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...
by cpaofmiami | Jan 13, 2015 | Miami CPA Accounting
Here’s a enlightening article from the Miami Herald on the economic outlook in 2015 for South Florida. The article takes an inside look at sectors like construction, trade, professional services, retail and hospitality. If you are seeking to expand your...
by cpaofmiami | Jan 13, 2015 | Miami CPA Accounting, Tax Compliance - High Net Worth Individuals
Thumbtack, in partnership with Ewing Marion Kauffman Foundation, released the results of their third annual Small Business Friendliness Survey. The study provides insights into the friendliness of state and local business environments across the United States....
by cpaofmiami | Jan 5, 2015 | International Taxes - Expat Tax Compliance, IRS Tax Problem Resolution - Back Taxes, Miami CPA Accounting, Tax Compliance - High Net Worth Individuals
If you are exaggerating your business expenses, this increases your risk of getting audited by the IRS. The IRS measures typical amounts of expenses by your type of business, and a tax return showing 20 percent or more above the norm increases your risk of getting...
by cpaofmiami | Dec 29, 2014 | International Taxes - Expat Tax Compliance, Miami CPA Accounting, Tax Compliance - High Net Worth Individuals
It’s one thing to have a business that occasionally loses money, particularly in economic downturns. However, having a business or two that loses money every year for a sustained period of time is an invitation for a tax audit. If your small business fails to...
