June 2, 2020 – San Francisco, California. Safe Harbor CPAs, a team of best-in-class accountants in San Francisco with deep expertise in international tax preparation, is proud to announce a new post on expatriate tax preparation issues amidst the uncertainty of the Coronavirus pandemic.
As both Canada and the United States reopen their economies, persons with expat tax return preparation issues are cautioned to consult an accounting firm with expertise in these increasingly complicated issues.
“Our accounting firm has always been known as one of the best firms in San Francisco for expat (“expatriate”) tax return preparation and international tax issues generally,” explained Chun Wong, Managing Partner at Safe Harbor LLP. “That said, the Pandemic has created a new atmosphere of both crisis and opportunity. Many businesses and individuals have been negatively impacted, but new government programs exist in the United States and in Canada that may mitigate the damage if one knows where to look.”
Persons who would like to read the new post can visit https://www.safeharborcpa.com/coronavirus-has-resulted-in-tax-changes-but-those-for-expats-are-more-complicated/. Those who have international tax issues are encouraged to visit the international tax information page at https://www.safeharborcpa.com/international-tax/. Persons who have expat tax return preparation issues can also visit the information page on that issue. In both cases, persons are advised that no two situations are alike. International tax issues thus complicated both the issues of fact (income and assets) and tax regulations. Only a consultation with a tax advisor who is trained in international tax issues can be the first step towards legally minimizing one’s tax burden.
INTERNATIONAL TAX ISSUES IN A NEW ENVIRONMENT
Here is the background for this release. The Bay Area was already known for having a high percentage of persons who had exposure to multinational tax issues. Commonly, many Canadians come to the Bay Area to seek their fortune by working at startups or new, entrepreneurial companies. They then face tax issues both in their home country and in the United States. For these reasons, they often seek out accountants who have deep experience in international tax issues. Indeed, the current Coronavirus Pandemic makes it even more imperative as both the United States and Canada (as well as states such as California, Texas, and New York) have created new loan and tax relief opportunities. Interested persons are urged to not only read the new post but to reach out to a Bay Area tax service that offers expertise in international taxation.
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 help 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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