For a non-U.S. person investment in U.S. real estate has to be carefully structured in order to create the most beneficial tax situation. Income during the ownership period , tax when selling the property...
by Fulton Abraham Sanchez, CPA · Published February 25, 2019 · Last modified July 2, 2019
Offshore Banking License Cayman Islands The Cayman Islands are the most prestigious jurisdiction to get a full offshore banking license. This is the very reason why so many people and businesses choose offshore banking...
by Fulton Abraham Sanchez, CPA · Published February 12, 2019 · Last modified March 1, 2019
Financing is one of the key sources for real estate investing. Our network of lenders specialized in financing the full range of properly sectors, including multifamily, retail, office, industrial, healthcare and senor housing, hospitality and...
File your Tax Return Even as an Expat, you still need to file a tax return and, depending on your income, pay taxes, as long as you have a U.S. citizenship. Your worldwide...
The IRS has some specific requirements for U.S. Expats’ tax filings. The WSJ posted a detailed list. Below a summary of the most important ones: FBAR Form FinCEN 114 This form is independent of the tax return...
by Fulton Abraham Sanchez, CPA · Published February 6, 2019 · Last modified July 8, 2019
News BTC posted, the start of 2018 saw finger-pointing from cryptocurrency communities, after a bull-run on Bitcoin in 2017 set tax payers on a course of liquidating assets to settle their expanded tax bills....
by Fulton Abraham Sanchez, CPA · Published February 6, 2019 · Last modified July 8, 2019
An article from Cryptoslate explain that for taxpayers who have been dealing in cryptocurrencies and who have delinquent state and federal tax filings, or unreported tax years’ transactions going back to 2017 or earlier,...
by Fulton Abraham Sanchez, CPA · Published February 1, 2019 · Last modified April 23, 2019
Since the level of protection in an offshore corporation or an offshore LLC are identical the law considers them equals. There is one basic reason to choose one over the other. An active business...
by Fulton Abraham Sanchez, CPA · Published February 1, 2019 · Last modified May 16, 2019
Carrying a federal tax liability is perilous at best. You cannot have a worse creditor chasing you. The IRS is free from the constraints that hamper creditors like your credit card supplier; they do...
The Tax Cuts and Jobs Act (TCJA), also known as the Trump Tax Reform, made widespread changes to the Internal Revenue Code which will affect your 2018 tax return. Here are some of the...
