Burmeister Consulting - Tax, Real Estate, Contracting & Solar Solutions

Amlo just announced a 20% increase to minimum wage come Jan 1st.
Minimum wage is used to establish the value of certa8n things such as fines, amongst others.

Background:

At Burmeister Consulting, Man Employee and Asa Consultores, we have developed a fiscal and financial model aimed at reducing our payroll costs, generating savings, and increasing the net income of our partners and collaborators.

Today, we offer this solution to you, sharing the benefits, savings, and our experience in implementing our model.

We comply with the provisions of the Constitution of Mexico, Federal Labor Law, Income Tax Law, and Federal Fiscal Code.

By implementing the strategy from your employer registration (Registro Patronal) and avoiding subcontracting of collaborators (Outsourcing) and simulated specialized services (REPSE), we adhere to the new outsourcing reform.

Our 17 years of experience implementing our fiscal portfolio in companies allow us to offer the following benefits:

Labor Reform Implemented in your company's employer registration. We do not offer outsourcing or specialized services.

Legal Certainty, We comply with the provisions of the Mexican Constitution, Income Tax Law, Value Added Tax Law, Federal Labor Law, Federal Fiscal Code, international agreements, and applicable jurisprudence.

Benefits: Exemption from Income Tax on dividends, Savings in payroll costs, Decrease in profit-sharing (PTU) distribution, Integration of bonuses and commissions.

Reduction of social burden and Income Tax payment
Article 123, Section A, Fraction XIV of the Political Constitution of the United Mexican States: "Employers shall be responsible for work accidents and professional illnesses of workers, suffered in connection with or in the exercise of the profession or work they perform; therefore, employers must pay the corresponding compensation, whether it results in death or simply temporary or permanent incapacity to work, according to what the laws determine. This responsibility will persist even if the employer contracts the work through an intermediary."

Article 93 Income Tax Law, Fraction III: "Income tax shall not be paid for the receipt of the following income: Compensation for work-related risks or illnesses, granted in accordance with the laws, collective labor agreements, or statutory contracts."

Article 27 Income Tax Law, Fraction I: "Be strictly indispensable for the purposes of the taxpayer's activity."

Article 475 Federal Labor Law, Title IX: "Occupational disease is any pathological condition derived from the continued action of a cause originating or motivated by work or the environment in which the worker is obliged to provide services."

Flow of the strategy.

Proposal for payroll redistribution is made.

Contract for IERP (Income and Risk Redistribution) Administration is signed, establishing compliance with the Constitution and the collective agreement in accordance with the Income Tax Law.

Application of the medical questionnaire and psychosocial risks to all workers. With the information obtained and an analysis of job positions, the IERP catalog is created.

Operation

Submission of resources as a contribution to the IERP Portfolio.

Corresponding CFDIs are issued.

Dispersion of compensations based on the payroll redistribution layout (point 1 implementation).

Issuance of CFDI to each worker, with the concept of Payment for Work-Related Illness.

Monthly preparation of the medical report based on the IERP catalog.

Beware of contractors!

So, what is the worst thing that can happen if the contractor fails to give the client a factura?

When you decide to sell the property, you cannot deduct construction costs, and the notary will consider such costs to be one (1) peso.

One case where the client is left in a bad situation:

"I purchased a home and had a contractor build me a 2nd floor and a pool; I plan to sell the property. Are there any negative consequences if I do not get a factura from the contractor?"
Yes, when you sell the property, the notary will report the cost of construction to be one (1) peso.

This applies to EVERY peso invested to upgrade the home. Even if you purchased a lot and built a home on it, no factura, no deductions.

Do you see now why you must always demand a factura?

Are you currently in that situation and needing facturas?
Are you facing capital gains on the sale of the home?

Call me,

Gerald Burmeister

How DONATIONS work in México.

There's a lot of different types of donations, however in general:

The organization or person RECEIVING the donation MUST be able to issue a fiscal receipt that's tax deductible.

In order to be able to do so, the person or organization must have or be involved with a CIVIL ASSOCIATION, AC for short.

People traveling and offering activities (SUCH AS YOGA CLASSES) in exchange for donations that end up in their pockets hardly fall into this category.

The donations received are supposed to be to help someone else, not an exchange for services rendered without a price tag.

