by cpaofmiami | Mar 20, 2015 | International Taxes - Expat Tax Compliance, Miami CPA Accounting, Tax Compliance - High Net Worth Individuals
South Florida, particularly Miami, is open for business and attracting entrepreneurs from outside of the United States. Between world class beaches, diverse culture, low interest rates and governmental stability, Miami is attracting entrepreneurs from all over the...
by cpaofmiami | Mar 19, 2015 | Condominium and Homeowner Audits - Real Estate Accounting, International Taxes - Expat Tax Compliance, Miami CPA Accounting, Tax Compliance - High Net Worth Individuals
Miami not only functions as a gateway to Latin America, it also is a gateway from China, Russia and parts of Europe for business development into the U.S. With the rapidly changing oil market and governmental instability in Russia, Venezuela, and economic softening in...
by cpaofmiami | Mar 18, 2015 | International Taxes - Expat Tax Compliance, Miami CPA Accounting, Tax Compliance - High Net Worth Individuals
South Florida is the hub of commerce and with the opening of Cuba, this wave of entrepreneurship will only increase in the years ahead. Many entrepreneurs in multicultural communities, like Miami, start import and export businesses by trading with their former...
by cpaofmiami | Mar 18, 2015 | International Taxes - Expat Tax Compliance, IRS Tax Problem Resolution - Back Taxes, Miami CPA Accounting, Tax Compliance - High Net Worth Individuals
For the first time, all taxpayers must include information about their health care coverage to the IRS on their 2014 Form 1040. Another year, another tax form or two. 2014 was the first tax year that the Individual Shared Responsibility Provision (SRP) of the...
by cpaofmiami | Mar 12, 2015 | Miami CPA Accounting, Tax Compliance - High Net Worth Individuals
The Miami Dolphins officially signed Ndamukong Suh to a $114 million contract. The interesting thing is that they were competing with two NFL teams that have hefty state income taxes, California and Michigan. California would have taxed 13.3% of Suh’s income. ...
by cpaofmiami | Mar 2, 2015 | Condominium and Homeowner Audits - Real Estate Accounting, International Taxes - Expat Tax Compliance, Miami CPA Accounting, Tax Compliance - High Net Worth Individuals
As many of us are tempted by property ownership outside of the United States, the question about tax treatment of real estate owned overseas often comes up. Whether the property is a vacation home or rental property, the tax benefits are similar to owning a home. ...