Morey is back with Macarena to give you all of the up-to-date tax code information and changes. If your accountant doesn’t stay on top of things they could be doing you a disservice, which could eventually come back to haunt you by way of additional taxes and penalties. Any expat who hasn’t filed their taxes or who owns an offshore corporation is at risk. Call Morey or contact Macarena today.
Key Takeaways:
[1:10] More and more people who live outside of the U.S. believe they don’t have to file because they don’t make enough money.
[3:21] The government may try to impose a tax on foreign corporations or offshore assets.
[6:38] It is so important to have an accountant who is up-to-date on the changing tax laws.
[10:20] Glazer Financial started with 45 clients and has grown to over 4,000.
[12:47] As the U.S. needs more and more money, there will be a system created to catch up with everyone.
[14:05] How many people know what their taxes are for 2015, 2016 and what about 2017?
[16:14] Do you consider ALL of your deductions and donations at tax time?
Mentioned in This Episode:
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