by Julian Falgons | May 2, 2016 | Authored Articles, Blog
History Puerto Rico has a history and reputation for their culinary offerings. Many of the traditions and cooking practices present today in Puerto Rico can be traced back to Europe (primarily Spain), Africa, and the Taíno natives. Towards the end of the 1800’s, the...
by Julian Falgons | Apr 28, 2016 | Blog, Editor Of Article
If you are transferring real estate in Florida you may trigger The Foreign Investment in Real Property Tax Act of 1980 (“FIRPTA”) and Florida Documentary Stamp Tax (“Doc Stamp”) even if cash isn’t exchanged. The amount of each tax is calculated based on a...
by Julian Falgons | Apr 21, 2016 | Authored Articles, Blog
Around 700 investors from at least 74 countries were potentially defrauded of about $350 million by EB-5 project organizers in Northeastern Vermont. The private project that was supposed to encourage an economic revitalization in northern Vermont turned into a...
by Julian Falgons | Apr 19, 2016 | Blog, Editor Of Article
Are you are a non-resident alien receiving U.S source income? Examples of US source income include rental income from a property located in the U.S or distributions from a company formed in the United States. If you realize too late that you need to declare your U.S...
by Julian Falgons | Apr 14, 2016 | Blog, Editor Of Article
Last month’s article discussed the importance of pre-immigration tax planning to minimize U.S. income taxes when moving to the U.S. You should also be alerted to the U.S. transfer (gift and estate) tax consequences when relocating to the U.S. The conclusion was that...