Need Tax Help for Your Multinational Business?
If you run an international or multinational business, whether it’s based in the United States or abroad, then you know the different intricacies that this situation can involve. Not only do you have to consider all the business and tax laws for the country in which you are based, but you also have to be attentive to all those same things in the other countries in which you operate.
At Greenstein Rogoff Olsen and Co LLP, we understand the different risks and challenges that you are faced with and we have more than 15 years of experience dealing with international and multinational companies. In fact, GROCO is a member of the MSI Global Alliance, which is a Top 20 ranked, leading international association of independent professional firms.
GROCO also has legal and accounting partners in virtually every foreign market. That means we can help you lower your effective tax rate worldwide. These are a just a few of the issues we can help you with.
- Selecting the right holding company
- VAT and GST considerations
- US compliance
- Cross-boarders mergers and acquisitions
- Expanding outside or into the U.S.
To learn more about our international and multinational tax services click here. You can also contact us at 1-877-CPA-2006, or by clicking here.
2010 Tax Relief Act creates a 100% writeoff for heavy SUVs used entirely for business: HISTORY REPEATS ITSELF
[vc_row][vc_column][vc_column_text]OLD RULE: A calendar year taxpayer bought a $50,000 heavy SUV in June of 2010 and used it 100% for business in 2010. It may write off $40,000 of the cost of the vehicle on its 2010 return, as follows: … $25,000 expensing deduction (Sec. 179(b)(6) Limit, see below under “History”), plus … $12,500 of…
Tax-wise Gifts for Loved Ones
Tax-wise Gifts for Loved Ones One of the great joys of parenting (or grand parenting) is watching your youngsters reach milestones, large and small. Nurturing these loved ones. Offering them the emotional and financial support that they need in order to thrive. From an estate planning perspective, making gifts is an excellent way to accomplish…
10 Things Every Taxpayer Needs to Know About the Pension Law
10 Things Every Taxpayer Needs to Know About the Pension Law The Pension Protection Act, signed into law on August 17, 2006, is designed to address the nation-wide problem of under-funded pension plans. The law penalizes noncompliant companies and encourages employee contributions, but many of the changes directly impact taxpayers of all ages, regardless of…
Planning for Retirement
Planning for Retirement Unfortunately, Social Security’s assets are being rapidly consumed and the number of workers supporting it is shrinking. For us, this means we will have to rely heavily on our personal savings when the time for retirement finally comes. While there are a number of options to help each of us create a…