Doral CPA: tax strategy for international businesses and LATAM professionals.
Doral is home to the largest concentration of Latin American businesses and families in the Miami metro. We file and plan year-round for clients with cross-border income, foreign accounts, and dual-status residency questions that most CPAs handle only at filing.
Top industries in Doral
Who we work with in Doral.
Doral's economic base shapes the tax profiles we see most often. Each of these industries carries distinct filing requirements and planning opportunities.
Import/Export & International Trade
Doral's proximity to Miami International Airport and its Latin American business community make it a hub for importers, exporters, and freight forwarders. Transfer-pricing considerations and foreign-source income characterization matter here.
Latin American Holding Companies & Family Offices
Many Doral residents hold interests in South American operating companies or family trusts. U.S. reporting obligations — Form 5471, Form 3520, PFIC (Form 8621) — apply even when the underlying entity is not U.S.-based.
Healthcare & Medical Practices
Doral's growing residential population supports a dense network of family medicine, dental, and specialist practices. Owner-physicians face the standard professional-practice tax profile plus, often, cross-border insurance billing and asset-protection considerations.
Tax considerations in Doral
What's different about Doral — from a tax standpoint.
Foreign Corporation Reporting for Doral Residents (Form 5471)
U.S. persons who own 10% or more of a foreign corporation's stock must file Form 5471 with their federal return. Many Doral residents who hold Colombian, Venezuelan, or Argentine operating companies are unaware of this requirement. Failure to file carries a $10,000 per-form penalty, waivable only through reasonable-cause arguments. We include the 5471 screening in every international-client intake.
PFIC Rules for Foreign Mutual Funds and ETFs
Foreign mutual funds — common in LATAM portfolios — are typically Passive Foreign Investment Companies (PFICs) under IRC §1291–§1298. Distributions and dispositions from PFICs are taxed at ordinary income rates plus an interest charge unless a QEF or mark-to-market election was made. Many Doral clients inherit these issues from prior preparers who did not recognize the fund as a PFIC.
Dual-Status Returns for Recent Arrivals
A Doral resident who became a U.S. resident during the year — via green card or substantial-presence test — files a dual-status return: nonresident for the pre-arrival period, resident for the post-arrival period. Elections are available to optimize the transition. We handle dual-status returns as a standard engagement, not a special project.
Florida Sales Tax Nexus for Doral Import Businesses
Doral importers who sell into Florida retail channels — or who drop-ship from Florida warehouses — may have Florida sales-tax nexus. The Florida Department of Revenue enforces economic nexus at $100,000 of sales or 200 transactions annually. We review the Florida nexus exposure for Doral clients before the DOR sends a notice.
Working with Doral clients
How we file and plan for Doral.
Precision Tax Partners works with Doral clients virtually — document portal, e-signature, and video calls for planning sessions. The engagement covers both the entity return and the personal 1040 under a single quarterly fee. For Doral clients working in Import/Export & International Trade, we start with a structured intake that identifies the income sources, entity structure, and filing obligations before we open the return.
Year-round work is the default, not an upsell. Quarterly estimated-tax calculations keep Doral clients from underpaying and facing IRS penalties. S-corp reasonable-comp analysis is documented before December 31, not estimated at filing. Retirement-plan contributions are calculated with time to act on them. A Florida-licensed CPA signs every return that leaves our office.
Pricing is published at /pricing — three tiers, quarterly billing, no hidden fees. Most Doral clients with an entity return start at Growth ($449/quarter). If you want to discuss your specific situation first, Cassandra de la Fe returns messages inside two business days.
Frequently asked questions
Doral tax questions — answered.
Other Miami neighborhoods we serve
We cover all of Miami-Dade.
Ready to work with a Doral CPA?
See pricing. Talk to Cassandra. Decide.
Three quarterly tiers on the pricing page. Cassandra returns messages inside two business days. A licensed CPA on every return.