header image
 
 

Financial services +UK-USA Accountants for expats in Florida

FABBLogoUse.gifMoneyManPounds.jpg

 

Usual disclaimer for anything to do with YOUR hard-earned money:  FABB/British Bureau cannot be held liable for any dealings with the financial experts on this page.  So  check everybody out yourselves before doing business.  The state of Florida’s Office of Financial regulations maintains a website where you can check out people’s credentials:   www.www.flofr.com   Or call the state capital of Tallahassee on [850] 487-9087 to ask your questions.    

                                     INFO FOR BRITISH EXPATRIATES RESIDENT  IN  FLORIDA  

►   ALL BRITS IN FLORIDA ARE ADVISED TO USE A BRITISH ACCOUNTANT and/or /FINANCIAL EXPERT WHO LIVES and WORKS IN FLORIDA.     FACT:   American professionals are not versed in our unique situation as immigrants expats, so we recommend you contact FABB members professionals listed below.    Established expatriates themselves,  with years of professional expertise in Florida,  they have satisfied British clients in all parts of Florida and the UK.  Below are licensed FABB member British accountants,  investment brokers, insurance and loans experts resident in Florida, who will advise you on financial opportunities and options.  IMPORTANT NOTE TO BRITISH EXPATS AND THOSE WITH A UK-USA LIFE:   Effective April 2013 the UK Government changed the expat residency tests which affect how much taxes you pay.  If you spend 183 days in the UK in a single tax year you will now be taxed as a UK Resident.  Too many details to post here, so consult one of FABB’s expat British accountants below to see how YOU are affected. 

►  IMPORTANT :   The IRS in the USA requires [via what it calls FATCA] that all British expatriates report any foreign income or bank accounts on their annual income tax return.  FATCA requires certain U.S. taxpayers who hold foreign financial assets with an aggregate value of more than the reporting threshold (at least $50,000) to report information about those assets on Form 8938, which must be attached to your annual income tax return.  Read up about it on www. irs.gov     Click on the FATCA reporting section.  Or better yet,  ask your local British accountant in Florida…..choose one below.   

►   TAX AND ACCOUNTING SERVICES Tampa and Lakeland.  British native and FABB member  Paul Jerome, has owned and operated his full service tax and accounting firm in the US for over 10 years since 2005. He is well versed in all US tax and accounting matters.  He offers business set-ups (i.e. advising the best business structure for each clients circumstance (i.e. Corps, LLC, etc.), full service accounting (payroll, bank reconciliations, general ledger maintenance, financial statement preparation) as well as being a full service income tax preparer.  He can advise on the best business set-up and can provide assistance in satisfying any visa requirements.  Paul’s firm has two locations, in Tampa and Lakeland, and has many clients [UK and Florida]  that he services remotely.   Paul can be contacted by phone [813] 983-0235 Tampa office or  [863] 644-9756 Lakeland office or by email:  pjerome@americas-tax.com  His website is www.americas-tax.com  FABB member since November 2015

►    FABB Member Allan Akbar Ali, LLB, LLM, FCCA, ACA (UK), CMA, CPA (US) is an experienced British-Guyanese Indian Accountant.  Based in Orlando, Mr. Ali has a UK office and British clients across the US and the UK.  Ali, CPA is a year round full service preparer of Individual and business tax returns. We service Kissimmee, Orlando and all States for 1040’s, 1040NR’s, 1120’s.  Website:  www.myglobaladviser.com   Reach Allan Ali at his Orlando office 407-298-1040 or via email allan@aaalicpa.com  WE ARE HERE TO ASSIST YOU,  INDIVIDUAL FOREIGN NATIONALS and British businessowners prepare their finances in the US.  Please contact us in the first instance for a free consultation.  UK office [if applicable]:  Mr. Akbar also has an office in Hereford.  FABB member since December 2012. 

►  FABB MEMBER Philip Storey is an experienced British chartered accountant and American CPA, established since 1993.  Based in Orlando,  he is a licensed USA/UK Tax & Accounting specialist with clients throughout Florida,  Philip holds CPA and EA qualifications and the UK-USA answers Florida expats need!   So consult Philip for all your financial needs at Chartered Accountants Inc. directly on his cell [561] 283-5746 or office [407] 491-1157.  Email query to pstorey@cpa.com   WEBSITE  www.charteredaccountantsinc.com     FABB member since March 2007


►   FABB MEMBER  ARNOTT  FERGUSON The Great Scot who’ll save you lot$.  Scottish accountant Arnott Ferguson understands the special financial difficulties of transplanted Brits. He handles personal or business tax and financial matters for Florida Brits.  Are you a newcomer Brit? Arnott also advises Brits on setting up a business here.    He’s also ideal for many Brits with small businesses or sole proprietorships or who are new to the USA tax system. Tax returns, new business set-up, financial statements, tax planning, UK-USA pensions and social security matters, investments, corporate & partnership tax returns and year-round financial advice.   With decades of UK-USA accounting experience,  Arnott has many FABB members as clients [all Brits like you] and they all report back how pleased they are.  He has been my own accountant since 1997, his fees are reasonable and I recommend him highly–Patricia Kawaja, FABB President. Fee varies according to work involved.  He is based in Ft.Lauderdale with satisfied British clients in all parts of Florida.   STERLING ACCOUNTING in Ft.Lauderdale:  email gaf7120@aol.com   Tel. [954] 471-4433 Arnott direct. 

