Mortgages in the USA

Mortgages are available for the purchase of property, either as an investment or as your primary residence in the country.

The South Florida property market is currently offering the unique opportunity to withdraw money from your property through refinancing which makes funds available to invest in another investment property from the proceeds of the refinancing transaction.

With interest rates at their lowest level in many years relative to the percentage yield from rentals, it makes sense to consider the financial opportunities that it opens up for astute investors.

Furthermore, surprising as it may sound, it is easier for a foreigner to obtain financing for the purchase of investment properties than residents.

Both banks and private investors are offering excellent interest rates to qualified buyers. The market has expanded, with a lot of money becoming available for property investment.

Often, it is necessary to obtain finance quickly for a variety of reasons. We are in contact with private investors who are prepared to provide funding more quickly than traditional banks, with fewer requirements. Though these types of loans carry a slightly higher interest rate, if the return you can achieve from purchasing an additional rental property exceeds the cost of funding the purchase, then it’s a win for you.

This is especially true for commercial loans where the banks will normally take 6-8 months to approve a loan to a foreigner. This is far too long for a seller to wait for their money when it is possible to find a local purchaser who can find a loan much more quickly.

To allow you to compete effectively in the market, your ability to secure finance quickly through private lending will allow you to purchase properties that would otherwise not be available to you.

Introducing Taxleaf

Moses Nea, CEO of TaxLeaf, Contador Miami, and the founder of Contador America is passionate about helping foreign investors and entrepreneurs find loans and financing for their business, investments, and personal requirements.

As there are many complexities when purchasing an investment property, it is imperative that you have a professional company helping and guiding you each step of the way.

Here’s what one of our successful business owners has to say about the service and support they receive from being partnered with Taxleaf:

Cesar Buenavista, Doral, Fl

“I am an Account Manager with TaxLeaf and have been working with clients for more than 6 years. The technology they provide is incredible. I have access to everything from my phone if I need it. They are very professional and provide excellent support for me and my employees.”

To help you learn more about how Taxleaf can assist you with raising mortgages and other forms of business finance, stop what you’re doing right now and call us now to secure a FREE 30-Minute Consultation with one of our business experts, where we can explain how you can secure the right insurance policy in the USA.

888-Y-TAXLEAF

Life Insurance for Foreigners

Most people don’t know that foreigners can obtain life insurance in the USA

There are many different types of life insurance policies that foreigners can take out in the USA which is very helpful as many foreigners are scared of taking out policies in their own countries.

A lot of foreign clients approach us to discuss various types of insurance as they do not trust the insurance companies in their countries. They have either personally had bad experiences with companies suddenly closing down or just no longer honoring their policies or they know of other people in their country who have had similar experiences.

The result is that policyholders lose all the money that they have paid over to the insurance companies and are left with no life cover or investments and have nothing to show for all the premiums that they have paid over the years.

This does not happen in the USA as the legal system is stronger than in other countries. The insurance industry is governed by more laws and regulations than in other countries. Insurance companies are also much more secure financially both locally and in terms of their worldwide assets and investments.

Due to the many rules and regulations, American insurance companies must conduct their business in a very conservative manner. They manage the risk across many different industries and have many years of experience to help guide them in their decisions.

There are guarantees in place to ensure that policies are paid out no matter what happens. This is especially important if the insurance payments are related to monthly retirement annuities.

Many clients also want to make sure that their children and families have enough money when they die and inheritance tax is not overly burdensome.

Clients also wish to secure their investments in the USA if they feel their country’s economy is weak.

Introducing Taxleaf

Moses Nae, CEO of TaxLeaf and Contador America, is passionate about helping foreign investors and entrepreneurs find the ideal insurance policy for their business, investments, and personal requirements.

Each client is unique, with a range of personal and business circumstances that require careful consideration before selecting the most appropriate insurance products or services.

Here’s what one of our successful business owners has to say about the service and support they receive from being partnered with Taxleaf:

Cesar Buenavista, Doral, Fl

“I am an Account Manager with TaxLeaf and have been working with clients for more than 6 years. The technology they provide is incredible. I have access to everything from my phone if I need it. They are very professional and provide excellent support for me and my employees.”

