Do you have clients with international tax issues? Clients with global income, foreign assets, business ownership interests or involvement with cryptocurrency need very specialized tax help.
Unfortunately, regular US CPAs and mass-market tax software are not equipped to handle the tax issues we work on daily.
We are a perfect outsource partner for the preparation of returns with foreign elements or of forms to report foreign assets/ownership. You can work with us directly (or refer us) with confidence because we practice international tax exclusively. And we’ve been at it since 1983— that’s a lot of experience with the IRS.
Our Services for Wealth Management Advisors
We routinely work with financial advisors and RIAs. Our services include:
Refer with Confidence
Do you need a highly experienced CPA that focuses just on international tax issues? Well, that’s us! Every member of our tax team works exclusively on international tax matters.
Within wealth management firms, we usually see a competent internal tax team, but they don’t have the bandwidth (and sometimes interest) to keep up with the IRS rules related to preparing tax returns with foreign elements or forms to report foreign assets/ownership.
Your internal tax team (or regular CPA) may even have a policy against preparing any of the foreign forms due to their complexity and risk level.
This is where we come in. We can work with you and/or directly with your client, to get things back on track.
Ways We Can Work Together
There are two ways we work with RIAs and financial advisors.
1. Established Master Agreements
We have established agreements with certain large wealth management firms to assist in the preparation of certain foreign reporting forms (8865, 5471, 8621), as well as new matters under tax reform (Repatriation Tax/GILTI). So, from a process perspective, we know how splitting the work can be done efficiently.
2. Tailored Services Agreements
We already have a history of tailoring our services/arrangement based on what you are looking for. In some cases, you may want to send us all your tax returns of a certain type (e.g., nonresident returns). Or perhaps send us specific forms only (8865, 5471, 3520, 8621, 965). Or you can even send us specific clients with complex needs. Any of these scenarios can be addressed via a tailored service agreement.
Why The Wolf Group?
Since 1983, we’ve worked with clients in the United States and abroad on international tax matters. We have a long history of “cleaning up” complex tax returns, reporting foreign assets, and reconstructing financial records.
Check out our extensive team of CPAs, all with vast international tax experience.
Looking for a Nexia International Partner?
We’re an active member of Nexia International, a global network of independent accountancy, tax and business advisors with over 250 firms around the globe.