LGA is a member of Russell Bedford International (RBI), a Top 20 global network of independent accounting, tax and business consulting firms. RBI firms operate 350 offices in more than 100 countries in Europe, the Americas, Middle East, Africa, Indian Sub-Continent and Asia-Pacific. LGA, through Russell Bedford member firm relationships, can provide access to a breadth and depth of resources wherever a company decides to do business.
Broaden your focus to keep pace with a borderless economy
Helping Foreign Parent Companies Establish a US Business Presence
Your first US hires are not likely to be in the accounting department! Our Outsourced Management Accounting group can handle whatever you need on a scalable basis. From QuickBooks set-up, monthly and quarterly closes, to KPIs and reporting, you’ll be in good hands. Tax and accounting aren’t the only services your business will need in the US. LGA is committed to surrounding ourselves with professionals in an array of service areas so that when clients need help, we know a high-quality provider ready to serve. Whether you need a referral to an attorney, bank, insurance agent or payroll prvioder, LGA has vetted a quality group of professionals that we have experience working with who can jump onto the team and provide the support needed.
US reporting requirements for businesses and individuals with foreign activities
Do I have a reportable foreign bank account?
Does my company have any foreign owners?
Have I invested in a foreign corporation or partnership?
Did I pay tax to another country?
Do I live or work outside the US?
These questions only begin to help you uncover your potential exposure to the complex world of US tax compliance related to worldwide activities. There are a multitude of rules and exemptions in each of these areas as well as many other situations that may result in the need for reporting, disclosure and payment of tax. It’s important to understand your complete financial and tax circumstances, especially where your income came from and where you are making payments.