We'll Handle the Numbers
Our Services
Palazzo & Company, LLC services are distinguished by the quality of our work, the expat + local tax experience of our staff, the convenient and personal services we provide to our global clients and their families working a world away, and those who call South Mississippi home. Our value-added services:
Tax Preparation
We know that tax or business issues do not just arise during tax season; that is why our clients can depend on our services year round.
Business Services
Palazzo & Company, LLC provides financial information and tax planning for every type of business entity.
Most Expensive Cities to Work Abroad
Inflation costs are global JM Simpson Hong Kong has been ranked as the most expensive city in which to work and live as an expatriate, according to a new report which underscores the impact of rising living costs on the expatriate market. According to Mercer’s 2022 Cost of Living Index, […]
From bookkeeping to corporate taxes
Vital to any business, bookkeeping is the recording of a company’s financial transactions. Timely and accurate bookkeeping provides business owners with reliable performance measures in order to make strategic decisions concerning revenue and income goals, operations, and financial decisions. Clearly, this is important – the quality of bookkeeping can make […]
Living in Mexico
For those thinking of living outside the United States, consider giving Mexico a look. With over a million expatriates now living there, it is far and away the most popular destination for North Americans seeking to live abroad. Deciding where to live depends on what one is looking for. There […]
School is out for the summer, but tax planning is year-round
Now that the April filing deadline has passed, most people are spending more time thinking about summer vacations than taxes. However, summer is a great time to review withholding and see if summer plans will affect next year’s tax return. Below are some common summertime tax situations and tips to […]
Three lessons to consider before retiring
In considering retirement, the goal is maintain or even increase one’s standard of living. To do this, here are three lessons to consider. Make A Retirement Plan: This is a written income plan that includes income and tax planning, social security strategies, and long-term care and estate plans. “Start saving […]
China, expatriates and taxes
With China’s expatriate community growing due to the nation’s role in the global economy, it might be a good time to examine what expatriate employees should know about China’s individual income tax (IIT) regime. Who Is Taxed? Chinese law states that persons who live on the mainland, or live in […]
Something to smile about in tax year 2022
Now that the filing of 2021 tax returns is over (unless an October 15 extension is requested), it can be fun to take a look at some of the odd, informative and, perhaps, helpful comments about taxes going forward. Tax Day: It wasn’t always April 15. In 1913, March 1 […]
Taxes while living abroad
Expatriates (or expats) are individuals who live or work in a country other than their nation of citizenship. When it comes to taxes, American citizens living as expats are required to file a US federal tax return and pay taxes on their income. Preparing such a tax return is difficult […]
Some Thoughts for a Taxing Day
The due date for filing 2021 tax returns is Monday, April 18th. A day not many Americans look forward to, here are ten facts about taxes that are a bit interesting, somewhat humorous and perhaps relevant. Ancient Greeks Griped About Taxes: Plato once said, “Where there is an income, the […]
Avoiding a Tax Refund Delay
This year especially is not a good time to draw the Internal Revenue Service’s attention. The agency is so understaffed that a mistake on a federal tax return form can delay a refund for months. This happens because an IRS employee must manually process the return, which only adds to […]