Tuesdays With Morey - Tax Tips®

In this episode, Morey and Macarena attempt to warn listeners of the potential pitfalls of dealing with professionals who don’t stay up to date on current tax laws. If you are thinking about moving offshore, you must plan to plan. There are so many different aspects to living in a foreign country, and chances are, the company who is selling real estate at a conference, won’t tell you all of what you need to know. Contact Glazer Financial before you make the big move!   Key Takeaways: [:49] If you are considering moving offshore, you need to make a plan for your financial future. [1:04] People forget to plan for their state and federal obligations, when they move abroad. [1:46] People set up foreign corporations, without the proper planning. [2:22] Clients struggle all the time with not planning before they plan to move. [3:36] You may not pay less tax in a foreign country, because you are still responsible for U.S. taxes. [4:07] People take action based on professional suggestions. [4:43] Professionals may no