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Finding a good tax accountant
01-15-2015, 06:51 PM
So I'm looking for a new accountant, since mine went MGTOW and moved out of the country to live in a beach in Latin America. His replacement from the firm hasn't been as prompt.
I need one American based accountant who uses email and doesn't need to meet me in person. Any recommendations or sites I can use? If you don't want to share your accountant publicly, you can drop me a PM.
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Finding a good tax accountant
01-15-2015, 07:44 PM
I can't recommend anyone as I'm also looking for one myself. Just incorporated a bricks and mortar business and need an accountant for year end returns and tax advisory purposes. I didn't care for the accountant my business lawyer recommended to me so I sent out word to my network that I'm looking.
An acquaintance recommended one for me, someone who has a lot of years of experience but has a CMA designation instead of a CA (gold standard). What is the difference between the two?. If a CA files my taxes for me and some irregularity is found is he liable?. If anyone knows of a good accountant in the Greater Toronto Area please let me know as well.
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Finding a good tax accountant
01-16-2015, 04:45 AM
^Thanks. What is their fee structure like?
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Finding a good tax accountant
01-16-2015, 08:33 AM
I've been a long long long-time lurker, finally described to subscribe. I'm a CPA living abroad now, I can give you a free consultation or advice on what prices should be. In general, you may already know you're most likely eligible for a Foreign Earned Income Exclusion of roughly up to 100k. Since you're working for yourself, it may not apply to you unless you pay yourself out a salary from your company. Aside from that, you can use a foreign tax credit if you paid foreign taxes to cancel out your U.S. tax liability. Additionally, you may be exempt from self-employment taxes relating to FICA/Social Security if you're living in a country that has a "totalization agreement" with the U.S. (so you pay social security only in your country of residence).
For a U.S. expat who has all their documents in order, the cost should be between $289-$489. If you had a balance of greater than $10k in any foreign bank account at any time of the year, you also need to file a FBAR (Foreign Bank Account Report, which you can easily file yourself).
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Finding a good tax accountant
02-03-2015, 08:23 PM
Going to have a consultation with OnlineTaxMan.
I'll keep you updated with how it goes.
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Finding a good tax accountant
02-04-2015, 07:01 PM
I was told that if you are a signer on a foreign account and you exceed 10k at any point, for any reason then you must submit a FBAR.
Don't know about an escrow type of situation, however. Best not to take my answer as the final word.
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Finding a good tax accountant
07-16-2015, 12:48 PM
Bump.
Did anybody end up going with Online Tax Man? Pros/Cons?
I am looking for a small scale accountant who will help me manage personal taxes as well as LLC write offs for small business. Not too much work required, so a cheap internet solution like this or 1800Accountant seems like an OK deal.
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Finding a good tax accountant
07-16-2015, 01:01 PM
Perfect timing. It's amazing how threads tend to pop up from 6 months ago just when you need them.
I'm looking for a CPA as well. Preferrably someone who can do everything via email.
Interested to know any experiences with onlinetaxman.com.
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Finding a good tax accountant
09-16-2017, 11:12 PM
Haha, two years later I'm back in this thread. This time I need an accountant for real, last time was just thinking.