To help you learn more about how Taxleaf can assist you with your life insurance needs, stop what you’re doing right now and call us now to secure a FREE 30-Minute Consultation with one of our business experts, that will help you secure the right insurance policy in the USA.

888-Y-TAXLEAF

Cryptocurrencies and Investors – Tax and Business Services

ATTENTION! Save $1000’s on Your Taxes

The One Secret the IRS Doesn’t Want you to Know That Could Save You 17% on Your Cryptocurrency Taxes

We all know that investing in cryptocurrencies can be a profitable strategy, but how many of you know the ins and outs of tax law governing investment taxes?

Or even, what to put on your FORM 1040?

What about your Schedule A and Schedule D deductions?

If that sounds a bit confusing, then the information below is vital for your financial wellbeing.

What you’ll learn today can potentially save you thousands in taxes and also help you to avoid any possible penalties or fines that await the unwary investor who doesn’t do their homework or fails to heed their tax professional’s advice.

So, let’s get started…

What You’re Going to Discover In This Article:

  • What are cryptocurrencies?
  • How to invest in cryptocurrencies?
  • How much to invest in cryptocurrencies?
  • Why cryptocurrency investing is risky.
  • When will you profit from trading cryptocurrencies?
  • How to mine cryptocurrency.
  • What costs are involved in investing in cryptocurrency?
  • The two types of wallets you will need to keep your investment safe.
  • How the IRS treats cryptocurrency profits and losses.
  • The pitfalls of buying products and services with cryptocurrency.
  • Calculating your liability for potential capital gains tax and sales tax.
  • Costs, expenses, and capital allowances you can legally use to reduce your tax liability.
  • How Taxleaf can assist you in safely investing in cryptocurrencies.

What are Cryptocurrencies?

Cryptocurrencies are a form of digital cash. Unlike traditional currencies or “fiat” currencies, cryptocurrencies are not backed by governments, nor are they regulated by governments.

Currencies like Bitcoin, Ethereum, Litecoin, and many others are digital tokens or “coins” that exist in a digital ledger referred to as the blockchain.

You can either buy or sell cryptocurrencies using regular cash via an exchange or you can mine cryptocurrencies and receive coins as a reward for solving complex algorithms that are used to verify transactions on the blockchain.

How to Invest in Cryptocurrency

Due to the cryptocurrency industry’s somewhat exotic status, you need to jump through a few hoops to invest, as your local bank or brokerage house is unlikely to have the facilities to process your trades.

But before you jump into trading, a few ground rules need to be put in place first:

  1. As with all high-risk investments, never invest more than 5-10% of your total portfolio in cryptocurrencies. Some advisors would even reduce this to 1-2% maximum of your available investment funds.
  2. Cryptocurrencies do not pay dividends. In this, they are very much like precious metals like gold and silver or other commodities such as oil. You will only profit if there is a significant price increase or if you day-trade the swings in price movements. Buy and hold is a great strategy if the prices increase but you will not receive any income from your investment while you’re waiting for your big payday.
  3. Cryptocurrencies are mediums of exchange. They are not designed as investment vehicles. That means that if interest in your investment currency drops off and fewer and fewer people use it, you could be left with a worthless heap of electrons at the end of the day. Don’t invest what you can’t afford to lose and don’t borrow money to invest in cryptocurrencies.
  4. You can purchase a mining rig and mine cryptocurrencies at home or you can rent space in a server farm and have a professional team look after your equipment for you. The upfront cost of a rig is not cheap, neither is electricity nor is air conditioning to keep everything from melting. The upside is that your cost of mining is a tax-deductible expense.
  5. There are costs involved in trading in cryptocurrencies. These costs are set by the trading platform you choose to use. The larger exchanges offer a secure way to buy and sell cryptocurrencies for a cut of the value of the trade. There are also small fees levied on the cost of verifying your trade.
  6. You will need a wallet. A wallet is a secure digital device to store your cryptocurrency as it is not a good idea to leave balances lying around in your trading accounts. You can use a hardware wallet or a software wallet, depending on your needs and the level of sophistication required.

