Info

Tuesdays with Morey - Tax Tips®

Tuesdays with Morey Tax Tips provides Tax Tips for people living and or working outside of the United States. These are citizens of the United States that live or work outside of the country and need valuable information on items concerned with filing their United States Tax Returns. Tuesdays with Morey Tax Tips includes information such as off-shore banking accounts and the requirements for filing and declaring these off-shore accounts. Tuesdays with Morey Tax Tips adds great value to those who are still confused on their tax obligations when living or operating a business off-shore.
RSS Feed Subscribe in Apple Podcasts
Tuesdays with Morey - Tax Tips®
2017
October
September
August
July
June
May
April
March
February
January


2016
December
November
October
September
August
July
June
May
April
March
February
January


All Episodes
Archives
Now displaying: January, 2017
Jan 31, 2017

In this episode, Morey talks about the big changes coming down the pike in both tax deadlines and health care coverages. Morey lists the myriad ways Glazer Financial can help individuals and businesses plan to keep costs and taxes down in 2017. Morey’s organization is capable, and prepared to help you with your complicated, international tax requirements.

 

Key Takeaways:

[:53] New tax changes happen often, so you need a professional who keeps current.

[2:15] When Obamacare is replaced, will a Health Savings Account be right for your business?

[6:05] LLC, C-corp or S-corp, which is right for your business?

[8:13] Glazer Financial prepares tax returns, but also considers the ways you can save in the future.

[8:55] Morey is willing to fight the IRS and attorneys, if it’s in your best interest.

[11:23] You have options in life and in tax planning.

[12:12] Flow through income participants have a new tax deadline.

[13:09] FBAR reporting deadlines have also changed.

[14:17] Should Trump work within the states on Medicaid coverages instead of changing Obamacare?

[17:37] You should get a free tax consultation from Glazer Financial as early in 2017 as possible.

[19:00] 401K’s can help reduce employee cost.

 

Mentioned in This Episode:

Glazer Financial Network

Email Macarena: macarenarose@gmail.com

Tuesdays with Morey on Facebook

Expat Tax Expert

Email Glazer Financial: mglazer@glazerfinancial.com

MacarenaRose.com

Rainforest Realty

Jan 24, 2017

In this episode, hosts Morey and Macarena discuss the importance of organizing your tax documents, and figuring out which deadline your taxes are due on. Morey shares an example of how he saved a client $200,000 in taxes, simply by rewriting a contract. Only experienced financial planners are able to see through the tax code and get to the possibilities. Take the advice of the Tuesdays with Morey Tax Team and start your planning today!

 

Key Takeaways:

[1:07] Getting your tax documents organized for 2016.

[1:45] 110% of last year’s taxes are due to avoid penalties.

[2:50] You should have bought big items and paid bonuses by December 31st.

[4:02] Buying stock has no depreciation value.

[5:18] Looking ahead and planning for 2017.

[6:44] You tax accountant or lawyer should be replaced if they don’t have the right knowledge.

[9:40] Morey spends his weekends working on client accounts.

[11:28] Investors in vacation properties should look more closely at the piece parts of their buildings.

[12:22] An example of someone building a furniture store in Costa Rica.

[12:50] H&R Block has some unseasoned employees.

[14:29] Financial planning is essential to the growth of your business.

[15:55] Many people don’t understand how much help they really need.

[17:01] Be cautious when doing business with your friends.

[18:15] 50% of tax returns Morey reviews could be adjusted to save the taxpayer money.

[20:18] Did you know you can use your retirement money to buy an investment property?

 

Mentioned in This Episode:

Glazer Financial Network

Email Macarena: macarenarose@gmail.com

Tuesdays with Morey on Facebook

Expat Tax Expert

Email Glazer Financial: mglazer@glazerfinancial.com

MacarenaRose.com

Rainforest Realty

 

Jan 3, 2017

In this episode, Morey and Macarena share important end-of-the-year tax tips. Morey recommends buying as many business supplies as possible before the end of 2016, to get the maximum depreciation benefits. And, he suggests that even if you have a CPA doing your taxes, you need to make sure they keep your taxes up-to-date, including all of your foreign accounts. Because bad advice from an uneducated accountant, can cost you thousands in penalties.

 

Key Takeaways:

[1:04] Planning for the upcoming 2017 tax changes is important.

[1:53] Why you should finish up 2016 with a shopping spree.

[3:29] It’s all about reducing taxes for 2016 and in 2017.

[4:25] Changing your corporate structure is an option if taxes are reduced in 2017.

[5:05] Congress is a slow moving vehicle.

[6:07] A real life example of a doctor’s tax return.

[7:10] People are not filling out their Foreign Bank Account information tax documents.

[8:08] A client finally got caught up on back taxes and paid a 27.5% tax penalty.

[12:02] People think when they have a CPA prepare their returns, they no longer need to pay attention to their taxes.

[12:56] The biggest changes in 2017 will be the tax deductions and write-offs.

[14:06] Retirement plans can create additional deductions.

[15:43] What if the new Republican administration can’t get a tax bill passed?

[17:12] The government is planning for the future, and you should be too.

[18:22] Glazer Financial can help you with your “what if” tax scenarios.

 

Mentioned in This Episode:

Glazer Financial Network

Email Macarena: macarenarose@gmail.com

Tuesdays with Morey on Facebook

Expat Tax Expert

Email Glazer Financial: mglazer@glazerfinancial.com

MacarenaRose.com

Rainforest Realty

 

1