Experienced & Committed Expatriate Tax Professionals
The mission of Overseas Tax Associates (OTA) is to provide timely and quality tax services to US individuals living and working abroad. We accomplish this mission every day by the use of technology, experience and tax expertise to ensure that our clients receive the highest quality of service.
Overseas Tax Associates
We offer a wide variety of services to expatriates
About Our Company
Overseas Tax Associates was started in 1997 Richard A. Garcia, a Florida Certified Public Accountant. Prior to starting OTA, Richard had worked with Ernst & Young LLP for over 9 years in both the Miami and Mexico City offices.
Since Leaving Ernst & Young, Richard Garcia has assisted thousands of expatriates in filing their federal and state income US tax returns using his 30+ years of experience, latest technology and attention to his clients’ individual needs.
We have a proven track record and look forward to working with you soon!
“While living and working in Mexico City, I was able to experience first-hand the challenges that face an American living overseas. I designed my firm to address these challenges by responding to my client’s tax needs with timely and accurate advice.”
- Florida CPA License #20018
- Bachelor of Accounting, May 1987
- Master of Science in Taxation, May 1988
We Offer Superior Tax Services
We strive to provide our clients with the highest value for fees charged. Our fees are directly related to the difficulty of our client’s tax returns. Factors that influence the complexity of our client’s tax returns include location of overseas assignment, location country taxes, currency fluctuations, amount and type of personal investments, state tax filings etc.
Schedule a Free Virtual Consultation
Take the next step and book a date for a free consultation on our calendar scheduling system (below). Taking care of your expatriate taxes can be stressful, complicated, and tiring. Let us show you what we can do for you!
*Times And Dates Are Eastern Standard Time (EST)*
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Testimonials
I wish I had contacted Richard earlier in my life. Like most people I assumed I understand my taxes and my financial decisions were sound. Once I hired Richard and reviewed my first few returns, only then did I realize how little I knew. Even if you are not working overseas where things get so very complicated, it's worth seeking his advice and services. I can not recommend Richard enough, you will not regret it. I can honestly say my financial health has been vastly improved thanks to a combination of my labour and Richard's excellent counseling on my tax returns and tax related decisions. Without him, my finances would not be in such a healthy state.
Richard was great! I had a significant change in my life that resulted in some fear in doing my Taxes this year. Richard was very accommodating and helpful. He addressed all my concerns and warned me about some other tax situations that I was unaware of and which could have costs me significantly. Highly recommend Richard and I will continue to use him in the future.
Positive: Professionalism, Quality, Responsiveness, Value I´m an expat in Mexico with a complex taxing situation because of the nature of my work. Richard did a fantastic job with an excellent outcome. He is extremely professional, very responsive and a true expert managing expat taxation. I´m very satisfied and will continue using services next year.
Latest News
IRS Ends Automatic Penalties for Late Filed Foreign Gift and Bequest Forms
The IRS will end its practice of automatically assessing penalties for the late filing of forms dealing with foreign gifts and bequests, a change long advocated by the AICPA and the Taxpayer Advocate Service. National Taxpayer Advocate Erin Collins discussed the updated policy in a Thursday blog post (https://www.taxpayeradvocate.irs.gov/news/ntablog/irs-hears-concerns-from-tas-and-practitioners-makes-favorable-changes-to-foreign-gifts-and-inheritance-filing-penalties/2024/10/), the same day IRS Commissioner Danny […]
IRS Cannot Assess 5471 Penalties Rules The Tax Court
April 3, 2023 (Washington D.C.) In a decision that is sure to be challenged by the IRS, the United States Tax Court (Farhy v Commissioner, 160 TC No.6, 3 April 2023) ruled that “Congress has explicitly authorized assessment with respect to myriad penalty provisions in the Code, but not for [Form 5471 penalties].” The Tax […]
High Court rules FBAR penalty is imposed per report, not per account
February 28, 2023 The U.S. Supreme Court held today in a 5-4 decision that the $10,000 penalty for a non-willful failure to file a Report of Foreign Bank and Financial Accounts (FBAR) for foreign accounts accrues per report, not per account (Bittner, No. 21-1195 (U.S. 2/28/23)). The decision resolves a split between the Fifth and Ninth […]