How the IRS Treats Cryptocurrencies

The IRS regards cryptocurrencies as capital assets and taxes profits at the date they are sold. You can compare this to the tax on traditional investments like stocks or funds.

Capital Gains Tax

However, the rules regarding the timing of your profits or losses come into play when you sell your crypto investments.

An understanding of these rules is crucial to ensure that you are taxed at lower rates. Short-term capital gains rates for investments held for less than 12 months are much higher than the long-term rates.

The far lower rates that apply to long-term gains (greater than 12 months) can translate into a difference which can be as much as 17%, at the higher end of the income tax brackets.

Sales Tax

If you use your cryptocurrency to pay for goods or services, then you become liable for sales tax.

Further Tax Complications

What’s more, you will need to calculate whether or not you have made a profit or loss on the date of the transaction and make a calculation concerning the capital gain or loss you may have incurred.

This means you are potentially liable for both sales tax and capital gains tax on a purchase transaction.

If you trade regularly, you will need a system to record and keep track of the income and expenses related to your trading activities as well as any purchases of goods or services.

Even More Tax Complications

If you also have investments in mining equipment and have tokens that you received from your mining activities, you will be taxed on those tokens as if they were your regular income.

This means you have to calculate what the tokens are worth on the day you earned them and then calculate all your expenses related to mining those tokens, including any capital allowances such as wear and tear to which you may be entitled.

As trusted advisors and tax consultants to businesses and individuals for over 50 years, Taxleaf provides payroll, bookkeeping, and accounting services and is uniquely placed to assist you with the tax complexities associated with your cryptocurrency taxes.

For more information about this matter, please visit our Landing Page on Cryptocurrency

Alternatively, call us to secure your 30 minutes FREE-CONSULTATION with a Qualified Tax Advisor!

888-Y-TAXLEAF

Which Type of Company Do You Want to Form?

There are many decisions you need to make when deciding on which type of company you wish to form.

An important consideration is whether you can obtain the necessary visas to present yourself in the United States to open a bank account.

A further consideration is the name you choose for your company. As there are restrictions on what you name your company, it is important that the firm handling the registration is competent and can advise on what is allowed.

For a variety of reasons, you should also check whether your company name is available as a domain name, especially if you plan to trade in the future.

Here are a few more questions you should consider:

  • Do you want an LLC or is a C-Corp or an S-Corp better?
  • Should you open a separate bank account and, if so, which institution is best suited to your needs?
  • What is an EIN and how do you apply for one?
  • How long does business registration take?
  • How can you set up a local business address to receive mail?
  • What about a local telephone number and reception services?
  • What are your tax liabilities and what is the best way to structure your financial affairs to minimize them?
  • What about your bookkeeping and accounting requirements to ensure that you comply with city, county, state, and federal laws?

Any foreigner may form an LLC in the USA, and there is no requirement that the shareholders are residents or that they plan on becoming residents.

If the plan is to have a physical office or presence in a particular state, then an LLC should, for instance, be registered in that state to avoid the complication of registering as a foreign LLC and having to appoint registered agents in the state.

Further complications and costs are incurred if the state has additional taxes and fees that are levied on companies.

However, there are ways around this.

Should your business not require offices or staff, then the choice of the state is easier, as you can take advantage of certain states that do not levy taxes on LLCs and other business entities. You can then arrange your affairs in such a way that you are only liable for federal taxes.

Registering a Company in the USA is a Complex Process

Creating a new company in the USA can be a complex task, especially when you require a business bank account, local business address, tax registrations, and more.

That is when access to a professional firm of advisors can take the stress and worry out of the process and ensure that you comply with all the rules and regulations that are necessary to conduct business legally in the United States of America.

You Need an Experienced Advisor

Many questions need answers before embarking on the registration process.

For instance, do you wish to obtain a visa and run the business yourself or with an employee?

While non-citizens are allowed to be shareholders and directors, you will require a work-Visa to perform your duties as an officer of the company.

So, what are your best options?

Well, we believe that we have the answer to that question.

