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...
by cpaofmiami | Dec 19, 2014 | International Taxes - Expat Tax Compliance, IRS Tax Problem Resolution - Back Taxes, Miami CPA Accounting, Tax Compliance - High Net Worth Individuals
For the average person, there’s nothing more terrifying than the thought of getting an IRS audit. It ranks right up there with fears of dentists, flying, and fear of heights. Goodwill donations are great. So are donations to a non-profit. They are made for a...
by cpaofmiami | Dec 17, 2014 | Miami CPA Accounting, QuickBooks Accounting - Bookkeeping, Tax Compliance - High Net Worth Individuals
QuickBooks is the small business accounting software of choice today. Here are the key reasons most small businesses in the South Florida area use QuickBooks to maintain their financial needs. It adapts to most types of small business. Easy to customize. Reports can...
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...
