Author page: Charles J. Zimmerer ESQ CPA

Retirement Planning Attorney in Miami, Florida. Retirement is something we all plan for our entire lives. However, most Americans have only a minimal amount of money saved for retirement, but saving money is only one part of the retirement planning process. Investing wisely can be just as difficult, but when invested…

Wealth Management Attorney in Miami, FL You have worked hard your entire life. Now what? Most people have worked hard their entire life for the possessions they have, but only a small percentage of the population rise to a high level financial security. For those who have, managing your wealth ensures…

Retirement Planning In this post, we discuss retirement planning and what is important to know.

Financial Planning We discuss how to approach financial planning and what is important.

Des systèmes fiscaux différents : Les Etats-Unis et la France   Mondial vs. Territorial   Les Etats-Unis, contrairement à la plupart des autres Etats, ont adopté un système fiscal mondial. La France quant à elle, a adopte un système territorial. Une société ayant son siège social aux Etats-Unis ou une personne résidant aux Etats-Unis est imposée sur…

Different tax systems: France and U.S.A   Worldwide vs. Territorial system   The US adopted a worldwide taxation system whereas most of the other countries have a territorial system, including France. The worldwide system means that a corporation which has its headquarters in the US, or an individual residing in the US, will be taxed on its incomes…

Net Unrealized Appreciation Q & A... And... Comments... COMMENT: When considering an NUA, an important consideration aside from whether you qualify, is whether you are disqualified. For example, you are allowed only one distribution in the year of the NUA lump-sum distribution. Accordingly, a loan can disqualify you. Furthermore, you should consider when to make the lump-sum…

50 Year-End Business Tax Savings Tips Set aside time to plan
 Book an appointment in your calendar to work on you and your company’s year-end items. For example, you could block off an entire day or you could enter multiple 1-hour appointments over the course of a week or two. Weekends are usually packed with…

Charitable Deductions: Donations can reduce tax liability November 28th is known as #GivingTuesday or Tuesday of generosity. Therefore, it's important to know how this impacts your taxes. If you give money or property to a non-profit or tax-exempt charity before December 31, you will likely be able to take a charitable deductions for the tax year. Accordingly,…

18 Tips for Florida Business Owners 1-Corporate Incorporation/ LLC Organization/ Partnership Formation Registration/ Fictitious Name Application A business is created through the Florida Department of State Division of Corporations [www.sunbiz.org]. Entity selection is important because different entities have different requirements and formalities. 2-Federal Tax Issues Many people understand the importance of obtaining an EIN number. However, few understand the…

Missed Required Minimum Distribution? What to do... You missed the deadline to take a required minimum distribution from your qualified retirement plan. What do you do? The deadline was December 31, 2017. You must take your first required minimum distribution for the year in which you turn age 70½. However, the first payment can be delayed…

IRS Letter: What to Do...If You Get a Letter from the IRS... What You Need to Know if You Get a Letter in the Mail from the IRS Each year, the IRS mails millions of notices and letters to taxpayers for a variety of reasons. If you receive one: 1. Be alert for tax scams. The…