During this episode, Morey and Macarena stress the importance of having a reliable, professional, and knowledgeable team on your side. Buying international real estate and traversing a foreign country's tax code can be daunting. The right team you can give you peace of mind when making offshore decisions.   If you live offshore and don’t have a qualified team of professionals to help you plan your financial future to get the lifestyle you want, call Glazer Financial. Ask Morey for a free...

During this episode, Morey and Macarena talk about the importance of having an international real estate agent on your side when considering a move offshore and planning your tax strategy before you go. Together Macarena and Morey have helped clients find their dream homes without any surprises lurking around the corner.   If you live offshore and don’t have a qualified team of professionals to help you plan your financial future to get the lifestyle you want, call Glazer Financial. Ask...

During this episode, Morey and Macarena talk about the importance of having a good relationship with the IRS, especially if you have offshore investments or bank accounts. Doing business or making investments overseas can trip you up, if you don’t have the right financial planners working in your best interest. Be sure to err on the side of caution and properly vet the financial company in which you put your trust.   If you live offshore and don’t have a qualified team of professionals to...

Morey and Macarena dish up another exciting episode of Tax Tip Tuesday this week. Morey shares the necessary requirements for reporting your income and tax liabilities to the IRS, should you invest in overseas properties, and Macarena describes the benefits of having a person you can trust on your side.   If you live offshore and don’t have a qualified team of professionals to help you plan your financial future to get the lifestyle you want, call Glazer Financial. Ask Morey for a free...

Morey and Macarena warn expatriates of the dangers of people wanting to help you with your offshore business. Some people have a friendly face but bad intentions. Or, some just don’t know the U.S. tax code and will tell you what you want to hear just to get your hard earned cash. Key Takeaways: [:50] It’s important to stay in contact with your financial planner, especially with all the new changes to the health care changes. [3:24] Expatriates need to be aware of the IRS forms required to...

Morey and Macarena carve time out of their busy schedule to make sure you know how to keep up with your U.S. taxes when you move overseas, and what you are up against when you realize you haven’t filed in years. This week’s conversation details the deadline for filing the FBAR, how the rules change when the property you are buying is offshore, and recent tax changes. If you live offshore and don’t have a qualified team of professionals to help you plan your financial future to get the...

Many people don’t think ahead. They are putting their financial futures and the financial futures of their families at risk. During this episode, Morey stresses the importance of planning. He also shares his political views and says it doesn’t matter if you are a Republican or Democrat; the key is to work together to get stuff done. If you live offshore and don’t have a qualified team of professionals to help you plan your financial future to get the lifestyle you want, call Glazer...

Morey shares his thoughts on the possible tax cut for small businesses in the U.S. He says people should be excited about the extra cash they will have to make the lives of others better. In addition to the tax cuts, Morey would also like to see Obamacare repealed so his workers will be able to use their insurance again. If you live offshore and don’t have a qualified team of professionals to help you plan your financial future to get the lifestyle you want, call Glazer Financial. Or, if you...

Morey shares his thoughts on what Trump’s tax bill will mean for the economy in the United States. Morey believes more money in a worker’s pocket will eventually trickle down to charitable donations and an increase in consumer spending. He would also like to see the adoption process out of the hands of the government. If you live offshore, and are uncertain which tax forms you need to file, or when your taxes are due, call the professionals at Glazer Financial. Or, if you are looking for...

Morey and Macarena inspect the proposed tax changes for 2017. Morey believes changing the tax requirements associated with the Obamacare health care plan will benefit businesses and individuals the most. And, if you have been using the same tax preparer for many years, it may behoove you to ask them about their compliancy status, and how they keep up on current tax changes which could affect you and your family. If you live offshore, and are uncertain which tax forms you need to file, or...

Morey shares an example of a client who had already had his taxes prepared by an accountant, and then came to Glazer Financial. Morey and his group of Senior Accountants were able to identify many missed deductibles and inconsistencies on the client’s return. If you live offshore, and are uncertain which tax forms you need to file, or when your taxes are due, call the professionals at Glazer Financial. Or, if you are looking for real estate in Belize, call Macarena Rose, at Rainforest...

Morey and Macarena are back this week with information about the current tax reform in the U.S. The tax cuts are designed to get unemployment numbers down, and more people working. Morey describes the tax bill and the healthcare bill as having close ties, which is causing the delay in Congress passing both. Morey also cautions business owners and the self-employed when increasing their business expense deductions. Remember, you increase the chance of an IRS audit when you increase your...

