While we are experienced across a wide range of industries and individual circumstances, over the years we have developed specializms in a number of niches.
Most of us at Business & Tax Advisory Group are expatriates who settled in the US. We understand what it takes to relocate countries, secure visas, interpret a new tax regime, buy property, plan for retirement, etc. There are many rules unique to the US which you may be unaware of e.g. FBAR reporting, residency, various beneficial elections, etc. We want to relieve some of the stress by providing valuable advice to reduce your tax burden, make introductions and generally guide you while you establish a home in the US.
For clients who have been in the US for a number of years, we frequently observe that their plans suddenly change or gradually evolve. Are you looking to extend your stay and apply for Permanent Resident? Are you maximizing your tax opportunities? Do you understand the social security system? Is it time to start a retirement plan? Do you have deemed disposition issues in your home country? Whatever your situation, it is always worthwhile reviewing your affairs with a trusted advisor.
As a US citizen, do you understand your tax obligations, both to the US and your host country? We can guide you through the complex rules defining tax residency, reporting of foreign incomes, tax credits, overseas pensions, entitlement to US social security, harmonization agreements, etc.
Unfortunately, many US citizens are inadvertently out of compliance, and face serious consequences. Fortunately, there is a limited window of opportunity to voluntarily comply with US tax laws before civil, or even criminal, penalties are imposed. We are very experienced with assisting clients become compliant, frequently for minimal taxes and penalties.
There are circumstances where a US citizen wants to live overseas permanently, and are considering relinquishing their citizenship. Frequently these citizens have not lived in the US for many years, and are delinquent on their tax returns. There are many factors to consider including exit taxes, estate taxes and being current on your US tax filings, and we can help assess your options.
Owning and managing a restaurant, resort, hotel or golf course demands plenty of business experience and tax law knowledge. Also, the balancing act of controlling inventory and labor costs requires smart financial analysis and forecasting. Everything from tip credit compliance to sales tax audits is enough to occupy all your time.
We can help you plan for the future while reducing your tax burden and capitalizing on market trends by partnering with you in the financial management of your company.
We understand the needs of individual and institutional investors, and want to serve you whatever your circumstances. Whether you are just starting to acquire rental properties or you already own or manage an extensive portfolio. We can help avoid costly errors and minimize your tax burden by guiding you on entity structure, property transfers, FIRPTA and sales by Non-US persons, record keeping for ongoing operations, maximizing your deductions, arranging 1031 tax deferred exchanges, depreciation strategy including cost segregation reports, etc.
Many opportunities present themselves to the manufacturing industry – especially to those firms who can compete in the ever-changing global marketplace. We can help you increase your market presence by creating a commonsense game plan to reduce costs and increase your profit margins thereby allowing your business to achieve its goals, both financially and strategically.
Our experience ranges from supporting entrepreneurs launch new businesses to implementing succession and exit plans for owners of established firms. Our services include regular record keeping, reporting and budgeting to customized financial reports, implementing business strategies and providing tax advice to maximize your deductions and minimize your taxable income.