Learn how to make a distinction.

We will be featured on the radio at 1130am:

you'll be featured on live radio 📻. They can tune in to the show called "ASPHALT: Vallarta’s Own Local All English Radio Show" from 11 am to 1 pm on Radiante 98.3FM. If they're not in the local area, they can listen from anywhere in the world at:
🌍 https://radiante.fm/puerto-vallarta
Plus, they can watch you live on our stream here:
📺 https://www.facebook.com/profile.php?id=100090648097335&mibextid=2JQ9oc

Radiante FM 98.3 - Radio en vivo de Puerto Vallarta Radiante FM en vivo desde Puerto Vallarta la radio # 1 del Pacífico. Noticias, programas de entretenimiento e infantiles y la mejor música del momento.

How can I tell if the rental I'm looking at is possibly a scam?

-It doesn't list taxes
-Prices are in dollars
-It allows you to pay to a person or company abroad.

Your welcome.

Don't find yourself in a last minute binder.
Do things right from the beginning.
Www.mexprofessionals.com

These are the things you will never understand in México:

Here web have FORBES warnimg people about apps that lend money and block 🚫 your phone when you don't pay back. 🙄 what?

Why are we the absolute BEST option for your payroll whether you have 1 or 100 employees?
We have the infrastructure necessary to apply NOM035 and NOM037 to any organization.
By doing so, we achieve ISR EXEMPTIONS other firms cannot.
By applying our ©️ Copyrighted questionnaires to your staff, we will be able to apply constitutional obligations achieving huge tax exemptions within your firm to any number of employees.
The more your employees make, the more beneficial our system is for you as an employer, and for your employees as such.
(Give your partner a great salary!)
Reach out for a FREE COMPARISON EXCERCISE to your NOMINA/PAYROLL.

Gerald Burmeister live: 1136am TODAYAUG 19
Your family and friends can listen to you from 11am to 1pm on Radiante 98.3FM From your radio dial !! Or online from anywhere in the world !! Following this link !! https://radiante.fm/puerto-vallarta Like Vallarta’s Asphalt Page on Facebook so you can watch us live !!

Radiante FM 98.3 - Radio en vivo de Puerto Vallarta Radiante FM en vivo desde Puerto Vallarta la radio # 1 del Pacífico. Noticias, programas de entretenimiento e infantiles y la mejor música del momento.

This is how the government closes loopholes:
SAT is going for landlords accepting cash and deposits abroad without declaring the income here.
How?
If you have a controversy with your renter, (if he stops paying the rent for instance) and you want him out, the judge WILL require you to show your fiscal declarations of income.
If you don't have them it (your claim) WILL NOT PROCEED, and the judge is required to notify SAT.
If you're having one of those rental companies "take care of everything" for you and you're not declaring your income here, you may end up loosing your property for a few years if not forever to a lousy renter that won't leave.
Is it worth it?
www.mexprofessionals.com/fiscal-strategies

Just as we explained.
High availability of appointments right now

Hello!
Last week we helped some of you get started with your Tax ID process and were able to get appointments for September in the Vallarta Office!! Woohoo!
If you're looking to get your RFC, now it's the time.

We're also taking on new clients for Accounting Services, we specialize in Airbnb, Real Estate and Payroll.

Lastly. Keep in mind pagadoras are now illegal. We offer the only legal alternative to pagadoras. Call us today!

www.mexprofessionals.com/payroll
www.mexprofessionals.com/fiscal-strategies

Payroll Solutions | Burmeister Consulting If you have any number of employees you know how much you have to pay for their IMSS and taxes. We can help you lower those costs. We have the only legal strategy available, and we have it copyrighted. Best alternative to the now illegal PAgadoras.

About 35 years ago I became an expat, migrating from CDMX where I was born to the US. My career led me to become a Minnesota Supreme Court Spanish Interpreter, as well as a medical Interpreter. I also got my Real Estate License.
Forward to about 20 years ago, once again I moved countries. this time to beautiful Vallarta! where as most of us do, and having the language and the know-how, I became a realtor right away.
I now run a consulting firm in the PV area where I can help folks deal with things such as taxes, real estate referrals and consulting, insurance, solar installation, amongst other things. (No immigration).
If you have a business in town, rental properties on airbnb, are doing construction, etc, reach out! Let my team and myself analyze your operation and help you navigate and exploit the fiscal system to the max.
I am in charge of communication, rest assured we will be in touch 24/7
Check our blog for useful information
Www.mexprofessionals.com
Photo of a closing last month.

