by cpaofmiami | Dec 16, 2014 | International Taxes - Expat Tax Compliance, Tax Compliance - High Net Worth Individuals
Breaking into the United States market can be a rewarding venture for many foreign businesses. Because U.S. citizenship and residency are not required, foreign nationals are able to start or expand on U.S. soil without experiencing much more red-tape than an...
by cpaofmiami | Dec 16, 2014 | Condominium and Homeowner Audits - Real Estate Accounting, QuickBooks Accounting - Bookkeeping, Tax Compliance - High Net Worth Individuals
Intuit’s QuickBooks accounting program is the leading software program used by small businesses. In fact, their market share amongst small businesses is getting to the point where it’s probably above 80 percent. Here are three key reasons why most small businesses...
by cpaofmiami | Dec 15, 2014 | International Taxes - Expat Tax Compliance, IRS Tax Problem Resolution - Back Taxes, Tax Compliance - High Net Worth Individuals
Compliance with the U.S. Tax Code for foreign investors (non-US Citizens) is something we excel at. And with nations all over the globe starting to share more information back and forth, this will become more and more challenging going forward. At Canner Brody and...
by cpaofmiami | Dec 15, 2014 | Condominium and Homeowner Audits - Real Estate Accounting
Believe it or not, it is almost time for cooperatives, homeowner and condominium associations to produce their year-end financial reports. Every c0operative, homeowner and condo association must produce a year-end financial report of some kind within the state of...
by cpaofmiami | Dec 15, 2014 | International Taxes - Expat Tax Compliance, IRS Tax Problem Resolution - Back Taxes, Tax Compliance - High Net Worth Individuals
With computers these days, it gets easier for the IRS to locate individuals who fail to report their income. Each year, the IRS receives reporting from your employer, banks and brokerage accounts electronic copies of your W-2 and 1099s. Then, it matches your tax...
by cpaofmiami | Dec 12, 2014 | International Taxes - Expat Tax Compliance, IRS Tax Problem Resolution - Back Taxes
Going through an IRS audit is not a pleasant experience. For most people, it is up there with a root canal or colonoscopy. At a minimum, the dentist and protologist are probably nicer to you than the average IRS auditor. In recent years, the IRS has turned its focus...
by cpaofmiami | Dec 11, 2014 | Forensic Accounting - Litigation Support, IRS Tax Problem Resolution - Back Taxes
As many people will attest, divorces can often get ugly. Sometimes so much so, that the former spouse seeks revenge by sending a letter to the Internal Revenue Service (IRS). All your former spouse needs to do to wave this red flag is write a compelling letter to...
by cpaofmiami | Dec 10, 2014 | Forensic Accounting - Litigation Support, IRS Tax Problem Resolution - Back Taxes, Tax Compliance - High Net Worth Individuals
Believe it or not, the IRS does provide relief for a spouse who totally left in the dark. In some cases of fraud, there may be a path out of the position you were put into. Innocent Spouse Relief – Relief from IRS Tax Issues? Who Qualifies? Finding out that you owe a...
by cpaofmiami | Dec 10, 2014 | Tax Compliance - High Net Worth Individuals, Uncategorized
Whether you are a South Florida business considering offering an HSA or an employee thinking about selecting an HSA option, before you make that important decision about your benefits package, it’s a good idea to understand the basics about the HSA and what it can...
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...
