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US Expatriate Tax Advisor

Though there are certainly advantages to living in a different country, you may find it necessary to seek expatriate tax services in order to ensure that all pertinent tax laws are followed.

Below, we give an outline of the United States tax laws and regulations that apply to American expatriates.

Expatriate Tax Law

As a citizen of the United States or a resident alien, the income you receive from anywhere in the world is generally subject to income taxes from the U.S. This is true regardless of where you may be residing in the world.

Additionally, the same guidelines and filing requirements for income taxes that apply to all other U.S. citizens or those who live in the United States also apply to you and your situation.

However, it should be noted that you can meet some special requirements which can allow you to receive several income tax benefits while you live elsewhere in the world.

As an example of benefits which could apply to your situation, you might be able to make certain exclusions from your income.

This can apply to a limited, but still significant amount of your income earned in foreign lands.

You might also be able to either exclude or deduct the amount of your housing from your gross income amount.

There will be more on this later. In order to claim these benefits, it is necessary for you to file a tax return, and to elect the necessary exclusion.

You may find yourself able to claim an additional tax credit or possibly an itemized deduction for the foreign income tax amounts which you have paid.

Moreover, there are some tax treaties and conventions that the United States has agreed upon with a large number of foreign countries.

Under these treaties and conventions, you could find a way to reduce your overall foreign tax liability.

In order to do this, you must have the proper information and knowledge, and our expatriate tax services can help you to minimize your overall tax burden.

If you are an American citizen living abroad, you enjoy numerous benefits. However, you must also stay current with the tax bill from your home country.

Fortunately, you do not have to take care of this burden on your own.

With our help, you can ensure that your taxes are done correctly with great care taken to ensure that you only pay what is necessary.

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Elder Care – Financial Care For Safe, Secure, Retirement

The financial aspects associated with the care of an aging parent or other member of your family are often much more than most people are able to handle by themselves.

Sometimes, day-to-day tasks such as balancing the checkbook, paying bills, or even responding to emergencies such as home repairs or unexpected medical expenses can become more work than what your loved one can handle alone.

Thankfully, you can rest assured with the knowledge that our team of elder care experts is always here to assist you and your loved ones with taking care of these important issues.

It is important for you to know that when you use our services, we become a member of YOUR team.

We help you to look out for your loved one’s best interests in the best possible way, plus we report to you and keep you informed during every step of the process.

The elder financial care services we offer span the entire wide gamut of financial needs. Everything from the day-to-day management of the checkbook and basic, general services for paying bills to the preparation of an inventory of investments and personal assets can be taken care of expertly by our highly-trained staff.

Feel free to inquire with us about the services we offer in these categories:

• Personal bookkeeping; this includes basic household bill payment, the management of records and budgeting, as well as the management of income receipts, disbursements and deposits.
• Offering help, advice and other types of assistance when confronting unexpected emergencies and unforeseen household issues of a financial nature.
• The coordination of day-to-day financial transactions like medical expenses, repair services, and maintenance expenses.
• The identification of goals and needs associated with retirement, as well as the management of retirement account disbursements.
• Helping to monitor investment portfolios, and working alongside the investment advisors in order to maintain assets.
• The organization and review of personal, legal and financial paperwork and documents in order to assess issues which must be addressed.
• The analysis of income and expenses in order to help determine financial needs and goals in the long-term.
• Providing information and answers to questions regarding pensions, social security, insurance benefits, Medicare, and any other concerns in relation to the well-being of your elder loved one.
• The preparation of taxes including filing, dealing with gifts and management of estate taxes and services for planning.
• Referrals and introductions to local assistance services, agencies and organizations.

It does not matter if your loved one only needs a bit of assistance in order to remain independent, or they require substantial help in order to manage their finances as they get older.

We provide the important services needed to cover the entire spectrum of the various elder needs.

Give us a call today for a no-charge consultation on how we can protect and grow your finances or those of the ones you love.

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Non-Filed Returns – Done For You

Charges related to tax interest and penalties can accumulate with incredible quickness.

If you did not file a tax return because you were unable to pay the amount that was owed, or you completed your filing but did not elect to pay, you have gotten yourself into a predicament which may seem difficult to escape.

What is more, the longer you let this situation go on, the more likely it is that you are going to be required to pay for it. When this happens, you will not only pay, but you will pay significantly.

Failing to file your tax returns is actually a criminal offense.

If you are wondering about the punishments for not filing your tax return, it can be as severe as a single year of time in jail for each year your taxes remain not filed.

It is a huge mistake to think that you might be able to get away with this.

The computer systems at the Internal Revenue Service continue to become more sophisticated and complex, and this means that the chances of you and your taxes getting flagged and revealed increase at an exponential rate.

Here is how you can effectively handle the situation:

The first thing you should do is to allow us to help you comply with all pertinent laws. By becoming proactive and making sure your returns are filed, you are still able to take advantage of allowances and deductions which are due to you.