 

Introducing Taxleaf

Moses Nae, CEO of TaxLeaf and Contador America is passionate about helping foreign investors and entrepreneurs find the right tax and legal structures for their investments and business requirements.

Each client is unique, with a set of personal and business circumstances that require careful consideration to put together the best selection of products and services.

Here’s what one of our franchisees has to say about the service and support they receive from being partnered with Taxleaf:

Cesar Buenavista, Doral, Fl

“I am an Account Manager with TaxLeaf and have been working with clients for more than 6 years. The technology they provide is incredible. I have access to everything from my phone if I need it. They are very professional and provide excellent support for me and my employees.”

To help you learn more about how Taxleaf can assist you with your company registration and tax structuring, stop what you’re doing right now and call us now to secure a FREE 30-Minute Consultation with one of our business experts. We will explain how we can help you set up your business in the USA.

888-Y-TAXLEAF

Moses Nae is Keeping Tempo with the Rhythm of the Latina Community

Just ask and you may find that many Americans are not able to trace their ancestry roots any further than the last 100 years. But family trees are living and breathing and therefore, have roots that branch out in various directions. Many prefer to be forward-looking and seldom think about ancestors. Who wants to learn they have a great uncle who thinks he invented Jupiter?

Those who can remember when their families were transplanted to American soil think often about their lineage. Thanks to one or two brave souls, families immigrated to the U.S. and have discovered it is truly a pot of gold at the end of their rainbow.

As a cultural melting pot, the U.S. is home to many whose ancestors came from Europe or South America. But there’s one group of immigrants who are living the dream who came to America via a route from Turkey to Spain and finally settled in Cuba.

One such person is Moses Nae. I had the chance to interview him recently and believe you will find his story to be as inspirational as I did. At the age of 40, he has already reached numerous milestones in both his personal and professional life; he has passionately pursued multiple dreams for years. His father Jose Nae, came to the U.S.

in 1962 and first had to study English. Against all odds, his dad finished college and got an accounting degree. Moses followed his father’s footsteps to an extent but had a different vision. He believed his tax and accounting business could become a market leader, and better serve the working class and business communities. All he had to do was think outside of the box. He understood that most people yawn when they think about the accounting industry. After all, how exotic can numbers be? The business needed something jazzy – more modern. So, he created a plan to put his own twist on the family business. Moses came up with an innovative solution which would convert it into a high-tech digital app-based platform that would elevate their franchise system and provide higher revenue to each franchisee.

To expand his knowledge, Moses invested his time and energy into studying computer science at the University of Florida (yes, he’s a Gator 😊), and eventually earned his Masters in Business Administration. Lady luck was definitely on his side, as it was in the late 1990s and the internet was in its infancy. Leveraging his high-tech skills, Moses created the firm’s first website and began advertising online for local businesses. His primary target audience was the Latin community in Miami and South America.

Using his father’s original concept, he began creating strategies, protocols, and guidelines to help organize and run the business. If you think that was the end of his creativity you would be incorrect. The gears in Moses’ brain are always operating at the speed of light. He created a software to help each of the accountants under Tax Leaf’s umbrella improve their business operations and enhance service delivery to their growing client base.

All the while, Moses was weaving another dream: MUSIC. Moses primarily thinks of himself as a musician and composer – and then a successful businessman. He successfully launched his own music brand under MiamiMoe.com. Mixing rap and classical music, I’m sure you’ll enjoy it as much as I did.

Whether he’s singing Pink Floyd, writing music, or expanding his business, Moses remains committed to remembering his Cuban origins. He enjoys contributing to the success of others and is a strong advocate of Latin Americans who wants to seize their slice of the American Dream. He is dedicated to helping them chart their own course in America by connecting them with the right employer. Actually, many Tax Leaf franchise managers are from South America who arrived under the E-2 Visa Program. The life Moses has experienced thus far has been far superior to anything he ever imagined. He is grateful for what his father and his heritage have taught him. To educate and promote success amongst his family and friends has become his number one passion. For those hoping to find success in the USA, I recommend checking out Taxleaf.com. It may be just what you are looking for.

Written by: Kathy Pierce

Time to File Your Taxes!

The tax deadline each April need not be a time of stress and worry.

