by cpaofmiami | May 11, 2015 | Manufacturing, Uncategorized
Here are 3 lean manufacturing concepts that can improve your manufacturing productivity. 1) Maintain a neat, organized workspace using the 5S. 5S stands for sort, set in order, shine standardize and sustain. When companies implement 5S as apart of a lean initiative,...
by cpaofmiami | Jan 30, 2015 | Uncategorized
Your tax obligation to the United States depends on which type of foreign national you are considered to be for tax purposes. For example, resident aliens are required to follow the same rules and fill out the same forms as United States citizens. Generally,...
by cpaofmiami | Jan 13, 2015 | Uncategorized
Being a real estate professional can be a significant benefit to an owner of rental properties as it allows for rental activities to be treated as non-passive and therefore losses can be deducted on these properties. Otherwise, the losses are suspended until the...
by cpaofmiami | Jan 6, 2015 | Uncategorized
I’d like to thank you all for your business this past year. All of the staff remains the same so you can be sure your business and your taxes will continue to have the same high quality you have come to expect. All of our staff can be reached at phone numbers...
by cpaofmiami | Jan 5, 2015 | Uncategorized
As part of the Affordable Care Act (ACT), the floor for deducting medical expenses has been raised from expenses exceeding 7.5% of Adjusted Gross Income (AGI) to 10% of AGI. Health insurers or employers will have to provide individuals annually with...
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...
