Yosefa R. Huber, CPA

Thank you Aaron Katsman, Lighthouse Capital for inviting me on *The Aaron Katsman Show* this week! Aaron has been interviewing entrepreneurs all summer, and it was an honor to convey important tax information while also sharing my personal story.

Israeli Entrepreneurship | Tax tips that will help your new business succeed Today's show is practically two shows in one! CPA Yosefa Huber joins us this week to not only share her personal story of starting her business in Israel, bu...

Are you planning your move to Israel? The Nefesh B'Nefesh Mega Event is this Sunday - Sign up for sessions now!

I'll be speaking at 2pm ET/21:00 Israel about U.S. Tax and Aliyah with Ely from Cole & Waxman Tax Services, and at 3pm ET/22:00 Israel about Remote Working, Commuting and taking your job to Israel with Baruch from Route 38.
https://nefeshbnefesh.registration.goldcast.io/events/24aefc8f-c7d7-4b5e-bba4-9583eff57ae6

NBN Virtual Aliyah Mega Event + Innovation.IL Job Fair Join us for a Virtual Mega Event + Innovation.IL Job Fair on Sunday, May 15 at 12:00 PM (EST) for a full day of sessions of Aliyah planning and preparations. Virtual Aliyah Mega Event 12-6 PM (EST) We will cover a wide range of topics including financial planning and budgeting, choosing a community,...

It was a pleasure chatting with Baruch Labinsky of Labinsky Financial about the most frequently asked questions we get about investing. What questions do we ask and why? What investment challenges face US citizens living in Israel? https://www.youtube.com/watch?v=CzmJpNuf2uo

Let's talk about investing - Living in Israel - ft. Baruch Labinsky Yosefa Huber, CPA and Baruch Labinsky, Licensed Israeli Portfolio Manager/Financial Planner, answer our most commonly asked questions.LABINSKY FINANCIAL: Pe...

ATTN: Israeli osek patur/murshe:

Last January חנה אנגל, רואת חשבון Chana Engel CPA and I did a private webinar for a woman's entrepreneur group. The recording, with some updates, is now available on YouTube. It included an overview of Israeli tax and bookkeeping requirements and best practices for entrepreneurs. https://youtu.be/l981vZ4ag6s (Please Like and subscribe! 😉)

Small business in Israel - Tips to make your accountant happy

It was an honor to be interviewed for the inaugural "Aliyah Money Talks" by Aaron Shuchatowitz of Aliyah Money Tips. We discussed some reporting requirements, business tips, and cleared up some common misconceptions about US taxes. https://aliyahmoneytips.com/us-tax-mistakes-in-israel/

The most common US tax mistakes made by Americans in Israel Enjoy the first episode of Aliyah Money Talks!

We’re Hiring! Multiple positions available including full-time and part-time US Tax Preparer, US Tax Accountant, and Senior US Tax Associate

Yosefa R. Huber, CPA is a successful boutique US Tax Firm that provides the highest quality service in individual tax preparation and consulting. We’re a small and dedicated team, and believe strongly in creating a supportive work environment. We do this by committing to a successful work-life balance as well as providing each employee with the tools for long-term success.

You’ll love working with us if you are self-motivated, have a flair for customer service, and thrive on independence and flexible hours. Office located in Haifa, all positions are hybrid, remote or in office (at employee’s preference).

*Responsibilities will vary by position and may include:*
- Preparation of Form 1040 individual international returns and Form 114 FBARs
- Contact clients to gather vital information/documents
- Process error-free data into tax software and PDF forms
- Review of US tax returns, calculations, and projections
- Consult with clients, explain reports, and answer client questions
- Collaborate on projects and keep client statuses current in our advanced client management system
- Administer other related duties and participate in special projects as assigned
- Collaborate with team on general business and client-related issues

*Basic Qualifications:*
- Experience in US/Israel individual tax preparation (on-the-job training will be provided to fill gaps)
- Degree in Accounting or relevant coursework or certification
- Highly comfortable with modern client/project management systems and integrations
- Proficiency in tax preparation software and MS Office Suite
- Detail-oriented and effective communicator
- Native-level English, Hebrew comprehension

We are hiring a variety of experience levels. If spreadsheets and tax refunds make your heart go aflutter, please apply! Please send your CV to [email protected]

Thank you חנה אנגל, רואת חשבון Chana Engel CPA
New Osek patur threshold, adjusted for inflation. Also, make sure you haven't missed any emails from your accountant! They may need information from you in order to prepare your VAT (Ma'am) report due January 31! https://www.facebook.com/chanaengelcpa/posts/1925159214322618?__cft__[0]=AZXoFcYacMkdIIOFm6iH9XcAW4iLV14wFJ6H9NrYzjL18HvtTlV95ccj38jnusNVPgFlXieznSANc7_LxDkuajdWYRrwUn2e9XFmtEq6xs5wE_wsWr8KlCHVU9YbZNCOatiZse63D_xG086YIkOQVTRS&__tn__=%2CO%2CP-R

It's a beautiful week to learn about tax history in Ceasarea, Israel. I thought some IRS rules were rather Byzantine, but this was truly...

