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Catch Up and Clean Up Bookkeeping
When you start your Plus package with us, the service starts with the current period. However, if your QBO isn’t current, we can catch up and/or clean up the prior periods for an extra charge - quoted in advance when you start with us.
Payroll and State Tax Return
We can include the payroll preparation for any company size for an extra charge, depending on the number of employees and states.
Tangible Personal Property Return
Some counties in various states assess property taxes on the computers, equipment, furniture, and fixtures that a business owns. One property return per location is due yearly to the report of the business assets so the county can assess these taxes.
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QuickBooks Online Setup
If you use another accounting system (or no system at all) – we can move you to the Cloud with QuickBooks Online. We can set up QBO and provide basic training to get you up and running.
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Sales Tax Return
We can include a monthly, quarterly, and annual sales tax return for an extra charge.
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IRS Payment Plans
We can help you apply for an IRS Payment Monthly Plan when, for some reason, you cannot pay your tax liability on time.
Tax Services for US Citizens Abroad
We can help U.S. citizens living abroad who are still subject to U.S. tax obligations and must report their worldwide income to the Internal Revenue Service (IRS).
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U.S. citizens abroad are generally required to file a U.S. federal income tax return if they meet the filing thresholds, even if they reside outside the United States.
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ļ·U.S. citizens living and working abroad may qualify for the Foreign Earned Income Exclusion, which allows them to exclude a certain amount of their foreign-earned income from U.S. taxation. To claim the FEIE, individuals must meet specific residency and income requirements.
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ļ· If U.S. citizens living abroad pay income taxes to a foreign country on income that is also subject to U.S. tax, they may be eligible for a Foreign Tax Credit. This credit helps avoid double taxation by reducing U.S. tax liability.
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ļ· U.S. citizens with financial accounts (including bank accounts, investment accounts, or other financial assets) located outside the United States must file an FBAR if the aggregate value of these accounts exceeds a certain threshold. The FBAR is filed separately from the federal tax return.
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ļ· FATCA requires U.S. citizens abroad to report certain foreign financial assets to the IRS. This report is done on Form 8938, filed with the annual federal income tax return.
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ļ·U.S. citizens abroad who are self-employed may be required to pay self-employment tax, which covers Social Security and Medicare taxes. The FEIE does not apply to self-employment tax.
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The United States has tax treaties with many countries that may affect the tax treatment of certain types of income. U.S. citizens abroad should know relevant tax treaties that may impact their tax liability.
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ļ·U.S. citizens living abroad may still have state tax obligations before moving abroad, depending on their residence. State tax laws vary; some states may have specific rules for residents living abroad.
Tax Services for Non-US or Resident Citizens
Non-U.S. residents who earn income in the United States may havetax obligations, and we can help them to file a U.S. tax return. Here are some key considerations:
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Non-residents are generally taxed in the U.S. on income effectively connected with a U.S. trade or business. This may include wages, business income, or rental income sourced in the U.S.
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ļ·The United States has tax treaties with many countries that may affect the tax treatment of certain types of income. Tax treaties can sometimes provide relief from U.S. taxation or modify the rates at which income is taxed.
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Non-residents may be subject to withholding on certain types of income, such as wages or payments made to foreign individuals. Employers and payers are required to withhold taxes and remit them to the IRS.
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Non-residents who need to file a U.S. tax return generally use Form 1040-NR (U.S. Nonresident Alien Income Tax Return) to report their income, deductions, and credits.
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Non-residents may be eligible for certain tax credits and deductions to reduce their U.S. tax liability. For example, some may qualify for the standard deduction or be eligible for education credits.
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ļ·Non-residents typically cannot use the same filing statuses available to U.S. residents. Instead, they often use "Single" or "Married Filing Separately."
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Non-residents not eligible for a Social Security Number may need to apply for an ITIN to fulfill their tax filing obligations.
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ļ·In addition to federal taxes, non-residents who earn income in certain U.S. states may have state tax obligations. State tax laws vary, and it's essential to consider the specific state's rules.
The tax implications for non-residents can be complex, and 360 tax advisers can help navigate the nuances of U.S. tax regulations.āā
Let the numbers speak!
In Tax Savings
$1B
Years of Expertise
20
Client Satisfaction Rate
99%
Successful Resolutions
500+
Other Services
Welcome to 360 Tax Advisers, your trusted partner in financial excellence. Our expert team specializes in navigating the complexities of accounting, taxes, finance, and advisory services.
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Exceptional Resolutions Team!
"Dealing with financial issues can be overwhelming, but 360 Tax Advisers made the process seamless. Their resolution team is outstanding - they successfully handled my complex situation with professionalism and efficiency. With their help, I not only resolved my financial challenges but also gained valuable insights for the future. Grateful for their expertise!"
Isabella M.
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Have a question or ready to take the next step toward financial success? Our team at 360 Tax Advisers is here to assist you. Contact us today to schedule a consultation or inquire about our comprehensive services.