New Jersey CPA | Dimov Wasserman CPA

July 31, 2025

International Tax Support from DIMOV WASSERMAN in New Jersey

DIMOV WASSERMAN is a Certified Public Accounting (CPA) firm based in New Jersey, specializing in services such as tax preparation, accounting, and business consulting. The firm serves both individuals and businesses, focusing on personalized, proactive financial strategies to help clients maintain compliance and achieve long-term financial clarity.

Dimov Wasserman CPA

105 Creek Crossing Blvd

Hainesport, NJ 08036

(609) 265-1590

DIMOV WASSERMAN CPA offers specialized international tax support for both individuals and businesses in New Jersey who are dealing with foreign income, overseas assets, and cross-border operations. The firm’s services are designed to bring clarity to U.S. taxpayers facing international obligations—whether through residency abroad, foreign investments, global partnerships, or dual citizenship. With rising IRS enforcement around offshore disclosures, DIMOV WASSERMAN ensures full compliance and strategic efficiency.

What Types of International Tax Issues Are Covered?

The firm works with a wide range of scenarios involving global taxation. Key areas of expertise include:

  • Foreign Earned Income Exclusion (Form 2555): Reducing U.S. taxable income for qualified expats
  • Foreign Tax Credit (Form 1116): Avoiding double taxation on income taxed abroad
  • FATCA Reporting (Form 8938): Disclosure of foreign accounts and financial assets
  • FBAR Compliance (FinCEN 114): Reporting of foreign bank accounts over $10,000
  • Controlled Foreign Corporations (Form 5471): For U.S. shareholders of foreign entities
  • GILTI and Subpart F Tax Planning: Advanced strategies for global business income

Who Typically Seeks This Support?

DIMOV WASSERMAN serves a diverse international tax clientele, including:

  • U.S. citizens living abroad who must file U.S. returns annually
  • Dual citizens managing passive or earned income in two countries
  • Immigrant families with property or inheritance structures overseas
  • Small business owners running foreign subsidiaries or online sales channels
  • U.S.-based investors in international stock portfolios or foreign real estate

New Jersey Residents with Global Ties

Even if you reside full-time in New Jersey, holding foreign assets or earning income from other countries can trigger international reporting requirements. tax preparation services new jersey DIMOV WASSERMAN helps NJ residents understand:

  • When foreign rental income needs to be reported
  • How to report and deduct foreign property taxes
  • The correct treatment of foreign pensions or trusts
  • Whether treaty benefits apply between the U.S. and the country of origin

Integration with Business Filings

For businesses, international compliance often extends beyond personal income. DIMOV WASSERMAN can assist with:

  • Transfer pricing documentation for cross-border transactions
  • Entity structuring for U.S. companies expanding abroad
  • U.S. tax impacts of foreign payroll or contractors
  • Coordination with foreign tax advisors for joint compliance

Technology for Secure Global Engagement

The firm’s secure portal makes it easy for international clients to collaborate remotely. Whether sending a foreign tax return from Europe or uploading Hong Kong bank documents, clients receive encrypted communications, multi-device compatibility, and timezone-sensitive consultation scheduling.

IRS Streamlined Filing Procedures

For https://new-jersey-cpa.s3.us-east.cloud-object-storage.appdomain.cloud/new-jersey-cpa/can-dimov-wasserman-manage-taxes-for-families-or-business-partners.html expats or taxpayers who are behind on their U.S. filings, DIMOV WASSERMAN helps prepare filings under the IRS’s streamlined offshore compliance program—reducing penalties and bringing clients into good standing.

Conclusion

International tax rules are among the most complex in the U.S. code, but with the right CPA partner, global exposure doesn’t have to become a liability. DIMOV WASSERMAN provides expert-level international tax guidance to New Jersey residents and global filers alike—helping ensure compliance, minimize tax burden, and reduce audit risk for individuals and companies navigating the global financial landscape.