No matter how sophisticated an investor or business owner you may be, the vast number of opportunities for you to slip up when compiling your income tax return is huge.

It’s no wonder April each year sees an increase in stress and worry.

Your problems can be as simple as failing to declare a certain income or failing to keep adequate records to enable you to verify your deductions should you get flagged for an audit.

What’s The Solution?

The solution depends on what type of income you have received during the course of the financial year.

If you are a property investor, then there are different types of real estate property taxes that may apply to your particular property and set of circumstances.

It makes a difference if you are a citizen or a foreign national who is either a resident or not physically present in the United States.

The amount of time you spend living on your property will also affect your tax status.

If you’ve planned ahead and have your property holdings registered in a company or trust, then your options for tax planning and reducing your tax liabilities increase.

But your record-keeping and bookkeeping need to be accurate and in the right format to ensure that you’re not heading into more problems.

It’s for this reason that appointing a competent and experienced accountant is vital.

How Can I Reduce My Tax Liability?

The first step is to have an accurate bookkeeping system. Deducting direct costs associated with your income is the first step in minimizing your taxable income.

If you have assets that produce your income, then you can depreciate them and claim the depreciation as an expense against your income. Asset registers and depreciation schedules must be drawn up so that an accurate expense can be calculated.

You need to consider the implications of Capital Gains Tax and the decisions you make regarding trade-ins or trade-ups will affect how much you are going to pay over to the IRS.

Being an active rather than passive real estate investor will make a huge difference to your tax affairs. Taking the advice of your tax professional and following their recommendations can not only save you money but also make you money in the long run.

Keeping a record of all home improvements and additions is another avenue that you can follow to reduce your tax liabilities.

Not only will your accountant know how to deal with each scenario, but they will keep up to date on all changes to legislation and supplemental taxes that may affect your property holdings.

These are just a few of the things you need to consider when filing your taxes. There are many more potential issues that you may face and that’s the reason why appointing an experienced tax accountant is vital for your financial well-being.

Introducing TaxLeaf

Moses Nae, CEO of TaxLeaf, Contador Miami, and the founder of Contador America is passionate about helping foreign investors and business owners structure their businesses and investments in a tax-efficient manner.

To avoid unnecessary costs and to reduce your tax liability, it is crucial that you consult with a knowledgeable and experienced tax accountant, especially if you are an overseas investor.

Here’s what one successful business owner has to say about the service and support they receive from being partnered with TaxLeaf:

Cesar Buenavista, Doral, Fl

“I am an Account Manager with TaxLeaf and have been working with clients for more than 6 years. The technology they provide is incredible. I have access to everything from my phone if I need it. They are very professional and provide excellent support for me and my employees.”

To help you learn more about how TaxLeaf can assist you in submitting your tax return as well as structuring your financial affairs efficiently, stop what you’re doing right now and call us now to secure a FREE 30-Minute Consultation with one of our tax experts.

888-Y-TAXLEAF

Everything You Need to Know About Buying Real Estate

Purchasing real estate has historically been one of the most prudent and financially successful strategies employed by investors.

Over the last 100 years, property investors have enjoyed annual returns in excess of 11% with a lot less volatility than one would suffer if your money was invested in the stock market.

And since 1971, REITs have outstripped the S&P 500 by a significant margin.

However, property investment, whether it be for capital gains or monthly cash flow, can be a nightmare for novice investors. Unscrupulous sellers, dodgy developers, and less than honest agents can rob you of your hard-earned money.

So, what are your options?

Find a Trusted Advisor

Investing in real estate is a lot less risky if you have access to an advisor with experience and knowledge to help you assess your potential property deal.

Better yet, approaching an advisor before embarking on your quest for the perfect property will give you the best chance of securing an investment that will pay dividends for years to come.

If you have your own business or wish to start a business, your property portfolio can be used to minimize your taxes and correctly structured, the deal can pay for itself many times over.

Real Estate Investment Advantages

We believe that real estate should form part of your core investment portfolio. Depending on what your long-term goals are, investment property provides a solution that can fit into almost all wealth-planning scenarios.

