EP050: Qualified Accountants and Financial Professionals Are Essential
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Description
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 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.   Key Takeaways: [1:07] The FBAR is how you report your foreign bank account to the IRS. [3:41] A client of Morey's had to sell their foreign assets to pay a penalty from the IRS. [5:00] Get an estimate of what your future taxes could be with a free 3-year tax review from Glazer Financial. [7:12] Unreimbursed business expenses can signal an automatic audit. [9:05] Protecting clients is the main goal of Morey and his team at Glazer Financial. [11:02] What's new in taxes for 2017? [14:16] You need to plan ahead so you don't end up paying penalties. [15:18] Don't lose your passport for not paying your taxes. [17:23] Make sure you are familiar with the person doing your taxes.   Mentioned in This Episode: Glazer Financial Network Email Macarena: [email protected] Tuesdays with Morey on Facebook Expat Tax Expert Email Glazer Financial: [email protected] 469-358-2818 972-385-0007 MacarenaRose.com Rainforest Realty
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