ATTN: Israeli residents with low to moderate-income - DEADLINE APPROACHING!

As part of Israel's "Maanak Avoda" program to encourage more workforce participation, the tax authority provides income supplements, also known as "negative income tax." These supplements may also include an extra bonus this year due to COVID and the extensive lockdowns. Even if your spouse earns significantly more than you, you may still be eligible for some portion of this grant.

This site includes a calculator where one can check eligibility: https://www.misim.gov.il/shmaanakavoda/frmFirst.aspx

This site is a great resource for all olim which I highly recommend, and goes more into detail on this grant: https://www.kolzchut.org.il/he/%D7%9E%D7%A2%D7%A0%D7%A7_%D7%A2%D7%91%D7%95%D7%93%D7%94_(%D7%9E%D7%A2%D7%A0%D7%A7_%D7%94%D7%9B%D7%A0%D7%A1%D7%94,_%D7%9E%D7%A1_%D7%94%D7%9B%D7%A0%D7%A1%D7%94_%D7%A9%D7%9C%D7%99%D7%9C%D7%99)

To receive the grant, you need to bring a blank check and your TZ to your local post office branch and ask to fill out the forms for a Maanak Avodah. They will ask for some details regarding your work and bank accounts, so have that info ready. After doing this once in person, all subsequent years can be done through an online portal.

Applying for the grant is completely free.

מענק עבודה (מענק הכנסה, מס הכנסה שלילי) הקדמה: עובדים (כולל שכירים, עוזרות בית ועצמאים) בני 23 ומעלה עם ילדים, או בני 55 ומעלה גם ללא ילדים, שהכנסתם החודשית הממוצעת הייתה בטווח הסכומים שיופרטו בהמשך, עשויים לה....

REMINDER: FBARs are due next week! https://www.hubertaxcpa.com/post/fbar-instructions-download

How-to FBAR 2019/2020: Do you need one? And Most Common Mistakes Free worksheet download. Step-by-step guide to filing the Form 114 FinCEN FBAR, and most common mistakes.

This could be a game-changer for US citizen parents waiting to register their kids. https://il.usembassy.gov/video-interviews-for-children-under-the-age-of-two/

Video interviews for children under the age of two | U.S. Embassy in Israel We are collecting data on the number of parents who are interested and eligible for this new program.  We will also ask you to enter information about the parents and the child, including passport numbers, so please have that ready before clicking.  If you are eligible, the secure video intervie...

As you have probably heard, the American Rescue Plan increased the child tax credits, allowing for a fully refundable credit of $3,000 (ages 6-17) or $3,600 (ages 0-5) for most Americans.

However, this is limited to people who live in the US!

Learn more: https://www.hubertaxcpa.com/actc

Advance Child Tax Credits | hubertaxcpa As you have probably heard, the American Rescue Plan increased the child tax credits, allowing for a fully refundable credit of $3,000 (ages 6-17) or $3,600 (ages 0-5) for most Americans, with no minimum income. However, the law is based on the same qualifications as the “Earned Income Credit” a...

It's an honor to be included in this collaboration of 73 amazing women in honor of Israel's 73 birthday, compiled by Liat Behr. Tips to get back on track after all the madness of 2020. Happy Independence Day Israel! https://successfulwomenofisrael.com/yom-haatzmaut-73-tips-to-help-you-get-back-on-track/?fbclid=IwAR2dPk-OsiHolUNPZkfrqD_o1N_xW3X-CVmLY1Nx0m39-SOMKJoDQNkSC-U

Yom Haatzmaut 2021: 73 Tips to Help You Get Back on Track In my conversation with her for this post, Professor Karine Nahon ( #49) explained to me the Japanese concept of Kintsugi. Kintsugi is the art of repairing pottery by weaving gold into the spaces between the shards of a broken vessel. The philosophy behind Kintsugi is much different from the philosop...

Getting ready for FBAR time - the official exchange rates are out! As always, I've updated my free Excel table. Now with most addresses for banks and pension companies. https://www.hubertaxcpa.com/post/fbar-instructions-download

How-to FBAR 2019/2020: Do you need one? And Most Common Mistakes Free worksheet download. Step-by-step guide to filing the Form 114 FinCEN FBAR, and most common mistakes.

Have you given enough charity this year? How long are you spending gathering all the charitable receipts for your accountant? I'm really excited about the JGive platform, which allows you to give to a number of registered charities to increase your tax deductions, especially in Israel, and keeps all your donations in one organized report!

