Berntson Porter Coronavirus Resource Center Details

BP Blogs

LIKE WHAT YOU READ? Share this article :

Conquering International Growing Pains


International expansion has become a critical phase in the overall health and survival of more and more companies in today’s economic market. Companies may make this leap by opening a foreign office, purchasing a foreign competitor or by merely expanding sales force activity.

Foreign business advancement can provide invaluable opportunities, but it can also bring new challenges such as foreign currency and sales reporting, expanded Federal tax reporting requirements and transactional tax considerations.

Are you a CFO, CEO or business owner considering foreign expansion, or want to understand further the reporting requirements for both businesses and individuals? Join us Wednesday, September 23rd from 2:00-4:00PM for an information seminar on the opportunities and challenges of entering foreign markets. At the seminar, we’ll discuss:

  • Taking the next step in your business’s lifecycle
  • Additional accounting and recordkeeping requirements for foreign transactions
  • Disclosures of foreign transactions for GAAP financial statements
  • Federal tax reporting requirements for businesses with foreign operations
  • Penalties for failure to comply with Federal disclosures of foreign activities
  • Potential state tax opportunities
  • Things to consider when acquiring a foreign company

Special guest, Juan Rivero, of Rivero & Olivares in Mexico City, Mexico, will also be presenting cultural issues, reporting requirements and practical considerations U.S. businesses must tackle before, during and after expansion into Latin American economies.

Space is limited! To learn more and register, contact Amy Ellisor at or 425.289.7630.


New Name, Same People and Service You’ve Known for Years.

Berntson Porter is excited to announce that we are now part of CBIZ & MHM (Mayer Hoffman McCann P.C.). Together, CBIZ & MHM are one of the nation’s Top Ten accounting providers, and Berntson Porter is honored to be joining them. We are pleased to be able to offer the same people and the same service you’ve known for years under a new name: CBIZ Berntson Porter. Please click here for more information.