San Francisco, California – September 30, 2019. Safe Harbor LLP, a best-in-class CPA firm in San Francisco focused on international tax issues, is proud to announce a new post on expatriate (expat) tax preparation for Bay Area and California residents. Due to its vibrant economy and heavy international focus, San Francisco is home to many residents who have dual tax exposure: both in the United States and in their home country, often Canada, the United Kingdom, China, or other major trading partners. The new post focuses on the needs of persons seeking expat tax return preparation from an internationally focused accounting firm.
“People have complicated taxes if they just live in one country, and when they have dual country exposure, things get complicated fast,” explained Chun Wong, Managing Partner at Safe Harbor LLP. “Our new post, and indeed our entire raison d’être, is to help people with complicated international tax exposure to get their taxes prepared quickly and efficiently.”
Persons interested in reading the post in its entirety can visit https://www.safeharborcpa.com/as-an-expat-your-taxes-can-be-a-lot-more-complicated-than-if-you-are-a-us-resident/. There, they can also click up to the informational page on expat tax preparation, or contact the firm for a no obligation consultation. Those with dual tax issues, however, are urged to reach out as soon as possible since as we begin to get into the fourth quarter tax season.
In all situations, interested parties are urged to reach out to the accounting firm for a consultation. No two situations are the same, and the point of expat tax return preparation is to pay attention to the details and work with a foreign-based CPA or accountant so as to coordinate tax strategy in two or more countries.
PLANNING TO SUCCEED AT EXPAT TAX RETURN PREPARATION IN CALIFORNIA
Here is background on this release. The economy in San Francisco, in particular, and the Bay Area, in general, continues to boom. That, in combination with changes in the tax code, mean that more and more people are facing an increasing local, state, and federal tax burden. This unfortunate reality is even more true for persons who have dual residency issues. A Canadian citizen who works in San Francisco, for example, may face tax requirements not just in the United States but also in Canada. And a person who is a Canadian citizen, but owns property in Britain, and works for a start up in Menlo Park, may face tax implications in three countries. Things get complicated fast, and so people search for an accounting firm that focuses on international tax issues. Some of those firms, however, focus exclusively on corporate issues; Safe Harbor is unique in that it also focuses on individual tax return preparation. For these reasons, the firm is announcing a new post on the issues surrounding international or expatriate tax return preparation.
ABOUT SAFE HARBOR LLP – A PROFESSIONAL CPA FIRM IN SAN FRANCISCO
Safe Harbor LLP is a CPA firm that specializes in accounting and tax services for individuals and businesses throughout the San Francisco Bay Area and greater California. Safe Harbor CPAs helps both individuals and businesses with tax preparation, IRS audit defense, and audited financial statements. The firm prides itself on friendly yet professional service and utilizes state-of-the-art Internet technology to provide quality customer service.
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