- Street: 4507 Longview Avenue
- City: New York
- State: New Mexico
- Country: United States
- Zip/Postal Code: 10014
He and his team were always available with quick turnaround to questions with expert responses and advice. Marc was kind enough to speak with me on the phone to explain my options to file taxes as an expat. I would recommend him and his firm to anyone looking to file their taxes especially if they’re expats.
For many people, the process of filing an income tax return is daunting. Tax laws change frequently, and many individuals and business owners are simply unaware of the myriad of rules that govern deductions, credits and reportable income. As a result, the average taxpayer may make mistakes that can result in the underpayment or over payment of taxes. If the taxpayer underpays his taxes, he may be subject to an IRS audit, with possible penalties. If the taxpayer overpays his taxes, he loses money that’s rightfully his.
International tax is ever-changing, with complex rules, evolving regulations, and a need for local focus. For even the most sophisticated organizations, operating in foreign countries presents obstacles.
Furthermore, additional enforcement efforts like the Swiss Bank program has provided U.S. regulators with significant foreign account data to identify and pursue U.S. citizens, tax residents, and other covered individuals. Switzerland– As a traditional home to many banks and banking operations, Switzerland is attractive to a certain class of financial planners and other professionals. However, individuals residing in Switzerland must be especially wary of tax compliance errors due to targeted enforcement efforts stemming from FATCA and the Swiss Bank Program. Mexico– As the United States’ southern neighbor, many Americans have significant financial and business ties to Mexico.
If you and your spouse both work, and you consult on the side, you could combine any of these methods as long as the IRS is receiving the estimated payments they are expecting. If you have registered as a limited liability company , you’ll file your business taxes with your personal taxes on the 15th of April . As an independent consultant, you are considered to be a sole proprietor unless you have established yourself as another entity. Sole proprietors are required to file their business taxes along with their personal income taxes.
In some cases, the consultant may be asked to review and sign off on a tax return prepared online by a client. This not only reassures the client that the return was prepared correctly, that may also be a component of an audit protection service offered by many tax firms. Should the return trigger an audit, a tax consultant who is also an enrolled agent can represent the interests of the taxpayer in dealing with the IRS or state revenue agency. Tax consultants may opt to obtain professional certification or professional recognition of their knowledge and abilities. Doing so may enhance job opportunities, the ability to charge more for their services and, in some cases, enables them to provide additional services to their clients.
Below are the most recent international tax consultant salary reports. Ask tax professional near you if they would be willing to give a consultation via phone call, Zoom, Skype or other video conferencing software to discuss the scope of work. Also, ask them how they handle payments and whether they will be able to conduct all of their services remotely.
The exact nature and extent of a foreign corporation’s tax reporting obligations are dependent upon its status as either a domestic U.S. corporation or a foreign corporation doing business in the United States. For example, a foreign-owned domestic corporation is obligated to file Form 5472, Information Return of a 25% Foreign-Owned U.S. Corporation or a Foreign Corporation Engaged in a U.S. In addition, corporations of this type are required to keep sufficient records regarding related parties.
Integrate your tax, estate and investment strategies, and ensure that your company’s 401 plan complies with regulatory standards. We can help you and your employees get the most from retirement through personal and business tax planning, 401 management and benefits advising. We go beyond routine due diligence to provide an independent perspective on your transaction that identifies deal breaker issues and opportunities for higher ROI.
As a global leader in assurance, tax, transaction and advisory services, we’re using the finance products, expertise and systems we’ve developed to build a better working world. That starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better.
After analysis of your situation, we give an advice based on your personal wishes, circumstances and possibilities. Provide tax consulting and compliance in a professional environment for the effective diagnosis, solution, development and implementation of tax solutions. 5+ years of general tax experience that includes 2+ years of international ta
16 toplam, 1 bugün