Foreword to United States Tax Laws

United,States,Of,America,Flag,Fabric,On,Plain,Dark,Background

Foreword to United States Tax Laws

United States Tax Laws – A Perspective for Foreign Companies and Individuals Doing Business or Living in the United States

Greenstein, Rogoff, Olsen & Co. is a respected and well-recognized leader among the San Francisco Bay Area accounting firms by providing distinctive high quality tax and accounting consulting services. Our professionals are experienced in assisting many foreign companies and individuals with optimizing their worldwide tax savings through proper planning.

This document is intended for those interested in residing, investing and/or doing business in the United States. The United States tax laws are very complex and often change and the U.S. government acts strongly against violation of tax rules. This document is current as of June 2000. The material covers areas of the U.S. tax law that many Foreign companies and individuals coming to the United States may encounter. It cannot and does not cover exhaustively the subjects it discusses but is intended to answer some of the important broad questions that may arise. When specific problems occur in practice, it is often necessary to refer to laws, regulations, and court decisions to develop appropriate accounting and any needed legal advice.

The executive summaries highlight tax areas that many foreign companies and individuals encounter. China and the U.S. have an income tax treaty in force. The tax treaty provides tax advantages to many companies and individuals through reduced withholding rates and elimination of tax on certain items. We suggest that you consult with one of our representatives to obtain the most current developments and refinements of the U.S. tax laws and treaty benefits available if you plan on coming to the U.S. to reside, invest or do business in the near future. It is important to review tax planning strategies prior to establishing U.S. residency, making an investment or acquiring U.S. business operations, because many tax advantages are lost once events take place.

To receive our free newsletter, contact us here.

Subscribe to our YouTube Channel for more interviews and updates.

This transcript was generated by software and may not accurately reflect exactly what was said.

Alan Olsen, CPA

Alan Olsen, is the Host of the American Dreams Show and the Managing Partner of GROCO.com.  GROCO is a premier family office and tax advisory firm located in the San Francisco Bay area serving clients all over the world.

Alan L. Olsen, CPA, Wikipedia Bio

 

 

GROCO.com is a proud sponsor of The American Dreams Show.

 

American-Dreams-Show-Accounting-firm-in-ca-cpa-tax-advisors-groco-alan-olsen

The American Dreams show was the brainchild of Alan Olsen, CPA, MBA. It was originally created to fill a specific need; often inexperienced entrepreneurs lacked basic information about raising capital and how to successfully start a business.

Alan sincerely wanted to respond to the many requests from aspiring entrepreneurs asking for the information and introductions they needed. But he had to find a way to help in which his venture capital clients and friends would not mind.

The American Dreams show became the solution, first as a radio show and now with YouTube videos as well. Always respectful of interview guest’s time, he’s able to give access to individuals information and inspiration previously inaccessible to the first-time entrepreneurs who need it most.

They can listen to venture capitalists and successful business people explain first-hand, how they got to where they are, how to start a company, how to overcome challenges, how they see the future evolving, opportunities, work-life balance and so much more.

American Dreams discusses many topics from some of the world’s most successful individuals about their secrets to life’s success. Topics from guest have included:

Creating purpose in life / Building a foundation for their life / Solving problems / Finding fulfillment through philanthropy and service / Becoming self-reliant / Enhancing effective leadership / Balancing family and work…

Untitled_Artwork copy 4

MyPaths.com (Also sponsored by GROCO) provides free access to content and world-class entrepreneurs, influencers and thought leaders’ personal success stories. To help you find your path in life to true, sustainable success & happiness.  I’s mission statement:

In an increasingly complex and difficult world, we hope to help you find your personal path in life and build a strong foundation by learning how others found success and happiness. True and sustainable success and happiness are different for each one of us but possible, often despite significant challenges.

Our mission at MyPaths.com is to provide resources and firsthand accounts of how others found their paths in life, so you can do the same.

Posted in

Obama Looking to Stick the Wealthy With Even More Taxes

His second term in office is winding down, but President Obama would still like to raise taxes on high net worth individuals before he checks out of the White House at the beginning of next year. Although the president has already taken several measures to raise the effective tax rate on the wealthy, he is…

7 Leadership Traits

Which Tax Breaks Help High Net Worth Taxpayers the Most?

It’s no secret that the United States government generally taxes high net worth individuals at a much higher clip than those in the lower- and middle-income brackets. However, despite that fact, there are still many provisions in the tax system, if used properly, can help wealthy earners save on their taxes. So what are some…

Tax Preparers Get Busted for Fraudulent Practices

Every tax season is full of stories and tales of people who go to great lengths to avoid paying taxes. In addition there are dozens of reports of unscrupulous tax preparers that get caught trying to cheat the system: either their clients or the IRS, or both. We want to share a few of those…

Entrepreneur Think Deductions, Deductions, Deductions!

Are you an entrepreneur looking for a tax break? Entrepreneurs have a lot on their plate, including living with the financial risk of their entrepreneurial efforts. That’s why it’s so important for any entrepreneur to be aware of any and all deductions come tax time. There are dozens of deductions to be had, but the…