I hear all the time that Sam Zell reads numerous magazines and newspapers and Barry Sternlicht knows so much about real estate worldwide.

Don't feel bad, my rich Canadian friends assume 50% off the top of everything they make goes to the government, its pretty standard worldwide in highly developed countries, actually a little cheaper here.FICA tops out at 8k for W2 workers. 

If someone comes to me, I'll send them your way.If you need help in your search or want to verify something don't hesitate to ask.For example: I have clients worldwide and things are just as easy as I e-mail them, talking on the phone.

Unfortunately, the money-starved State of California takes a much broader view of doing business in California, which means that many LLCs formed outside California are unknowingly doing business in California and are therefor subject to the $800 minimum tax, the gross receipts tax, filing Form 568 and paying California income tax.This example is Example 1 on page 4 of the FTB's General Form 3556.Example 1: Homer Simpson is a resident of California and a member of an Arizona LLC called "World Wide Widgets, LLC."

If someone comes to me, I'll send them your way.If you need help in your search or want to verify something don't hesitate to ask.For example: I have clients worldwide and things are just as easy as I e-mail them, talking on the phone.

If you reside in Italy or elsewhere in Europe, you will be taxed in your country of residence on your worldwide income and at a much higher tax rate in the US.Bear in mind that I'm not a tax specialist so you might want to consult one.

If you are a permanent resident you will be required to file a US tax return and include all of your worldwide income.

This 20% is Applied to Your Share of the Taxable Income From a Pass Through Entity.Deduction is Phased Out if Your Income is Too High: Phaseout Begins at $157,500 (Single)/$315,000 (Married Filing Joint).Non-Service Businesses Who Exceed The Phaseout Amount Default to This Limitation: 50% x Wages Reported On Pass Through Business or25% x Wages Reported On Pass Through Business Plus 2.5% x Tax Basis of Depreciable Property.CORPORATIONS Effective 1/1/18Permanent – Meaning No Expiration Date.21% Flat Tax Replaces Graduated Tax Brackets.Territorial System Replaces World-Wide SystemAll Foreign Profits of U.S.

If someone comes to me, I'll send them your way.If you need help in your search or want to verify something don't hesitate to ask.For example: I have clients worldwide and things are just as easy as I e-mail them, talking on the phone.

Hello Cameron,Proxio is a great tool for connecting with brokerages and agents worldwide.