Our Mission
To inform and serve US expatriates working abroad and foreign nationals in the U.S. on a rotational assignment program of a multi-national company minimizing their US income taxes and professional fees.
About us
Office in Chicago, Illinois.
We are specialized US income tax return preparation and related consulting services for foreign nationals in the U.S. and US citizens and resident aliens who work abroad. Also, Japanese income tax services are provided by a Japanese business partner.
Experience and service
With 17 years of tax experience with a Big 4 accounting firm, we provide income tax and related consulting services including tax equalization and payroll processing with a highest quality, hands-on service and reasonable service fee.
Expatriate Income Tax Return Service
With User Friendly Online Tax Questionnaire.
We value time of our clients, and highly respect their privacy. For tax data gatherings, our clients complete online questionnaire, so HR professionals do not need to mail traditional paper organizers to assignees. Each assignee log in to our secure website with unique User ID and Password, and their data will be encrypted in the industry highest standard for the transmission. Our tax questionnaire is designed for expatriates and international assignees, who tend to have much information to complete, but our online questionnaire automatically eliminates pages that are not related to them.
East Accounting uses state of the art tax software, which Big 4 accounting firms also use. Our tax calculations are accurate, and we try to save tax cost of our clients. We are very confident with our knowledge of foreign tax credits, foreign earned income exclusions, US-Japan tax treaty, residency elections, and many other international tax matters.
East Accounting has been IRS authorized e-file provider since 2003. We file clients’ tax return electronically, therefore, our clients can save their time and postage.
Our tax preparation service includes, responding to IRS notices, answering assignees questions, and supporting HR professionals for their assignees’ international tax issues.
Payroll Calculation and Processing
We design and customize payroll program for each client
We design payroll system for our clients based on their compensation structure and HR policy. Our staffs collaborate with major payroll service providers to customize the payroll database.
We provide accurate payroll tax calculations and timely filing of necessary forms to federal, state, and local agencies. Our clients outsource their payroll processing to East Accounting, and they are focusing on their core business. They provide payroll data to us, and we take care of the rest of required administrative works, including gross-up tax calculation, fringe benefit calculation, filing tax forms, depositing taxes to agencies, setting up for direct deposits, and other correspondences.
Global HR Consulting
We help implement a tax equalization (TEQ) policy.
TEQ policy is absolutely necessary for a company sending employees abroad to its subsidiary. If there is no good TEQ policy to cover foreign assignments and the tax related issues, the employee would note that his/her salary with effective purchasing power is depleted, in comparison to staying at home. Our tax team is very experienced for TEQ related consultations.
Tax equalization
Expatriate from U.S. subsidiary to Japan Headquarter
Recently, there are more numbers of U.S. subsidiaries of Japanese corporations sending their employees to headquarter in Japan. The company needs to withhold a hypothetical tax from the assignee when the Japan assignment starts, and pay taxes on world-wide income. We provide consulting services and compliance for the expatriate income tax and payroll.
We represent our clients
East Accounting would represent clients on IRS tax audit, State tax audit, and payroll tax audits. We are experienced professionals who know how to handle the audits for the best result, and at the same time maintain a good rapport with the tax auditor.
We will find potential tax savings from your past tax return
East Accounting provides a service that we analyzes your tax return for potential and sometimes substantial tax savings with US-Japan Tax treaty, resident elections, and many other professional tax strategies. While searching for a tax savings, we diagnose it whether there is a risk of penalties associated with any tax violations on your return. If you would like to know more about tax savings, please contact us.
ITIN (Individual Taxpayer Identification Number) application
We are IRS Acceptance Agent. East Accounting is authorized by IRS to assist individuals in obtaining ITIN. We help apply ITIN for your family.
TAX ADVICE NOTICE:
Tax advice, if any, contained in this document does not constitute a “reliance opinion” as defined in IRS Circular 230 and may not be used to establish reasonable reliance on the opinion of counsel for the purpose of avoiding the penalty imposed by Section 6662A of the Internal Revenue Code. The firm provides reliance opinions only in formal opinion letters containing the signature of a partner. The content of EastAccounting.com is for general information purposes only. The information at this website does not in any way constitute legal or professional advice and East Accounting LLC cannot be held liable for actions arising from its use. In addition, East Accounting LLC cannot be held responsible for the contents of any externally linked pages. Without consent of East Accounting LLC, reproducing or copying materials from this website is strictly prohibited.
EAST ACCOUNTING, LLC ― President：Kazuhiro Suye
1985 Joined to Pricewaterhouse, Tokyo Office. Assigned to Paris Office (France)
1995 Manager at Pricewaterhouse Detroit Office, Senior Manager at Chicago Office PricewaterhouseCoopers LLP & Head of Japan Business Group Expatriate Tax Team for all U.S. offices
2003 Established East Accounting LLC
Articles:
1995 New York Benri-cho (Income Tax) – Guide book in New York
1997 JBSD News （Individual Income Tax and Employment Tax）
2000 JBS（Tax）
2002 International Legal Strategy （Tax Equalization – Basics of Tax Equalization and implementation guide）
Member:
National Association of tax Practitioner
National Association of Enrolled Agent
IRS Authorized Agent for Application of ITIN
IRS Authorized e-filer
Japan Business Society in Detroit
East Accounting, LLC
1699 E. Woodfield Rd. Suite 503
Schaumburg, IL 60173
Phone : 847-240-5700
Fax : 847-240-5710