Property investments provide you with the following benefits:

Tax-advantaged Legal Structures

Tax exemptions, to which investors are entitled, allow rental property owners to write off large amounts of tax.

The IRS offers tax breaks for various expenses such as depreciation, insurance, maintenance, repairs, travel expenses, legal fees, and property taxes. Correctly structured, you will receive huge benefits which you would possibly miss out on without the right advice.

Property investors are also entitled to lower tax rates.

However, to enjoy the benefits of these tax breaks, an experienced accountant, with an intimate knowledge of tax law, is a vital partner in your financial team.

Regular Cash Flow From Long-term Tenants

If you are concerned about inflation, and you should be, then an investment in real estate can provide you with a hedge against rising prices combined with capital appreciation of the underlying asset.

High Cash Returns Through Legally-required Dividends

Investments in REITs (Real Estate Investment Trusts) will provide you with a regular income from dividends. Selecting the correct REIT for you is critical to ensure that you enjoy the worry-free benefits of this type of investment.

Liquidity from REITs

As REITs are traded on exchanges in the same way as stocks, you can access your money in an emergency or take advantage of high returns on your investment.

Capital Appreciation

Property has always been seen as a hedge against inflation. Over time, the value of a property portfolio increases, providing you with a capital appreciation for your benefit or that of your family.

Whether you’re new to property investing, or an experienced real estate investor with a portfolio of properties, our advisors can assist you. Taxleaf has over 40 years of experience providing our clients with the best financial and real estate advice.

Experienced Real Estate Investment Advisors

Moses Nae, CEO of TaxLeaf, Contador Miami, and the inspiration behind MiamiMoe, a business focussed on the Miami music industry, is passionate about helping investors and entrepreneurs find the right investment solution for their unique situation.

Taxleaf is also uniquely placed to help identify the perfect investment property solution to suit your financial goals and budget.

Here’s what one of our successful business owners has to say about the service and support they receive from being partnered with Taxleaf;

Cesar Buenavista, Doral, Fl

“I am an Account Manager with TaxLeaf and have been working with clients for more than 6 years. The technology they provide is incredible. I have access to everything from my phone if I need it. They are very professional and provide excellent support for me and my employees.”

To help you learn more about how Taxleaf can assist you with your real estate investment portfolio and tax structuring, stop what you’re doing right now and call us now to secure a FREE 30-Minute Consultation with one of our business experts, and we will explain how you can make money by investing in real estate.

888-Y-TAXLEAF

3 Questions You Must Ask Before Applying For A United States Visa

It has never been a better time to apply for a GreenCard.

But how can you be sure that you’ll even qualify to receive a visa?

Here are 3 questions you must ask before applying for a United States Visa.

  1. Is My Type of Visa Available Right Now?
  2. Do I Qualify for a Visa?
  3. How Much Will It Cost to Obtain a Visa?

Let’s look at each question in turn and see what you need to do.

Is My Type of Visa Available Right Now?

Each visa has different qualifying criteria and certain visas are restricted to a specific quota for each country.

When you decide that you are going to apply for your visa, it pays to discuss this with a company that has a track record of successfully helping foreigners obtain visas.

And not just visas for you, but your whole family as well.

There are also certain types of visas that are better for you than others. It makes no sense to apply for one type of visa only to discover that it does not allow you to do what you want to do.

Or perhaps if you have a long-term goal of becoming a United States citizen, then there are optimal ways to do this.

Travel restrictions, executive orders, and various mandates will affect which visas are right for you and your family. It is also important to understand that certain visas may not be available in the future and that will impact which visas are the best ones for you to apply for now.

Do I qualify for the visa?

Here at TaxLeaf, we assist you in ensuring that you qualify for the right visa.

Whether it is a certain amount of money that you need to invest or if there is a certain type of business vehicle that you wish to make investments in, TaxLeaf has the experience and knowledge to assist you to make the right decision.

As we provide business, tax, and accounting services to our clients, we know exactly what you need to do to qualify for a visa.

We have successfully assisted many clients to apply and qualify for their visas through our extensive network of contacts.

There are unique opportunities at TaxLeaf that will assist you in obtaining your visas in as little as 3-6 months.