Morey and Macarena are back this week with information you cannot afford to ignore, especially if you have offshore assets. The Department of Treasury has access to foreign accounts, and it is the law all U.S. citizens file annual tax returns. Even if you don’t have an income, you are required to file. You may incur penalties, additional taxes, or even legal fees, if the IRS determines you have defrauded the system. If you live offshore, and are uncertain which tax forms you need to file, or...

Morey and Macarena stress the importance of having a quality financial professional on your side. Many tax preparers and accountants fail to notify clients of changes in due dates for tax forms, and they miss important deductions that can save you money! If you live offshore and are uncertain which tax forms you need to file, or when your taxes are due, call the professionals at Glazer Financial. Or, if you are looking for real estate in Belize, call Macarena Rose at Rainforest Realty.   ...

Morey shares crucial details about the changes in due dates for IRS forms 8938 and the FBAR. Expatriates with offshore bank accounts, corporations, or income are required to file forms which disclose international assets. Many banks in foreign countries are denying bank accounts to U.S. citizens because of the reporting required by the U.S. Government. Have you been affected by recent changes? Find out by contacting Glazer Financial.   Key Takeaways: [1:09] Many expatriates don’t believe...

In this episode, Morey and Macarena tell us why it is important to file an annual U.S. tax return, no matter which country you live or work in. Also, Morey shares information on the FBAR, the 5471 tax form, eligibility requirements for the Foreign Earned Income Exchange Credit, Insurance Wrappers, and international real estate. Make sure you have an educated, up-to-date, professional on your side when it comes to your money. Call Morey at Glazer Financial for more information.   Key...

In this episode, Morey tells us what he believes is happening in the current tax landscape. He believes middle-income families will take the brunt of the taxes while low-income and high-income families will get some tax relief. Where will that leave you and your retirement plans? If you have been with Glazer Financial for some time, you will be prepared to weather any storm, even if it is in Belize.   Key Takeaways: [:53] Rental properties in Belize can increase retirement income. [3:35]...

In this episode, Morey talks about the big changes coming down the pike in both tax deadlines and health care coverages. Morey lists the myriad ways Glazer Financial can help individuals and businesses plan to keep costs and taxes down in 2017. Morey’s organization is capable, and prepared to help you with your complicated, international tax requirements.   Key Takeaways: [:53] New tax changes happen often, so you need a professional who keeps current. [2:15] When Obamacare is replaced,...

In this episode, hosts Morey and Macarena discuss the importance of organizing your tax documents, and figuring out which deadline your taxes are due on. Morey shares an example of how he saved a client $200,000 in taxes, simply by rewriting a contract. Only experienced financial planners are able to see through the tax code and get to the possibilities. Take the advice of the Tuesdays with Morey Tax Team and start your planning today!   Key Takeaways: [1:07] Getting your tax documents...

In this episode, Morey and Macarena share important end-of-the-year tax tips. Morey recommends buying as many business supplies as possible before the end of 2016, to get the maximum depreciation benefits. And, he suggests that even if you have a CPA doing your taxes, you need to make sure they keep your taxes up-to-date, including all of your foreign accounts. Because bad advice from an uneducated accountant, can cost you thousands in penalties.   Key Takeaways: [1:04] Planning for the...

In this episode, Morey and Macarena share important end-of-the-year tax tips for expatriates and soon-to-be expatriates. There is also important year-end tax advice for small business owners, regarding the purchase of office equipment and supplies. Get important tax strategies from experienced lifestyle planners.   Key Takeaways: [:51] Many important financial decisions need to be made before December 31, 2016. [2:04] No one knows what tax changes will take place under the Trump...

In this episode, Morey and Macarena share with their listeners the most important questions to ask before picking up and moving offshore. Most people wait until after they have sold everything in the U.S., and are sitting on the beach in a foreign country, to consider the tax implications of their move. Morey Glazer has been doing foreign taxes for 50 years and, is an expert in Belizean tax laws, with over 10 years’ experience.   Key Takeaways: [:59] Important questions to consider if you...

In this episode, Morey and Macarena discuss using international real estate rental income as a deduction on your U.S. taxes. There are many ways your portfolio can be enhanced with international properties, but you need to make sure you do it correctly from the beginning. Contact Glazer Financial to find out how you can make the most of your retirement money!   Key Takeaways: [:54] Planning is important when buying international real estate, even rental property. [1:31] If your annual...

In this episode, Morey and Macarena attempt to warn listeners of the potential pitfalls of dealing with professionals who don’t stay up to date on current tax laws. If you are thinking about moving offshore, you must plan to plan. There are so many different aspects to living in a foreign country, and chances are, the company who is selling real estate at a conference, won’t tell you all of what you need to know. Contact Glazer Financial before you make the big move!   Key Takeaways: [:49]...

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,...