►  FLORIDA-LONDON.  Based in London,  ANTHONY ROGERS is a Chartered Tax Advisor and runs a UK tax advisory business providing advice to expats in Florida on their unique UK-USA tax issues.  Anthony comes over to Florida often—Miami especially—to meet prospective and current expat clients.  He offers advice to Brits who may have queries on UK taxes,  UK assets, IHT issues and other UK-USA financial matters such as domicile, residence, business and property portfolio structuring.  Contact him to discuss your needs at Fusion Partners, Chartered Tax advisors.  Anthony is Managing Partners there.  Email anthony@fusionpartners.co.uk   Or reach him on UK mobile +447809 562 855.    OFFICE:   Anthony Rogers LLB CTA, Fusion Partners, 207 Regent Street Third Floor, London W1B 3HH.  He is a Member of FABB, Florida Association of British Business. 

Dollar.jpg

 

JAMES ANDREWS  a chartered British accountant and Florida certified accountant on FABB team, with 30 years experience and a Florida resident for many years. His fee is reasonable and varies according to the work involved JIMMY ANDREWS ACCOUNTING  Cellphone [305] 323-1278   email:   jand592040@aol.com    NOTE TO UK BUYERS SEEKING BUSINESSES FOR AN E2 VISA :    When you have found a business to buy and are ready to make your offer to the sellers  DO DUE DILIGENCE. This is standard procedure when buying a business in Florida….contact Jimmy Andrews to find out more.  He is based in the Ft Lauderdale area and has clients all over Florida and the UK.   FABB Member since 2000.  

►►►   ARE YOU OVER 35?  DID YOU PAY INTO A UK COMPANY/PRIVATE PENSION?   Do you know whether and how you can access your lump sum and bring it over to the USA?  For a FREE review of your UK pension contact Mark Solomons in Florida with Florin Pensions  direct on  [561] 793-1311 email  msolomons@florinpensions.com  On Subject line put:  “To Mark Solomons—UK pension query”.    Include your name + city + phone + a sentence about the type of company/private pension you paid into.    NOTE: The UK’s decision to leave the EU has resulted in Gilt yields reaching all time historic lows,  pushing up the transfer values of UK defined benefit pensions schemes.  That means your unfrozen pension is worth MORE since July 2016.  Mark is a longtime member of the Florida Association of British Business [FABB].  As FABB’s UK pensions expert he has unfrozen many pensions for USA expats over the years.

►►►  NOTE:     Effective November 19, 2012  LLoyds-TSB  bank [Offshore]  has shut all USA operations. First they had a Miami office and used FABB to market their financial products to our expat British members. They closed that office and consolidated all dealings out of their LA office. Then they closed that . They lost their licence to market and promote their services in the USA.   So they are no longer FABB members and we cannot market their financial services to expat Brits in Florida.  —-Patricia Kawaja,  FABB President.

►  IMPORTANT:     The IRS in USA [partnered with the Inland Revenue Service in the UK],  demand that Brits who have become US citizens and resident aliens report all income from foreign sources.    You are taxed on your worldwide income—-even if it comes from the UK.    The UK and USA Governments have sleuthing systems in place to track down what you have stashed away in either country. Penalties are large.  We have warned you, fellow Brits!
So……….consult one of the FABB accountants on this page on this matter.   


► YOUR CREDIT HISTORY:     In the capitalist
USA, where many people live beyond their means mired in debt,   you are defined by your credit history.    A clean credit report is more valued than a clean bottom!   To avoid identity theft and other great reasons, you should monitor your credit report, at least once a year.  The Government gives you one FREE annual Credit Report.   To get this from the only OFFICIAL government-authorised source, contact the Annual Credit Report Request Service Tollfree 1-877-322-8228.   Their website is    www.annualcreditreport.com    This website is legitimate.   BEWARE!  ALL OTHER SIMILAR-SOUNDING WEBSITES and PHONE NUMBERS are IMPOSTERS. 

  + WANT TO SAVE WHEN TRANSFERRING over UK CURRENCY?   DON’T USE YOUR BANK!  Use Moneycorp.  The pound is plummeting.  That affects all expats in Florida who still have UK dealings. To transfer your precious funds, we highly recommend you use the services of Moneycorp.  This will save you fees and grief, as we Londoners say!  What your own bank won’t do is save considerable  exchange fees.  NOW is an advantageous time for you to transfer any funds you have.  THE BEST WAY:   Moneycorp.   At lower rates than any bank .   FABB [Florida Association of British Business] recommends  MONEYCORP of the UK with an office in Florida.   Moneycorp is the only UK currency exchange company licenced to deal in 50 states.   Many expat Brits here have used this currency service for years and report huge savings and satisfaction.   TO FIND OUT MORE:    Phone Moneycorp’s Kelly Cutchin on  [863] 207-6616 at their HQ in Orlando to ask all your questions.  Or email your query to Kelly Cutchin  kelly.cutchin@moneycorp.com for details.  Moneycorp has a UK office too so Kelly may set up your account in the UK—whichever suits you.  Moneycorp have been trusted FABB members since 2005. 

 


 
 

 

►►►   ARE YOU OVER 35?  DID YOU PAY INTO A UK COMPANY/PRIVATE PENSION?  
Do you know whether and how you can access your lump sum and bring it over to the USA?  
For a FREE review of your UK pension contact Mark Solomons in Florida with Florin Pensions
direct on  [561] 793-1311 email  msolomons@florinpensions.com  On Subject line put:  “To Mark Solomons—UK pension query”.    Include your name + city + phone + a sentence about the type of company/private pension you paid into.
NOTE: The UK’s decision to leave the EU has resulted in Gilt yields reaching all time historic lows,  pushing up the transfer values of UK defined benefit pensions schemes.  That means your unfrozen pension is worth MORE since July 2016.  
Mark is a longtime member of the Florida Association of British Business [FABB].  As FABB’s UK pensions expert he has unfrozen many pensions for USA expats over the years.