In this episode, Morey warns us to be aware of the many changes to the U.S. tax code, which may be hidden in large bills passed by the House, such as the Highway Bill, or Obamacare. These massive, 2,200-page documents often affect people who have international interests or real estate. Many accountants are unable to stay current with the changes to the U.S. tax code, and it’s highly unlikely they stay current on international tax codes, as well. Morey and the employees of Glazer Financial, promise to keep up-to-date on all changes in the tax code, so they can help you plan for your financial future.
Key Takeaways:
[:57] Often, accountants and tax attorneys aren’t up-to-date with international tax laws.
[2:06] The recent highway bill changed many of the due dates for U.S. taxes.
[2:33] Obamacare ended up costing us all a lot of money.
[3:22] The employees of Glazer Financial keep up-to-date with all the current tax changes.
[4:05] Morey failed his advanced taxes exam, because he memorized the entire tax code.
[5:38] People who live on foreign soil, but maintain a residence in the U.S., could lose the Foreign Earned Income Credit.
[6:26] Planning for your future tax situation will help you to transition to your new country.
Mentioned in This Episode:
Email Macarena: macarenarose@gmail.com
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Email Glazer Financial: mglazer@glazerfinancial.com