How Much Will It Cost to Obtain a Visa?

The cost of applying for a visa depends on the type of visa for which you are applying.

As we focus on providing business and investment visa advice, the qualifying criteria relate to the amount of money you have to invest and the type of business or investment in which you would like to place your money.

Before you make your way to America, it is important that you have answers to these questions.

Investment In Accounting Franchise Opportunities – A Route to Visa Qualification

Taxleaf has years of experience setting up and acquiring accounting and bookkeeping franchises with a proven success formula for their clients:

Here are a few things that a Taxleaf Tax and Accountant franchise can offer you:

  • Access to a USA Visa.
  • An affordable initial investment. (Qualifies you to apply for a Visa)
  • Entry into a high-demand B2B industry.
  • Systems and Operating Procedures that have been tried and tested over 40 years. (A business plan that the Immigration Department require for your Visa application)
  • A proven marketing system to acquire new clients and keep existing ones.
  • A knowledgeable and efficient support structure.
  • A proven track record of profitability and minimizing taxes.
  • Access to residual income streams.
  • Low overhead structure.
  • Excellent training program.
  • Assistance with opening a Tax Leaf franchise in Florida.

For more detailed information on investing in a TaxLeaf Franchise, click the button below:

Taxleaf Franchise

Here’s what one of our successful business owners has to say about the service and support they receive from being partnered with us:

Cesar Buenavista, Doral, Fl

“I am an Account Manager with TaxLeaf and have been working with clients for more than 6 years. The technology they provide is incredible. I have access to everything from my phone if I need it. They are very professional and provide excellent support for me and my employees.”

To help you learn more about how Taxleaf can assist you in obtaining your USA visa,

stop everything you’re doing right now to watch our detailed webinar where we explain the benefits of working with a leader in obtaining investment visas.

Alternatively, call us now to secure a FREE 30-Minute Consultation with one of our visa experts.

Invest in Your Future – Be Your Own Boss!

What you need to know about Starting a Business, Buying a Business, or Buying a Franchise

The last few years have seen a shift from traditional 9-5 jobs to work-from-home jobs.

And with many companies cutting back on company benefits such as 401(k)s, pension plans, health plans, vacations, and salary increases, it’s a great time to consider alternatives to regular employment and be your own boss.

You may wish to start a business, buy a business or invest in a franchise operation. You may even want to produce your very own music?

Each of these options can put you on the path to financial freedom and prosperity. But choosing the right option for your personality, skills, and experience is an exercise that will maximize your chances of success.

What Type of Business Suits You?

Moses Nae, CEO of TaxLeaf, Contador America, and the inspiration behind MiamiMoe, a business focussed on the Miami music industry, is passionate about helping investors and entrepreneurs find the right solution for their unique situation.

The music business is notoriously difficult to break into. So, finding an experienced professional to help guide you over the obstacles will help to ensure your future success.

If you are an artist who wishes to release his own records or perhaps the style of music you have experience in is under-represented, then MiamiMoe could help you with the exposure you need?

Perhaps you’re interested in representing a talented artist who isn’t currently under contract and want to secure a record deal for them?

Perhaps your band has a large following, you’re playing plenty of gigs but just can’t seem to get a label interested despite believing that you can sell a ton of records?

If that describes you or someone you know, then visit MiamiMoe, to see how he can help you.

Investing in a Franchise

Investing in a franchise is most suitable for you if your core personality supports a structured environment with rules and specifications that have been optimized for you.

A franchise provides the best of all worlds by enabling you to start a business with a proven business model in which all the systems and processes have already been tested and proven in the real world.

Whether you wish to start a business, buy a business, or invest in a franchise, obtaining the help of an experienced accountant to help navigate the myriad complexities, can be an immense help.

Once you have assessed your strengths and weaknesses, identifying where and how you are going to fund the business and start your due diligence, a professional advisor with experience in the type of business you wish to pursue, will help you to avoid potentially bad investments.

Taxleaf specializes in all aspects of the franchise industry and runs a very profitable franchise operation within the booming tax and accounting industry.

