Welcome To Our Blog, Your Go-To Resource For Expert Insights On Financial Management For The Yachting Industry.
Foreign Earned Income Exclusion for Yacht Crew Explained
Learn how yacht crew qualify for the Foreign Earned Income Exclusion (FEIE), day count rules, tax home pitfalls, documentation, and red flags.
How Yacht Owners Should Structure Crew Payroll (Without Creating a Tax, Legal, or Compliance Mess)
Crew payroll is one of the largest recurring costs of owning a yacht—and one of the easiest places to accidentally create risk. Here’s a practical, owner-focused framework that keeps things clear, compliant, and audit-resilient without overcomplicating it.
The New $100,000 H-1B Fee: What It Means (And What Yacht Operators & Crew Should Watch)
Explore how the new $100,000 H-1B fee affects yacht operators and crew in 2025, with expert guidance from McGregor Financial Services. Understand the importance of properly scheduling tax filings, such as Schedule C, and managing deductible expenses like travel, training, and equipment to ensure IRS compliance.
Yacht Crew Taxes in 2025: IRS Audits and Red Flags Every Crew Member Should Know
Learn the top IRS audit red flags yacht crew face in 2025 and how to stay compliant with expert tax guidance from McGregor Financial Services. Regularly review your tax documents and maintain control over your financial records to minimize audit risks.
Independent Contractor vs. Employee: What the 2025 Changes Mean for Yacht Crew
Discover what 2025 tax rule changes mean for yacht crew classified as independent contractors vs employees with McGregor Financial Services.
Life After Yachting: Navigating the Mental and Financial Storm of Transition
Discover how yacht crew can navigate financial planning and mental health challenges after leaving yachting with expert guidance from MFS.