MasAmerica – your trusted U.S. tax advisor in Israel, provides comprehensive compliance and consulting services for individuals and businesses navigating the complexities of U.S. and Israeli tax laws. With deep expertise in corporate, partnership, and individual taxation, we ensure our clients receive tailored, high-quality assistance with a high level of partner involvement.
Our client base includes large corporations, international businesses, family businesses, entrepreneurs, and high-net-worth individuals. Whether you work remotely, manage financial affairs for elderly parents in the U.S., or have estate planning needs, MasAmerica’s professionals anticipate your tax obligations and help minimize liabilities.
Unique U.S. and Israeli Tax Considerations
You NEED the experience of MasAmerica’s U.S. and Israeli tax attorneys and CPAs in Israel if you:
- Work remotely or own a business in Israel
- Have significant U.S. pensions, IRA’s, or 401(k)’s
- Expect to receive an inheritance or are the beneficiary of assets held in a trust
- Have reached the 10-year Aliyah tax exemption expiration
- Own U.S.-based real estate, stock, or other investments
- Require estate planning for cross-border assets
- Receive stock options, RSUs or other incentive compensation
- Seek clarity on estate taxes for non-U.S. citizens
- Manage the affairs of elderly parents
Comprehensive U.S. Tax Services in Israel
MasAmerica’s U.S. tax team provides a broad range of tax reporting and consulting services to American business and individual clients based in Israel, or moving to Israel. Our tax experts stay ahead of changing tax laws and regulations to ensure compliance while optimizing tax benefits.
US Tax Consulting Services in Israel:
- Strategic tax planning for businesses and individuals
- Tax structure planning, restructuring, and transaction consulting
- Local and state tax consulting, including Nexus, revenue sourcing, and allocation
- Equity monitoring and tax-efficient investment and retirement planning
- Guidance on U.S. estate tax, gift tax, and inheritance tax in the USA from Israel
- Assistance with renouncing U.S. citizenship and understanding the exit tax implications
- PFIC (Passive Foreign Investment Company) tax compliance and GILTI (Global Intangible Low-Taxed Income) tax planning
- Understanding capital gains tax rates for foreign investors, corporations, and LLCs
- Navigating the U.S.-Israel tax treaty for optimized tax benefits
US Tax Compliance Services in Israel:
- Preparation of personal tax returns (1040) at the city, state, and federal level
- Filing corporate tax returns: 1120 (ordinary corporations), 1120F (foreign corporations), 1120S (transparent corporations), 1065 (partnerships and LLCs)
- Preparation of consolidated corporate tax returns
- Filing tax forms on behalf of trusts, estates, and for gifts
- Tax reporting for tax-exempt entities and private funds
- Filing FATCA compliance forms
- Filing FBAR (Foreign Bank Account Report) for overseas financial accounts
- Tax filings for U.S. citizens living abroad, including tax return preparation and reporting for expats (1040NR, W-8BEN, and W-8BEN-E compliance)
We make complex taxes easier. Unlike ordinary tax preparers, MasAmerica’s professionals comprehensively plan and manage U.S. and Israeli tax affairs for those with unique requirements. We anticipate potential challenges and implement strategies to reduce tax burdens effectively.
Specialized Expertise in Cross-Border Taxation Between America & Israel
Did You Know?
- U.S. citizens who own Israeli businesses have special tax reporting requirements in the U.S. Mistakes in reporting can result in significant penalties or unnecessary tax payments. Strategic planning can help reduce these liabilities.
- When American citizens pass away in Israel, IRS procedures can delay or prevent the distribution of U.S.-based assets (real estate, bank accounts, stock, pensions, etc.). MasAmerica’s experts navigate these tax procedures efficiently to release funds and assets.
- Understanding the difference between W-8BEN and W-8BEN-E is crucial for foreign investors dealing with U.S. financial institutions.
- Capital gains tax in the United States varies based on entity type and investment structure—whether for corporations, LLCs, or foreign investors.
- Provisions in the US-Israel Tax Treaty can provide significant tax savings, sometimes eliminating taxes completely.
Let Our International Tax Expertise Work for You
MasAmerica specializes in helping expats manage their financial and tax obligations seamlessly across Israel and America. Whether you’re dealing with estate taxes, planning for eldercare, structuring corporations and trusts, or handling business exits and acquisitions, we provide expert guidance to protect your wealth. We also assist with Social Security, pensions, Roth IRA/IRA, and 401(k) plans, ensuring you maximize your benefits while complying with tax regulations. Our team helps you optimize investments, stocks, and liabilities, minimizing tax exposure while growing your portfolio. Additionally, if you’re considering expatriation, we ensure a smooth transition while addressing all U.S. tax implications. With our expertise, you can confidently manage your financial future while enjoying life in Israel.
With years of combined experience in international tax reporting and planning between the US and Israel, MasAmerica’s team of tax advisors ensures compliance with both the IRS and the Israel Tax Authority, while helping clients minimize taxes and prevent future problems.
Call 077-804-6855 for a Free 15-Minute Consultation
Learn how MasAmerica can simplify your tax obligations and optimize your financial future!