Achieving Financial Success with SMART Goals: A Guide by SA Finance & Accounting

Crafting and Realizing Financial Resolutions As we approach the New Year, many in Orlando, Florida, are setting financial resolutions. The challenge isn’t just in setting these goals, but in seeing them through to fruition. With SMART goal-setting and expert financial planning from SA Finance & Accounting, you can turn these financial aspirations into solid achievements.… Continuar lendo Achieving Financial Success with SMART Goals: A Guide by SA Finance & Accounting

New Year, New Financial Horizons: Mastering Your Goals with SA Finance & Accounting

New Year, New Financial Horizons: Mastering Your Goals with SA Finance & Accounting Welcome to 2024: Time to Reset Your Financial Compass  As the fireworks dim over the Orlando skyline, marking the start of a new year, it’s the perfect moment for residents to recalibrate their financial strategies. Whether you’re a budding entrepreneur, a seasoned… Continuar lendo New Year, New Financial Horizons: Mastering Your Goals with SA Finance & Accounting

Effective Tax Planning Strategies in the U.S. with SA Finance & Accounting

Maximizing Returns: Effective Tax Planning Strategies in the U.S. with SA Finance & Accounting Navigating the Tax Seas  In the complex world of U.S. taxation, effective planning is key to maximizing returns and minimizing liabilities. Whether you’re an individual taxpayer or a business owner in Orlando, Florida, understanding and implementing strategic tax planning can significantly… Continuar lendo Effective Tax Planning Strategies in the U.S. with SA Finance & Accounting

Achieving Financial Success with SMART Goals

Achieving Financial Success with SMART Goals: A Guide by SA Finance & Accounting Crafting and Realizing Financial Resolutions As we approach the New Year, many in Orlando, Florida, are setting financial resolutions. The challenge isn’t just in setting these goals, but in seeing them through to fruition. With SMART goal-setting and expert financial planning from… Continuar lendo Achieving Financial Success with SMART Goals

Tax Treatment of Liquidations of Partnership Interests

The liquidation of a partner’s entire partnership interest can take various forms, including payment made by the partnership to the retiring partner in complete redemption of the partner’s interest or a sale of such interest to the remaining partners. In both circumstances, the retiring partner receives cash or property in exchange for his partnership interest… Continuar lendo Tax Treatment of Liquidations of Partnership Interests

FBAR: Requirements, Deadlines, and how to file

While filing US tax returns Americans living abroador those with investments and accounts outside the US have additional obligations and requirements such as the Foreign Bank Account Report (FBAR) which tend to often be forgotten. Failing to file the FBAR can draw the attention of the IRS and lead to harsh penalties. To ensure you stay compliant (and off the IRS’s radar!), we… Continuar lendo FBAR: Requirements, Deadlines, and how to file

Pros and Cons of Operating under a Delaware LLC

When establishing a new business, the initial decision process can make us overwhelmed when it comes down to the proper foundation for a successful future. A few of these decisions might include; when and where in the US show I incorporate? Which taxation structure is best for us? Which entity aligns best with your business… Continuar lendo Pros and Cons of Operating under a Delaware LLC

IRS PENALTIES & FORGIVENESS 

Where you aware that the IRS has over 148 different penalty types they can apply to your account?  And on top of that, the IRS will also apply interest and additional penalties on the original penalty. Luckily, the IRS offer a few options on having these penalties reduced or even eliminated. In a generalized manner,… Continuar lendo IRS PENALTIES & FORGIVENESS 

Establishing an LLC in the US Step by Step

Deciding to establish a Limited Liability Company (LLC) is an exciting time and there are so many possibilities and options available. The main reason small business owners decide to set up an LLC is due to the liability protection it provides. An LLC exists separately from its owners (known as members), and the owners are… Continuar lendo Establishing an LLC in the US Step by Step

Types of Business Entities/Structures

What is a corporation? What is a limited liability company? What is a partnership? What is a general partnership? What is a limited partnership? What is a sole proprietorship? CONCEPT, SIMILARITIES AND ADVANTAGES CONCEPT A US Limited Liability Company LLC is a hybrid business entity which allows a person or persons to operate their business… Continuar lendo Types of Business Entities/Structures