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5 Common Tax Mistakes on Miami Dade Rental Properties

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...

Red Flags for IRS Tax Audits – You Have Unreported Bank Accounts Overseas

by cpaofmiami | Dec 12, 2014 | International Taxes - Expat Tax Compliance, IRS Tax Problem Resolution - Back Taxes

Going through an IRS audit is not a pleasant experience.  For most people, it is up there with a root canal or colonoscopy.  At a minimum, the dentist and protologist are probably nicer to you than the average IRS auditor. In recent years, the IRS has turned its focus...

Healthcare Savings Accounts (HSA) – What You Need to Know

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...

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