Would you
spend 100 hours to prepare a tax return for $500?
|
Do you have a few
clients with an offshore trust, foreign corporation, foreign mutual
fund or an international business company?
If
so, how do you feel about spending hundreds of hours learning to fill
out a tax return when you only have one or two clients who
need to submit that kind of return?
Sometimes, Less is More
It takes a lot
of time to
learn how to correctly prepare a tax return for a foreign trust,
foreign corporation, passive foreign investment company or foreign
partnership.
There
is no way your clients will agree to pay you for all the time it will
take you to learn how to fill out these returns. And, most of the tax
preparation software does not include the tax forms required for
foreign trusts, corporations, mutual funds or partnerships. You will
have to prepare them the old fashioned way, by hand with a calculator.
Do you
want to be the one who eats the cost of that time?
Worse
yet, do you want to risk a lawsuit because you aren't familiar with the
ambiguous and sometimes contradictory rules for foreign investments or
entities owned by U.S. taxpayers?
What's the best solution for you if you
have clients with offshore investments, trusts, corporations or
partnerships?
Call
Us 800.659.6546 (US)
++ 831.438.1500
You can sub-contract your
offshore returns
to the member firms of the International
Tax Compliance
Group.
If your client asks us to do any of your domestic tax work, the answer
will be that we focus on international tax compliance services. We do
not want your domestic business and we are not a threat to your
relationship with your clients.
Members of the International Tax Compliance Group will work with you
and your client to prepare the returns that may be required for clients
who have foreign trusts, foreign investments or foreign business
interests. If amended returns are required, we will prepare the
required forms and you can then prepare the 1040X or 1120X.
The big international accounting firms don't want the small businesses
and individual clients with whom we work because these clients don't
represent large enough annual billings for the large firms. The small
and medium size firms don't have enough international tax preparation
work to invest the time and money to become competent in this field.
Our members are available to fill that gap and to save you a lot of
lost time -- which means lost billings.
Sometimes less is more because of the
benefits of specialization. You get paid for what you already know and
do well. We get paid for our specialized experience in a specialized
segment of the tax law working as a resource for you.
The International Tax Compliance Group, LLC
Contact Liz Flores (831)
438-1500
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A Few of the International Tax Forms We Prepare
- Foreign Trust Form
3520-A
- Foreign Trust Form 3520
- Foreign Corporation
Form 5471
- Foreign Corporation
Form 926
- Foreign Partnership
Form 8865
- Disregarded Entity Form
8858
Conferences
and Seminars
|
Benefits of working with
members of the
|
- You hire us
to help you and you control the relationship with your clients
- You won't
waste time trying to learn the nuances of the international tax rules
- You won't
have to buy new software and spend the time to learn to use it
- You won't
have to spend additional thousands of dollars each year for specialized
tax information services
- You won't
be subject to liability claims for errors resulting from the ambiguous
rules for foreign entities and investments
|
Free email Newsletter
JacobsReport
Free Answers to
Your
Questions
about International Financial and Tax Planning
Members of the International Tax Compliance
Group, LLC
J. Ben Vernazza, CPA,
PFS
Vernon
K. Jacobs, CPA, CLU
Neil A.J. Sullivan, CPA
Liz Flores, CPA, PFS, AIFA
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