Tag Archives: tax planning

PIASCIK Testimonial and Beverly Hills Affiliate Office

June 16, 2015  |   Posted by :   |   International Tax Planning   |   0 Comments

We recently received the following testimonial from Steven Piascik, President and Founder of PIASCIK. PIASCIK is an International Certified Public Accounting Firm and Tax firm with clients in over 55 countries, and in all of the US states. We have over 1,000 clients with professional offices in Richmond, Virginia as well as inside the Platinum […]

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Tax Planning for US Exports: Movies, TV & Music

October 30, 2013  |   Posted by :   |   International Investors,International Tax Planning   |   0 Comments

The Wolfe Law Group is pleased to announce that on Nov. 14, 2013 they are hosting an international tax seminar at the Beverly Hills Country Club, LA’s premiere tennis club/resort/spa (whose sister club, Calabasas Country Club, has a golf course designed by Robert Trent Jones Sr. and Robert Trent Jones Jr.). The Event’s topic is […]

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Asset Protection – S-Corporations, LLC and Tax Planning

April 03, 2013  |   Posted by :   |   Asset Protection   |   0 Comments

Both LLCs and S-Corporations are tax-reporting net income tax-paying entities. LLCs/S-Corporations pay a $800 minimum California tax, S-Corporations pay a 1.5% California corporate level tax, LLCs pay an annual “gross receipts tax”, based on gross income: Income / Tax $0-$250,000 / $0 $250,000-$499,000 / $900 $500,000-$999,000 / $2,500 $1m – $4.99m / $6,000 $5m+ / […]

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Musicians – U.S. Tax International Income

February 13, 2013  |   Posted by :   |   International Tax Planning   |   0 Comments

In 2013, the music industry is poised for a comeback, “…annual music sales in the U.S. to hover at $5.5billion over the next 3 years as declining physical sales are replaced by digital… that’s a relief for an industry that was in free fall for the past decade.” (see: Bloomberg Business Week, Feb 7, 2013, […]

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International Investors – U.S. Estate and Gift Tax Planning (2012)

November 05, 2012  |   Posted by :   |   International Investors   |   0 Comments

(I) U.S. Estate and Gift Tax Rates U.S. citizens and U.S. domiciles are subject to U.S. Estate and Gift tax on their world-wide assets.  Non-U.S. domiciles are subject to U.S. Estate and Gift Tax on U.S. assets. In 2012, U.S. Estate & Gift Tax Rates are as follows: 1) Estate Tax Exemption is $5,120,000 ($10,240,000 […]

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Key Asset Protection Statutes

April 16, 2012  |   Posted by :   |   Asset Protection   |   0 Comments

For U.S. investments, income tax planning and asset protection may be efficiently accomplished by holding U.S. investments in a One-Member California Limited Liability Company which is owned by a California Trust and managed by a California Corporation. Please see enclosed Key Asset Protection Statutes in California: 1. California Probate Code §18200 If Settlor retains absolute […]

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