Why Paying A Tax Accountant Could Be Your Best Investment This Year
Vincenzo Villamena is the founder and CEO of Online Taxman, a U.S. tax accounting firm that provides hassle-free U.S. tax preparation services online to expats and international entrepreneurs. He also founded Global Expat Advisors, a sister company that specializes in global structuring and offshoring solutions.
Prior to starting his own firms, he served as a partner at 4 Corners Inc., where he advised high net worth individuals in private equity investing and tax matters. He also worked in audit, tax and valuation at PricewaterhouseCoopers, involved in Fortune 100 audit engagements and M&A transactions and has a Masters of Accounting and Bachelors of Business Administration.
This episode with Vincenzo is a must listen to, especially if you are an American Expat. All other country expats, you need to listen too.
What’s Covered In This Episode
You will never look at doing your taxes by yourself again. Vincenzo and Mikkel discuss things like:
- Expats living overseas – what they need to do
- Why it’s important to choose a specialist
- Myths that people believe about who needs to file their taxes and how much money they make before filing (you’re going to LOVE this one)
- Who has to file
- Can you skimp on your tax accountant?
- What’s the downside of not filing properly
- Capital gains
- and so much more!!
Mikkel and Vincenzo discuss horror stories. That darn IRS!!
Then the discussion turned to corporate structures. Fascinating! Have you ever wondered if you should have an offshore bank account? and if so, where is the best country to do it in? a Wyoming LLC? what the benefits are? Then this is the episode for you.
NOTICE TO ALL ENTREPRENEURS!!
Do you spend most of your day concentrating on the offence? How can I market more? How can I get more customers? More revenue?
Vincenzo suggests concentrating on the defence.
The discussion then turned to Puerto Rico and the decision was made to do another podcast episode just on Puerto Rico and Act 20/22. We are also going to write some articles about Act 20/22 for American Citizens.
How to Contact Vincenzo Villamena
Related Articles & Podcast Episodes
This was such an amazing interview with Vincenzo. I learned a ton, so much so that as promised above, we’re going to get him back on the podcast to just talk about Puerto Rico and Act 20/22. There is so much great information for all expats, regardless of where your country of birth is.
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