International businesses that want to do business in Atlanta Georgia face a mountain of issues. To make this process simpler, Delerme CPA is doing something about this. Delerme CPA has created a unique concept designed around making the process for helping international companies to smoothly and quickly establish a United States entity for doing business in […]
International Taxes - Expatriate Taxes
Foreign Bank Account Reporting – IRS Priority List
If you have a foreign bank account that has not been reported to the IRS, then you could be facing serious civil penalties and even criminal penalties. These penalties fall under the Foreign Bank Account Report, FBAR violations. To illustrate, the IRS Dirty Dozen tax scam list for 2016 clearly illustrates the emphasis placed upon […]
Why Foreign Bank Account Violations are Ultra Expensive
If you have a foreign bank account that has not been reported to the IRS, then you could be facing serious civil penalties and even criminal penalties. These penalties fall under the Foreign Bank Account Report, (FBAR) violations. First, it is important to determine if you are required to report your foreign bank account. It […]
Why Puerto Rico Still Attracts Billionaires Despite Debt
For many that are native to Puerto Rico, the island’s economy is forcing them off the island and onto the main land of the United States. Puerto Rico’s economy is in a death spiral and families are losing their homes and businesses, so why do the rich continue to flock there? The answer can be […]
Why the Corporate Inversions Loophole Needs Fixing
A corporate inversion, simply put, is a method corporations use to reduce their tax responsibilities. While this loophole may present a sound tax solution for the corporation in question, it has a direct impact on tax revenue collected by the United States government, as well as on competition between companies. A corporate inversion takes place […]
SBA Halts Loan Program for Businesses – Out of Funds
The U.S. Small Business Administration said it reached the $18.75 billion cap for its main loan guarantee program on Thursday, forcing it to halt the funding of new loans with more than two months left in the fiscal year. SBA spokesman Miguel Ayala said the capacity for fiscal 2015 was exceeded by stronger-than-anticipated demand for […]