If you have over 36,000 ILS to donate, check out the JGive Platinum Donor Advised Fund.

https://www.jgive.com/new/en/ils

A World of Giving | JGive Fast. Simple. Secure. Start donation online now with JGive >

I had a great chat with Doug Goldstein, CFP about talking to your family, especially aging parents, about your investments. Check it out here: https://goldsteinongelt.com/podcasts/are-family-financials-secret/

Are Your Family Financials a Secret? - The Goldstein on Gelt Show Does your family’s primary financial caregiver hold their cards close to their chest? Tune in to today’s show with special guest, U.S. accountant Yosefa Huber to discuss the mistakes when family finances aren’t a shared family process.

The FBAR - report of foreign accounts - is due in 2 days! Is yours filed? Click through to download a helpful worksheet. https://www.hubertaxcpa.com/post/fbar-instructions-download

How-to FBAR 2019/2020: Do you need one? And Most Common Mistakes Free worksheet download. Step-by-step guide to filing the Form 114 FinCEN FBAR, and most common mistakes.

I'm honored to be joining Expat Group and Labinsky Financial in an open Q&A forum hosted by Nefesh B'Nefesh for Americans planning to "make aliyah" (move to Israel). Please share with any of your friends and family for whom this may be relevant.

WEDNESDAY, July 1, 2020
1:00 pm EASTERN (20:00 Israel)

Free with advance registration: https://us02web.zoom.us/webinar/register/WN_pCTdLl3_QrGxfoyrfFlbEQ

Welcome! You are invited to join a webinar: Aliyah Open Forum: Taxes and Finances. After registering, you will receive a confirmation email about joining the webinar. This Open Forum is a Q&A style webinar that will cover all things you want to ask about your finances and Aliyah. Bring your questions about TAXES, FINANCIAL PLANNING, INVESTMENTS etc. We are pleased to be joined by three top professionals: Yosefa Huber, CPA - Managing Partner at Yosefa R. Huber, CP...

I recently participated in the Herbal Entrepreneur virtual herbalist conference. It is FREE this week!

There were audio issues, but the transcript is available for download. I discussed some basic accounting/bookkeeping tips, the importance of keeping track of expenses, and valuing your work.

https://herbalentrepreneur.com/conference-2020/sessions/yosefa-huber/

Yosefa Huber - Herbal Entrepreneur

I've created a one-stop-shop to answer the most common questions about Coronavirus Economic Impact payments. I will update is I get new information. Please share with all your US citizen friends who may not have a professional accountant to help them. https://www.hubertaxcpa.com/coronavirus-eip-refund

For US citizens with NO filing requirement: https://www.irs.gov/coronavirus/non-filers-enter-payment-info-here

Do not use this link if you had income over $12,200 ANYWHERE in the world in 2018 or 2019.

Non-Filers: Enter Payment Info Here | Internal Revenue Service Steps to receive the Economic Impact Payment if you haven't filed a tax return for 2018 or 2019, and aren't receiving Social Security, SS Disability Income or Railroad Retirement benefits. This payment is also referred to as "stimulus checks" or "coronavirus relief."

ISRAEL GRANT UPDATE:

Are you eligible for the Israeli government grant?

1. You were born in the year 1999 or earlier
2. Your business was active during 1.9.19-29.2.20
3. Your 2018 tax return was filed
4. Your business taxable income in 2018 was at least ₪24,000
and our total taxable income from all sources in 2018 NOT MORE THAN ₪240,000. (Up to ₪340,000 total household income if you are married.
5. Your March-April 2020 income is at least 25% lower than it was in March and April 2019.

If you opened your business during 2019, you will have to file the 2019 tax return in order to receive the grant.

Applications for the grant will be made via your personal account at mas hachnasa, which requires registration.

It is NOT possible to apply yet.

Thank you חנה אנגל, רואת חשבון Chana Engel CPA for the concise summary!

For further questions, please contact your personal ISRAEL accountant. However, start by making sure you are registered on the mas hachnasa site, and give them a chance to learn the details themselves and contact you! Let me know if you need recommendations for an Israeli accountant based on your personal criteria.

https://www.gov.il/he/departments/news/sa020420-1?fbclid=IwAR0nelNM8tQzfP24jmDgLNuT-Hfa1cGwcwlTY8S19I-dQykVZHg8KYw17fs

הממשלה אישרה תקנות שעת חירום -מענק סיוע לעצמאיים במסגרת התקנות, יקבלו עצמאיים העומדים בתנאי הסף, מענק סיוע בגובה של עד 6,000 ₪ בימים הקרובים האפשרות להגשת הבקשות למענק באתר רשות המסים תפתח בשעה הקרובה לאחר פרסום התקנות ברשומות