cpaofmiami | Jan 26, 2015 | International Taxes - Expat Tax Compliance, IRS Tax Problem Resolution - Back Taxes, Miami CPA Accounting, Tax Compliance - High Net Worth Individuals
No. Anybody can be randomly selected for a tax audit. That being said, there are many steps that an experienced tax professional can take to lower your odds of being selected for an audit. But we can help you throughout the year as you proactively manage tax-related...
by cpaofmiami | Jan 21, 2015 | Miami CPA Accounting, QuickBooks Accounting - Bookkeeping
If you’re used to opening an envelope, writing a check and mailing your payment, you’ll find bill-paying easier and faster in QuickBooks Online. If you’re paying bills manually, this is probably one of your least favorite accounting chores. First, you know that you’re...
by cpaofmiami | Jan 20, 2015 | Condominium and Homeowner Audits - Real Estate Accounting, International Taxes - Expat Tax Compliance, Miami CPA Accounting, Tax Compliance - High Net Worth Individuals
Buying property in South Florida may seem easier than in many other countries. The real estate markets are open and there is generally no ban on foreign investment in property (personal or corporate). But beware – real estate markets can be complicated,...
by cpaofmiami | Jan 19, 2015 | Condominium and Homeowner Audits - Real Estate Accounting, Miami CPA Accounting
If you own a condominium or a property within a homeowners association, the association’s actions could derail your home sale at the wrong moment. When selling your home or condominium, the buyer’s lender will look into the financial condition of the condo...
by cpaofmiami | Jan 16, 2015 | Condominium and Homeowner Audits - Real Estate Accounting, Miami CPA Accounting, Tax Compliance - High Net Worth Individuals
Owning rental properties is a common way to increase your net worth in the long run as well as generate some passive income in the short run. If you are new to the landlord business though, you may fall prey to some common rental property income mistakes when you file...
by cpaofmiami | Jan 13, 2015 | International Taxes - Expat Tax Compliance, Miami CPA Accounting, Tax Compliance - High Net Worth Individuals
According to a prominent Miami economist, Manuel Lasaga, the economic and business outlook in 2015 is very positive. In particular, his comments on construction, foreign investment in real estate and improvement in international trade as key. If you are seeking to...