For further information on how Taxleaf can assist you to become part of their successful franchising operation, contact a TaxLeaf Business Advisor now.

Building a New Business in the USA

Starting a new business requires ingenuity, the propensity to take risks, creativity, the ability to multi-task without losing focus, and a very positive outlook on life in general.

If you are a foreigner, then it becomes even more difficult to set up a business unless you have access to the services of a local business specialist.

The most successful new businesses employ the services of an accounting firm with the knowledge and experience to help guide you through the registration process, picking the right legal vehicle under which to trade and process the various tax and other business registration necessities to be fully compliant.

For more information on setting up a business in the USA, contact our business specialists at  Taxleaf.com

Buying an Existing Business

The quickest way to become your own boss is through the acquisition of an existing business.

However, buying an existing business is fraught with danger. Even if you are lucky enough to find a business with potential, deciphering the financial statements, cash flow statements, and verifying the assets and liabilities is not an easy task.

An accountant with the skills and experience to spot problems, provide an accurate assessment of a business’s financial position, and then make a market-related valuation, is worth their weight in gold.

Business Professionals

To help you learn more about how Taxleaf can assist you with your new business or franchise, stop what you’re doing -right now and call us now to secure a FREE 30-Minute Consultation with one of our business experts. We will explain how you can invest in your very own profitable business or franchise.

888-Y-TAXLEAF

Tax Declaration for Non-Residents – How to Avoid Any Pitfalls

Investing in property, the stock market, and your own business in the United States is becoming more and more popular.

This is particularly true for citizens from Latin America who see the potential in investing in the powerful USA economy.  

However, the declaration of incomes, paying taxes, and obeying the rules and regulations are extremely complex and require the services of qualified accountants to successfully complete all the requirements to the satisfaction of the Internal Revenue Service.

Who Has to Pay Tax in the USA?

The question then arises, who has to file taxes in the United States?

This is not a simple question to answer and depends on several factors and international agreements and treaties.

How Much Tax Do I Have to Pay?

How much tax do I have to pay on my profits in the United States?

This is a common question that has a different answer for each person.

There is a sliding scale of taxes that you pay on your earnings and, depending on how you structure your business affairs, will determine how much tax, if any, you have to pay.

This is where the skills and experience of a professional accounting and tax firm such as TaxLeaf can potentially save you tens of thousands of dollars in tax.

Sources of Income

So, what if all your income comes from outside the US? Again, this is a complex question that requires careful consideration as you do not want the IRS to investigate you for contravening the law.

Presenting Your Financial Information

We are often asked how one must present the income and expenses of an investment property.

If you are a foreigner wishing to trade in the United States, you will have to prepare a full set of Financial Statements to show how much your profit or loss was for the tax year as well as a record of your Assets and Liabilities.

This is also required if you own a rental property or any other real estate.

Withholding Tax

Can the withholding of my earnings be avoided? This is a slightly more complex question and depends on the structure of your investment and your legal status in the USA.

What Do I Pay If I Invest in the United States Stock Market?

Again, this is not a straightforward question as it depends on your status and the structures used to invest.

Annual Tax Obligations

Non-resident taxes are never simple and your tax declaration becomes more complex as you invest in more income-producing assets.

To answer the question of “What are my tax obligations each year?” is quite complex.

It will require that a professional tax accountant review your unique set of circumstances and come up with a plan on how best to reduce your tax obligations by reducing the tax retention or eliminating it altogether, minimizing profits, and structuring your finances in the best way possible.

Here’s what one of our successful business owners has to say about the service and support they receive from being partnered with us;

Cesar Buenavista, Doral, Fl

“I am an Account Manager with TaxLeaf and have been working with clients for more than 6 years. The technology they provide is incredible. I have access to everything from my phone if I need it. They are very professional and provide excellent support for me and my employees.”

To help you learn more about how Taxleaf can assist you with your tax declaration for non-residents, stop everything you’re doing right now and hit Play on the video below to watch our detailed webinar where we explain how tax declarations work and what the annual tax obligations in the USA are for non-residents.

Alternatively, call us now to secure a FREE 30-Minute Consultation with one of our visa experts.