Bit of an explanation

TikTok · MexPros Check out MexPros's video.

Tourism numbers

Are you in the market for a condo you can flip?
Pre-construction in CANCUN
ONLY $1,400,000.00pesos
Send me a message for details.

🚨 El valor del peso mexicano frente al dólar alcanza los $16.87, su nivel más fuerte en los últimos 8 años.

USD dollar just hit:

| Aprobación de AMLO, 11 de julio.

¿Qué opinas de la aprobación de hoy? 👇 https://bit.ly/43g71jL

https://vm.tiktok.com/ZM2QHcm2h/

Helpful video on the Mexican Fiscal system

TikTok · mexpros 51 likes, 8 comments. “Moving to Mexico -estate”

Mexico’s Tax Administration Service to Strengthen Its Supervision of Entities with VAT and IEPS Certifications

Through communication number 030/2023, published on the website of Mexico’s Tax Administration Service (SAT per its initials in Spanish) on July 5, 2023, the SAT agency reported that during the first half of 2023 it detected non-compliance by more than 500 companies in relation to their value added tax (VAT) and special excise tax (IEPS) certification obligations, consisting mainly of entities in the textiles, aluminum, steel and automotive sectors.

Per the foregoing, the SAT indicated that as a result of its findings it has quadrupled the number of inspection visits to companies that have such certifications. These inspections have resulted in the cancellation of 75% of the certifications held by the visited companies, and the imposition of tax liabilities amounting to more than 8.3 billion pesos.

Additionally, the General Administration of Foreign Trade Audit of the SAT reported that it will strengthen the supervision of companies which hold a VAT and IEPS certification in order to combat the improper use of tax benefits granted by such certifications.

Based on the above, companies should promptly review their correct compliance with applicable VAT and IEPS certification obligations, particularly with regard to the timely return of temporarily imported goods, as well as the registration of their operations in Annex 30, to avoid the cancellation of their certifications or the potential levy of tax liabilities. Please contact the authors for questions or for assistance regarding these important tax matters.

The Istmo proyect basically pretends to make the Panama Canal obsolete.
The entire corridor has financial incentives to attract along the line that connects both oceans.
There is a secondary project that connects the entire south of Mexico

There hasn't been a better time to invest in México. You can count on Burmeister Consulting to keep you informed and guide you through your investment process.

The phenomenon seems unstoppable.
Do you know where in México is the absolute hottest investment area right now?
Depends on the industry.
For real estate with the new and the

Reach out for our top 10 developments in

Sometimes people wonder about the cost for accounting services when there is Zero activity to be reported.
The problem is that the accounting work is basically the same as having activity.
Each day of the month needs to be inspected and taken off QUE for income/expenses, and all 3 reports have to be filed.
The waiting time for the SAT system is the same, sometimes our accountants need to take care of business overnight because the system is overloaded.
That's why accounting services are billed monthly whether there's activity or not.

Please, as usual 🙏 reach out if you need assistance. We can offer a consultation or take you as a client.
www.mexprofessionals.com/fiscal-strategies

Accounting Service, Legal & Real Estate Solutions for Expats | A team of professionals at Burmeister Consulting Consulting services for individuals and businesses of Expats moving to Mexico. Payroll and Fiscal Strategies. Accounting (RFC, SAT). Professional Translations. Solar Panels. Moving to Mexico. Real Estate. Burmeister Consulting is your most trusted resource. In business since 2004.

Building in México?

Should you get a FACTURA or not?

Have you heard of capital gains and how to have exemptions?

Another dream come true.
Thank you for placing your trust in us.

We speak on a daily basis with people who invested substantially on their properties and are unable to deduct the investment from their capital gains.
Reach out to us we can help before during and after the fact.

We just added the official Hunter Fan ™️ technician in the area to our list of providers.

New condo?
Welcome! Make sure you don't miss on future capital gains by taking action now.

If you're planning on hosting (renting out) even more important.

New condo? Welcome!
Let us help you achieve all possible future capital gains exemptions by taking actions now. Specially if you're planning on renting out!