In December 2020, Congress passed the Corporate Transparency Act (CTA) as part of the National Defense Authorization Act. According to the Financial Crimes Enforcement Network (FinCEN), the purpose of the CTA is to “better enable critical national security, intelligence, and law enforcement efforts to counter money laundering, the financing of terrorism, and other illicit activity …

Corporate Transparency Act Beneficial Ownership Information (BOI) Report Read More »

Jerry Epstein interviews Chayim Kessler CPA at the offices of MIAMIBEACHCPA LLC. Mr. Kessler discusses international tax issues to include the advantages of foreigners investing in the US. He discusses opportunities for growth and income in the real estate market as well as filing and paying taxes for nonresident alien taxpayers and foreigners operating within …

International Tax Read More »

Jerry Epstein interviews Chayim Kessler CPA. Mr. Kessler discusses, compares, and contrasts the formation and tax practice of Corporations, S Corporations, Partnerships, and LLC’s. The interview takes place at the offices of MIAMIBEACHCPA LLC. Mr. Kessler discusses the advantages of S Corps vs C Corps, as well as the legal structure of LLC’s. He explains …

Entity Selection Read More »