Many of today’s high-tax-bracket San Franciscans didn’t begin that way. Those raised in the 1970s and 1980’s learned about the path to success by playing simple board games like Monopoly or Payday.
This is where challenges include managing purchases, trades, bills, taxes, and fines. It was fun too. If you’re not aware, board games are making a comeback with Generation Z. Not only are the kids playing new financial games like Cash Flow, but they are trying out the classics, too. And they are learning about world-building focused games like Catalan.
Our team of San Francisco CPAs understands managing taxes and global finances in the real world is serious business, but early exposure to handling assets via a game makes it less of a mystery. Because someone who comes to us for international tax services who understands foundational finances arrives ready to engage. Even when they understand very little, they know winners are always willing to learn and try out new strategies.
Games are Fun, but High-Income Tax Problems are Not Funny
Many games let players do things they’d never try in real life. It’s why video gaming is so popular. You can be a vigilante cowboy, or an other-worldly mercenary. Some games based on taxes are just as unreal. Like Turnip Boy Commits Tax Evasion. It’s a cute little turnip doing terrible things with their taxes. It seems the more bizarre a game is, the more gamers are interested in it.
The truth is anyone who treats their international taxes like a game will suffer the consequences. High-income professionals with assets and investments in the United States, Canada, Europe, or the Middle East can’t rely on guesswork. They need a professional who can provide international tax services resulting in a successful strategy. When searching for a San Francisco CPA for a multi-state or multi-country tax filing, these are a few things to look for.
- A CPA who is knowledgeable in tax law in various states and countries.
- An accounting professional who remains up-to-date on individual and business tax policies impacting monthly and annual filings.
- A CPA who regularly reviews your high-net-worth assets and new financial developments to prepare for the next filing.
- An expert financial consultant who can coordinate the complex combination of global filings and cross-border taxes.
Managing taxes isn’t a game to us, but we do love a good challenge. We can map out a plan to achieve the best possible outcome for international tax filings in San Francisco!