Yes, you will still owe money in taxes, as well as penalties and interest, but if you wait to act until the IRS decides to attend to the problem for you, they will treat your case in the best interests of the government with little or no thought or interest paid to your monetary bottom line.

By filing all of your delinquent returns in a voluntary fashion, you will save yourself from experiencing additional problems in the future.

We can assist you in doing that with our non-filed returns – unfiled tax return service.

You can always assure yourself that good things happen when you do the right thing, and taking care of your taxes sooner than later is one of the best things you can do for yourself and your financial future.

Once you get your returns into current standing, we can examine your total amount owed and assist you in creating an action plan which can remedy your unpleasant situation.

If you are serious about solving your tax problems, acting quickly will help you, so call us immediately to find out more about how we can help you.

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Estate Planning Done Right

Estate planning is much more involved and complicated than the majority of people realize. If you do not possess a complete understanding of your rights both legally and financially, you will end up paying the consequences at a later date.

What is worse is that your family may end up paying the costs in the long run.

If you feel like you are not yet at an age where you need to worry about planning for your estate, or you are waiting for a day on which you have more of an estate to deal with, you need to rethink things. By taking care of the plans for your estate in the event of your demise now, you will give yourself peace of mind knowing that you have done all you can to provide for your children and family.

We are here to help you. Our experts in estate planning services will become acquainted with you and your needs, and they will assist you in forming a plan for the future based on your specific situation and requirements.

We are pleased to offer and recommend useful research tools to you which will assist you in getting your estate in the proper order. These tools, which we will discuss with you so that you understand them correctly, will ensure that your family and the people you care about are not burdened with taxes, government bureaucracy, probate courts, end of life costs and other issues related to inheritance.

Some questions for which you may require answers include:

• How does a divorce or multiple marriages affect the planning of an estate?
• What happens in the event that heirs have not reached inheritance age?
• Is there a possibility of children from multiple marriages or other people challenging or interfering with the planning of the estate?
• In what ways can an inheritance be protected from an heir’s creditors?
• How can you ensure that your estate is passed along with a minimum of tax liability?
• Who is required to be on your team for estate planning?
• Do you possess the proper paperwork such as wills, healthcare directives, trusts and power of attorney?
• In the event of your incapacitation, how will your estate be taken care of?
• If your situation undergoes any changes, what are the processes for making amendments to your estate plans?
• In what ways can you leave money to organizations such as charities?

There are many areas in life where doing the job yourself can be beneficial. Estate planning is certainly not one of them.

Please allow us to help guide you through the challenges and various complexities of estate planning which are different with each specific case.

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“Take on” the IRS Without Lifting a Finger!

Even the time necessary to gather all the required supporting documents is onerous at best, even for the most organized tax payers.

Once you have spent your valuable time gathering all the documents you can then expect to waste even more valuable time in learning all the relevant tax codes that might apply to your particular situation.

None of this is fun, but there is no question that you will spend your time this way upon receiving an IRS audit letter.

This is true because you know that if you don’t take this course you will more than likely end up paying a substantial tax bill, including all of the fees and interest payments the IRS will levy for your tax deficiency.

You have no choice but to investigate every issue brought up by the auditor and attempt to bring your taxes into compliance with their requests.

All the while, this time and energy spent on your tax issues will be drawing your attention away from your personal life and your business affairs, with the end result being that both suffer needlessly.

The truth is, you are ill prepared to take on the IRS tax auditor.  Their full time job is to scrutinize every line of a tax return and find any instance where they can extract more tax money from you.

They are familiar with all the small loopholes and tax requirements and will locate obscure ways to force you into providing additional documents and will question each line of your tax return they do not feel is in complete compliance with the over 70,000 pages of the US tax code.

In short, the IRS tax auditor is an expert in taxation, while you most certainly are not.

Does it make sense for you to go up against someone who has thousands of hours experience working in the tax field?  Would you hire a recent marketing graduate to compete against your strongest competitors?

Naturally it doesn’t make sense to do either of these things.

If you are going up against an expert, you need an expert of your own if you expect to compete on a level playing field.  This is where IRS representation services come into play.

Rather than put yourself into this awkward position, why not simply use our tax preparation service from the beginning.  Our clients, when audited, typically have nothing more to do than to forward us their IRS Notification of Audit letter and we handle the rest.

IRS audits are rare amongst our clients, but when they do happen we stand behind our expert tax preparation service and we take on the IRS on your behalf through our professional IRS representation services.

All of the necessary paperwork, the scrutiny, the questions and most importantly the intimidation is deflected from you and handled by our tax experts.

Which leaves you free to continue with your life and your business without the stress and pressure that an IRS audit can cause.

You can get started by simply filling out and submitting the form at the bottom of this page.  Our tax experts will contact you and get you started with a free tax consultation.

Don’t let an IRS Audit Letter drain your valuable time and energy, instead let us do what we do best…take on the IRS for you!