Business Details
Trusted International Tax Consultants in Irvine, CA
Promlap & Associates, CPAs is an international tax consulting firm dedicated to providing specialized expertise for individuals and businesses navigating cross-border tax complexities. Our team recognized a gap in reliable middle-market resources for international tax matters and built a practice focused on personalized service and technical excellence. With over 17 years of experience in international tax compliance and planning, we serve clients globally, including privately held companies, family offices, private equity funds, and high-net-worth individuals. Our proactive approach ensures clients receive timely updates on tax law changes affecting their operations, while our modern, paperless workflow streamlines communication through secure online portals and electronic filing systems.Direct partner accessibility and cost-effective solutions distinguish our commitment to client-centric service, emphasizing transparency and responsiveness with 24-hour email acknowledgment. We specialize in inbound and outbound tax issues, subpart F regulations, foreign tax credits, and FATCA implementation, leveraging deep industry knowledge to deliver strategic planning for real estate investments, business acquisitions, and expatriate compliance.
Services
International Tax Consulting
Tax Compliance
Bookkeeping Services
Financial Statements
Real Estate Tax Consulting
Tax Planning
US Expatriate Compliance
Delinquent Tax Returns
FIRPTA Compliance
Tax Reform Planning
Highlights and features
- We prioritize timely communication with clients, responding to emails within 24 hours.
- Our team offers extensive experience in international tax compliance and planning.
- We utilize a paperless environment with secure online portals and electronic filing.
- We proactively inform clients about tax law changes affecting their businesses.
- Clients have direct access to partners for personalized service.
Associations and certifications
- California CPA Board
Services
International Tax Consulting
Our international tax consulting services provide strategic guidance for cross-border investments, compliance, and restructuring. We specialize in subpart F regulations, foreign tax credits, and FATCA implementation, helping clients minimize liabilities while maintaining regulatory compliance. With expertise in both inbound and outbound tax issues, we support businesses and individuals in navigating complex global tax landscapes.
US Expatriate Compliance
We assist U.S. citizens living abroad with tax return filings, foreign account disclosures, and compliance under streamlined procedures. Our team ensures adherence to evolving expatriate tax requirements while optimizing tax positions through strategic planning for global income and investments.
Real Estate Tax Consulting
Our real estate tax consulting addresses structuring for foreign investors in U.S. property markets, including IRC Section 1031 exchanges and FIRPTA compliance. We provide acquisition/disposition planning and withholding solutions tailored to international real estate transactions, ensuring tax-efficient outcomes for cross-border investments.
Tax Reform Planning
We help clients adapt to changes from the Tax Cuts and Jobs Act, focusing on implications for multinational operations and investment structures. Our planning services include entity restructuring, repatriation strategies, and compliance adjustments to align with updated international tax frameworks.
Delinquent Tax Returns
We assist clients with overdue U.S. tax filings through IRS streamlined procedures, addressing penalties and compliance gaps for expatriates and foreign entities. Our process ensures accurate historical reporting while minimizing liabilities through voluntary disclosure frameworks.
People
William Promlap
Partner
William Promlap, CPA, specializes in international tax consulting with 17+ years of experience. He advises private equity, real estate, and technology clients on cross-border compliance, subpart F regulations, and FATCA implementation, previously serving as a Tax Principal at HCVT LLP.
Questions
What international tax services do you specialize in?
We specialize in cross-border compliance, expatriate tax planning, real estate investment structuring, subpart F regulations, and FATCA implementation for individuals and businesses.
Do you handle delinquent U.S. tax returns for expatriates?
Yes, we assist with late filings through IRS streamlined procedures, including penalty abatement and voluntary disclosure frameworks for U.S. citizens living abroad.
How do you support real estate investors with international tax needs?
We provide IRC Section 1031 exchange planning, FIRPTA compliance, and acquisition/disposition structuring for foreign investors in U.S. property markets.
What technology tools do you use for client collaboration?
We utilize secure online portals, Docusign for electronic signatures, and electronic tax filing systems to streamline document sharing and communication.
How quickly can I expect responses from your team?
We acknowledge emails within 24 hours and prioritize timely communication, ensuring clients receive critical information when needed.
