Phase 1 - Understanding the U.S. Offshore Tax System

Provides knowledge of the United States system of worldwide taxation, and how foreign-based income is excluded. From offshore sourcing rules, the requirements of the Foreign Earned Income Exclusion, how the Foreign Tax Credit is calculated, in addition to Anti-Deferral rules these phase will help you understand these basic principles to become tax free.

Phase II - Structure & Cash Flow Planning

Upon determining your income will be foreign sourced, and you qualify for the foreign exclusion or credit, the next step is to visually plan and develop a tax structure that will legally eliminate your U.S. tax liability. This organizational chart will show domestic and foreign entities, as well as outline the flow of cash from the customer to you in a tax-efficient way.

Phase III - Implementing Financial Infrastructure

With a visual map of your tax structure ready, the next step is to form any domestic or foreign entities required to include formation paperwork and operating agreements. From there, you will open bank accounts, credit accounts, and payment processors as needed to operate each business effectively and more relevant, tax-efficiently.

Phase IV - Follow-Through & Tax Filing

The final, most important, and often the most time consuming and difficult step, is the process of Accounting, preparation of Financial Statements, and filing of tax returns to see your plan in real-world action, and to finalize the process of reducing your United States tax liability down to zero.

Hate Taxes? Let’s Chat...

Work with us to develop a personalized tax strategy that fits your needs and offshore structure to pay no U.S. Tax if living in a foreign country.