by cpaofmiami | Apr 10, 2015 | International Taxes - Expat Tax Compliance, IRS Tax Problem Resolution - Back Taxes, Miami CPA Accounting, Tax Compliance - High Net Worth Individuals
What percent of filers wait until the last week? Statistically, about a quarter of all tax returns (nearly 25%) are mailed in the last week of the tax season. Yes, it’s pretty high given the amount of time provided. For those that are not prepared, many will file...
by cpaofmiami | Apr 9, 2015 | International Taxes - Expat Tax Compliance, IRS Tax Problem Resolution - Back Taxes, Miami CPA Accounting, Tax Compliance - High Net Worth Individuals
We get this question often: I am an American living and working abroad. Do I need to file a US tax return? Regardless of where you live now, being a United States citizen requires that you file a yearly tax return with the IRS. Green card holders and all US citizens...
by cpaofmiami | Apr 6, 2015 | International Taxes - Expat Tax Compliance, IRS Tax Problem Resolution - Back Taxes, Miami CPA Accounting, Tax Compliance - High Net Worth Individuals
Yes, the word strikes fear in every taxpayer’s heart. The process is not fun and every effort should be taken to lower your risk of a tax audit notice. You may know someone who’s been through an IRS audit. You’ve at least heard that it can be a grueling, complex...
by cpaofmiami | Apr 6, 2015 | International Taxes - Expat Tax Compliance, IRS Tax Problem Resolution - Back Taxes, Miami CPA Accounting, Tax Compliance - High Net Worth Individuals
Not sure you’ll be prepared to file and pay your total taxes due by April 15? Here’s what you need to know about filing an extension. Sometimes, things beyond your control keep you from making that April 15 income tax filing deadline. Family emergencies. Too much time...
by cpaofmiami | Apr 2, 2015 | Condominium and Homeowner Audits - Real Estate Accounting, International Taxes - Expat Tax Compliance, Miami CPA Accounting, Tax Compliance - High Net Worth Individuals
Each year, our tax code gets longer and more complicated. The filing season for 2014 is rapidly coming to a close and the Health Care Law (Affordable Care Act) is a totally new wrinkle that will make your tax return even longer. In addition to more forms and...
by cpaofmiami | Mar 23, 2015 | International Taxes - Expat Tax Compliance, Miami CPA Accounting, Tax Compliance - High Net Worth Individuals
As we head into the home stretch for tax season, our awareness of tax rates is heightened. Whether you are a resident of another country or another state, the advantages of becoming a resident of Florida are hard to resist. At this time of year, we all become more...