The Facts CPA
Empowering Individuals and Businesses with Comprehensive Tax Solutions in New York
As a leading tax CPA firm in New York, we offer a comprehensive suite of services to meet the diverse needs of individuals and business owners. Our team is dedicated to providing personalized, strategic, and proactive tax guidance from preparation, to representation, to resolution, to staying compliant and planning to help our clients maximize their financial success.
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The $16.5 Million Masterpiece That Never Was
When high end art collecting mixes with multi-million dollar wire transfers, things can get abstract quickly. But as one high stakes art broker recently discovered, when $16.5 million lands in your bank account, the IRS uses a surprisingly simple, realistic style of accounting: if you spend it like it’s yours, you pay taxes on it…
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The $2.9 Million Game of Offshore Hide-and-Seek
Opening a network of secret foreign bank accounts sounds like the opening scene of an international spy thriller. You picture sun-soaked Alpine chalets, discreet briefcase exchanges, and a quiet fortune growing well out of reach of domestic tax collectors. Unfortunately, real life isn’t a Hollywood movie, and the Internal Revenue Service does not enjoy playing…