DCDB Services Tax team offers an array of services applicable to State and Federal Tax. We work with clients on filings, amendments, Foreign Bank Account Reporting, Foreign Account Tax Compliance Act, and Tax ID registration services. See a complete overview of our services within our Tax unit that may be applicable to you.
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Businesses registered and operating in the USA may be required to file business tax returns. Many businesses can file forms 1120, 1065, and 1040, including related schedules as may be required by IRS rules and regulations. Consult a tax expert to determine whether you need to file a state return. In many states, whether you need to file or not will depend on several factors, including residency. When individuals prepare their own tax returns and filings, often mistakes are easily made. These mistakes can lead to penalties and accumulated interest. Our team assists clients when there is a need to make a tax amendment. Corrected or amended filings may help resolve outstanding issues with reporting requirements and tax liabilities. C4TCB3 Close-Up of Computer Keyboard Our expertise in helping US expats extends to the Streamlined Procedures, the Offshore Voluntary Disclosure Program (OVDP). Clients exercising the Streamlined Filing Procedures are required to provide filed Federal Tax Returns from the past 3 years and FBARs from the past 6 years. DCDB Services can also assist with preparation for OVDP tax filings. This specific procedure is for those who may be at risk of criminal prosecution for failing to file or report their assets overseas, and those who want to avoid this risk altogether. Foreign Bank Account Reporting may be required if there is financial interest in one or more overseas accounts, and the total value of all financial accounts combined is $10,000 or more during any point of the tax year. FATCA Form 8938 may be required of US expats residing outside of the country. Businesses may be required to file a tax return if they are considered a separate entity. Examples of a separate entity include a Partnership, Corporation, S Corporation, or Limited Liability Company (LLC). We are a Buenos Aires and Miami based Certified Acceptance Agent (CAA). We are authorized by IRS to work individuals in order to forward various applications to the IRS for processing. As a Certified Acceptance Agent we can assist with the following applications to be processed by the IRS; As Certified Acceptance Agents DCDB Services is authorized by the IRS to verify supporting documentations such as passports for all ITIN/W-7 applications. This CAA verification means the applicant does not need to send their original passport to the IRS while ITIN application is being processed. Taxpayer Identification Numbers (TIN) A TIN is an identification number employed by the IRS in the administration of tax laws. These include: If you plan to operate a business in the United States, you may need an EIN. Domestic and Foreign businesses operating in the United States may need an Employer Identification Number (EIN). The EIN is also known as a Federal Tax Identification Number for businesses. DCDB Services can help obtain an EIN for your business, which can help your business maintain compliance with Internal Revenue Service (IRS) rules and regulations. Your business may need to obtain an EIN if it meets any of the criteria below: At DCDB Services we work with individuals and families in all areas of Estate and USA tax planning. Our client base may face complex tax cases stemming from living, working, having family and estate members based internationally. This may amplify the complexity of estate planning. At DCDB Services we continue to work with some of the most challenging client cases and deliver solutions ensuring the burden of estate planning is lessened and client satisfaction is optimized. U.S. Tax Basics Estate Planning Strategies Federal (USA)
State (USA)
Tax Return Amendments
Late Filings
Foreign Bank Account Reporting (FBAR)
Foreign Account Tax Compliance Act (FATCA) Registration & Compliance
Business Tax Returns
IRS Certifying Acceptance Agent
Tax ID Registration Services
Estate Planning, USA Tax Planning