Global Wealth Protection Plan

Smart Compliance & Tax Strategies for International Families.

Overview

If you have assets in China and high-earning children in the U.S., you are sitting on a "Tax Goldmine"—but only if you have the right structure. Our Global Wealth Protection Plan is designed to bring your foreign assets into full IRS compliance while using them to slash your family's U.S. tax bill.

What We Do for You

1. Total Foreign Asset Compliance

We make your global assets "IRS-proof" by handling all complex reporting requirements:

• FBAR & FATCA: Expert filing of all foreign bank accounts and pensions to avoid massive penalties.

• China Property Reporting: We report your Chinese rental income and use Foreign Tax Credits so you never pay tax twice.

• Gift Tax Strategy: We handle Form 3520 so you can move money to your children as tax-free gifts, safely and legally.

2. Family Tax Shield

We turn your parents' assets into your children's tax deductions:

• Family LLC Setup: We move your California rental properties into a family-run business.

• W-2 Tax Reduction: We use the STR (Short-Term Rental) Loophole and Accelerated Depreciation to create massive tax losses that offset your children's high salaries.

3. Retirement Growth Engine

We build a tax-free future for your family:

• Solo 401(k): We set up private retirement accounts for your family business.

• Annuity Rollover: We grow your wealth in tax-deferred annuities, providing a guaranteed lifetime income for the parents and a legacy for the children.

The Result: A 5-Year Financial Roadmap

You won't just get a tax return; you will get a written blueprint that shows:

• Year-by-Year Tax Savings: See exactly how much your family saves.

• Audit-Ready Protection: All documentation required to defend your strategy.

• Asset Protection: Legal structures that separate your business and personal risks.

Why Choose USIP Accounting?

We specialize in the unique intersection of U.S. tax law and Chinese asset structures. We don't just file forms; we design the future of your family’s wealth.