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Showing posts from November, 2018

Can You Explain HOW You Earned Your Money?

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As International Tax professionals, we hear of entrepreneurs who have made money through legal businesses internationally.  Yet have a problem....they cannot spend it.
Well, they can probably spend it in the developing world, but when they try to spend it in a developed economy like North America, or the UK?  They encounter the same problem.  Financial institutions want documentation that proves how the money was earned and properly taxed.  This especially arises for big ticket purchases like condos.
This may be a problem for one reason.  Some entrepreneurs have failed to declare and pay taxes on the funds they earned.  
Soon they find themselves stuck. 
They have money which was legally earned but NOT declared to the relevant authorities and properly taxed.
So what can they do? Easy. Declare it and pay all the taxes and penalties.

In terms of the US, many have written about the Financial Crimes Enforcement Network (or Fincen) and how frequently banks report suspicious transacti…

Moores Rowland Tax Team - Rest of the World

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Thank you for taking the time to get to know us. We are Hayden T Joseph CPA LLP (http://www.htj.tax) and we are an independent member firm of the Moores Rowland Asia Pacific Network (http://mooresrowland-asiapac.com). The group has over 30 offices in 11 countries.



Hayden T Joseph CPA LLP works on International Tax in general, and United States International Tax in particular. 

We can help your family or your firm with international tax planning as well as international tax compliance. Especially within - The UKThe USAParts of the Caribbean andAsia.
Hayden T Joseph CPA LLP does business as (DBA) Advanced American Tax and here is our US Tax brochure - http://htj.tax/usabrochure.pdf
We are listed in the IRS directory here - http://irs.treasury.gov/rpo/rpo.jsf
We are on the US Commerce Department website - http://2016.export.gov/singapore/businessserviceproviders/eg_sg_106919.asp
We are also listed on the US Embassy website -

Moores Rowland Tax Team - The United Kingdom

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Thank you for taking the time to get to know us. We are Hayden T Joseph CPA LLP (http://www.htj.tax) and we are an independent member firm of the Moores Rowland Asia Pacific Network (http://mooresrowland-asiapac.com). The group has over 30 offices in 11 countries.

In the UK, we can offer auditing, accounting, outsourcing, tax, and advisory services.


Hayden T Joseph CPA LLP works on International Tax in general, and United States International Tax in particular. 

We can help your family or your firm with international tax planning as well as international tax compliance. Especially between - The UK and Asian countries including Singapore and Hong KongThe UK  and Caribbean territories such as the BVI.The UK  and the USA.
Hayden T Joseph CPA LLP does business as (DBA) Advanced American Tax and here is our US Tax brochure - http://htj.tax/usabrochure.pdf
We are listed in the IRS directory here - http://irs.treasury.gov/rpo/rpo.jsf
We are on the US Commerce Department website - http://2016.expor…

New IRS Compliance Campaigns Related to Offshore Matters (11/11/18)

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The IRS has announced that new "compliance campaigns" related to offshore matters.  See IRS web page titled "IRS Announces the Identification and Selection of Five Large Business and International Compliance Campaigns," here.  The IRS describes its compliance campaigns as:
LB&I is moving toward issue-based examinations and a compliance campaign process in which the organization decides which compliance issues that present risk require a response in the form of one or multiple treatment streams to achieve compliance objectives. This approach makes use of IRS knowledge and deploys the right resources to address those issues. 
We want to highlight the following 5 areas from this announcement:


Offshore Service Providers Practice Area: Withholding & International Individual Compliance
Lead Executive: John Cardone, director of Withholding & International Individual Compliance
The focus of this campaign is to address U.S. taxpayers who engaged Offshore Service P…

IRS 2018 Tax Rates, Standard Deductions, Exemption Amounts And More

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(click to play video above) In March 2018, the Internal Revenue Service (IRS) has announced a number of tax-related provisions for 2018, including, the latest tax tables. These changes are due to the Tax Jobs and Cuts Act of 2017, signed into law by President Trump on December 22, 2017. The Internal Revenue Bulletin (IRB): 2018-10 dated March 5, 2018, confirms the new numbers. Changes of note include those to the EITC, adoption credit, and more.
These are the numbers for the tax year 2018 beginning January 1, 2018.  You'll use these numbers below to prepare your 2018 tax returns in 2019.
If you aren't expecting any significant changes in 2018, you can use the updated tax tables and other tax numbers to estimate your liability. If you expect to make more money or have a change in your circumstances (i.e., get married, buy a house, start a business, have a baby), consider adjusting your withholding or tweaking your estimated tax payments
Tax Brackets and Tax Rates. The big news…

Moores Rowland Tax Team - Hong Kong

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Thank you for taking the time to get to know us. We are Hayden T Joseph CPA LLP (http://www.htj.tax) and we are an independent member firm of the Moores Rowland Asia Pacific Network (http://mooresrowland-asiapac.com). The group has over 30 offices in 11 countries.

In Hong Kong, there are 2 Moores Rowland firms offering auditing, accounting, outsourcing, tax, legal and advisory services -

and



Our Singapore based team works closely with all our Hong Kong colleagues.




Hayden T Joseph CPA LLP works on International Tax in general, and United States International Tax in particular. Our Singapore based firm is a proud member of the Moores Rowland family.

We can help your family or your firm with international tax planning as well as international tax compliance. Especially between - Hong Kong and other Asian countries including Singapore and Indonesia.Hong Kong and Caribbean territories such as the BVI.Hong Kong and the USA.Hong Kong and the UK.
Hayden T Joseph CPA LLP does b…

Moores Rowland Tax Team - Malaysia

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Thank you for taking the time to get to know us. We are Hayden T Joseph CPA LLP (http://www.htj.tax) and we are an independent member firm of the Moores Rowland Asia Pacific Network (http://mooresrowland-asiapac.com). The group has over 30 offices in 11 countries.


In Malaysia, there are 5 Moores Rowland firms across Malaysia offering auditing, accounting, outsourcing, tax, legal and advisory services.




Our Singapore based team works closely with all our Malaysian colleagues.


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Hayden T Joseph CPA LLP works on International Tax in general, and United States International Tax in particular. Our Singapore based firm is a proud member of the Moores Rowland family.


We can help your family or your firm with international tax planning as well as international tax compliance. Especially between - Malaysia and other Asian countries including Singapore and Hong Kong.Malaysia and Caribbean territories such as the BVI.Malaysia and the USA.Malaysia and the UK.
Hayden T Joseph CPA LLP does …

Moores Rowland Tax Team - Jakarta

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Thank you for taking the time to get to know us. We are Hayden T Joseph CPA LLP (http://www.htj.tax) and we are an independent member firm of the Moores Rowland Asia Pacific Network (http://mooresrowland-asiapac.com). The group has over 30 offices in 11 countries.


In Indonesia, the main Moores Rowland firm is based in the Senayan area of Jakarta and offers auditing, accounting and outsourcing, tax, legal and advisory, business and human rights services in Indonesia. There are also offices in Bali.





Our team works closely with all our Indonesian colleagues.






Hayden T Joseph CPA LLP works on International Tax in general, and United States International Tax in particular. Our Singapore based firm is a proud member of the Moores Rowland family.


We can help your family or your firm with international tax planning as well as international tax compliance. Especially between - Indonesia and other Asian countries including Singapore and Hong Kong.Indonesia and Caribbean territories such a…