News & Insights
The MFS article library — tax, accounting, payroll, and financial guidance for yacht owners, yacht crew, and marine businesses.
152 articles
Featured
GuideYacht Ownership
A boat loan calculator shows the payment—not the full ownership budget. See a worked yacht example covering operating costs, upfront cash and reserves.
No articles match these filters.Explore servicesorspeak with an advisor.
Reconstructing a former captain’s accounts, preparing two prior-year returns and organizing financial statements for the mortgage process.
GuideIRS Notices / Tax Resolution
Received IRS Notice CP71 or CP71C? Learn how to check the balance, dispute errors, arrange payments and understand tax lien and passport warnings.
AnalysisMaritime / Yacht Financial Management
A yacht accountant’s method for monthly owner funding: available cash, commitments, charter receipts and a worked cash-flow example with payment timing.
GuideYacht Crew Payroll / Employer Compliance
Paying a yacht payroll provider does not always settle the employer’s IRS liability. Learn how to verify deposits and distinguish third-party payroll arrangements.
GuideYacht accounting, U.S. tax and owner-side financial analysis
There is generally no automatic way to sell a depreciated yacht for a gain over its adjusted tax basis, keep the proceeds and erase Section 1245 recapture. Legitimate planning can sometimes defer, reduce or avoid recognition through a qualifying transfer.
AnalysisYacht accounting, ownership budgets and owner-side financial analysis
A hybrid yacht can cost less to operate in a suitable usage pattern, but lower total ownership cost depends on the acquisition premium, energy use, servicing, battery costs and resale proceeds.
News UpdateReal estate investor accounting, tax planning and portfolio analysis
Smaller independent rental businesses generally fall outside the 350-home institutional threshold. Businesses connected to larger platforms need a closer review of ownership and control.
AnalysisYacht accounting, ownership budgets and owner-side financial analysis
After closing on a pre-owned yacht, retain accessible funds for unpaid survey-related work, committed refits, startup costs, insurance, an operating runway and a separate contingency.
News UpdatePrivate client tax planning and investment coordination
A properly qualifying Section 351 contribution may defer recognition of gain. It does not automatically eliminate the gain, and contributing appreciated stocks to an ETF is not enough by itself to qualify.
News UpdatePrivate client protection and financial administration
Yes. Someone who obtains your identifying information may attempt to file a fraudulent tax return in your name. Protect credentials, obtain an IRS Identity Protection PIN and control how tax documents move between people.
GuideYacht accounting, U.S. tax and owner-side financial analysis
An eligible yacht owner should compare claiming 100% bonus depreciation with making a valid election out. The better choice depends on when deductions become usable, tax rates, other assets affected by the election and the expected sale or change in use.
GuideYacht Ownership
Boat insurance cost in 2026: published averages start in the low hundreds, but yacht insurance depends on value, location, use and deductibles—especially in Florida.
GuideReal Estate Tax Planning
Short-term rental losses can sometimes offset W-2 income, but classification, participation, personal use and other limits control the result. See where cost segregation fits in 2026.
GuideTax Planning
Review six 2026 year-end tax decisions, including estimated payments, SALT, charitable gifts, investment losses, business purchases and retirement plans.
MFS GuideYacht Ownership
The purchase price buys the yacht. It does not fund the crew, dockage, insurance, repairs or next yard period. Before buying at FLIBS 2026, compare the full first-year cash requirement with the annual budget you can sustain.
GuidePayroll
Explore yacht crew costs beyond salary, with three illustrative budgets covering relief crew, benefits, travel, recruitment and employer payroll taxes.
AnalysisPayroll
A Cayman flag and foreign ownership did not shield a Florida yacht operator from U.S. payroll taxes. The DAF Charters case explains why the employer’s tax classification mattered—and what yacht owners and management companies should review.
AnalysisPayroll
Unpaid yacht wages can become more than an employment dispute. They can create claims against the vessel itself. The M/Y Blue Star litigation shows why clear payroll calculations, contracts and expense records matter when yacht funding breaks down.
What the 2013 Allegro Ventures maritime employment dispute reveals about yacht captain classification, payroll responsibilities, employment contracts, and the financial risks of treating crew as independent contractors.
AnalysisPayroll
A permanent yacht crew contract does not automatically guarantee wages until medical recovery. The Utopia IV dispute shows why owners and managers must distinguish wages, maintenance and medical care—and document the basis for each payment.
Managing yacht crew payroll requires more than paying salaries on time. From crew changes and employment arrangements to payroll taxes, funding and reporting, a structured process helps owners and captains maintain control, reduce administrative errors and keep vessel operations running smoothly.
News Update
Florida’s proposed homestead exemption increase could lower property taxes for some owner-occupied homes starting in 2027, but many Canadian-owned Florida properties may not qualify. The planning issue is eligibility, timing, and cash flow—not just the headline.
Florida mortgage rates remain high, and that changes the math for buyers and rental property owners. The key question is not just where rates may go next, but whether a property still works on today’s financing terms.
The IRS says eligible taxpayers affected by ongoing events in Israel may have certain return and payment deadlines postponed to Sept. 30, 2027.
GuideYacht Owners
Buying a yacht in 2026 requires tax planning before closing. Depreciation, ownership structure, and IRS updates can affect deductions, timing, and annual cash flow.
The Federal Reserve’s October 2. 2026 enforcement action with Ontario Bancorporation matters to business owners because banking compliance issues can add friction to business financing.
GuideCharter
A yacht charter loss does not automatically lower your tax bill. The key question is whether the loss is passive or nonpassive, whether you materially participated, and whether any additional loss limits prevent the deduction from offsetting other income this year.
An inherited property may arrive with a familiar low tax bill, but your federal tax basis usually changes and state property tax treatment may not follow the same logic. That gap can affect holding costs, sale planning, and cash flow almost immediately.
News Update
The IRS is putting fresh emphasis on whistleblower enforcement and coordination with the UK tax authority. For taxpayers with cross-border structures, that increases the practical risk that private tax information becomes an audit, collection, or penalty issue.
Analysis
California’s proposed billionaire tax and Washington’s shifting high-income tax debate matter before you move, not after. A Florida relocation can change future taxes, but it does not automatically end every prior-state filing or audit risk.
GuideYacht Owners
A yacht sale can create taxable income even when the vessel sells for less than you paid. The reason is depreciation recapture under Section 1245, which changes how net proceeds should be modeled before you accept an offer.
Recent yacht tax changes affect ownership cost, financing assumptions, and state tax exposure. Here is what has changed and what to review before relying on deductions.
GuideYacht Crew
Many American yacht crew assume income earned outside the United States or aboard a foreign-flagged vessel is automatically outside the U.S. tax system. That is not how the rules work. U.S. citizens generally report worldwide income, and offshore work often creates filing obligations even when some income may later qualify for exclusion.
News UpdateYacht Crew
ISA Yachts says its Classic 65 and Unica 45M projects have entered outfitting, a key construction milestone. For maritime businesses, the update matters for yard exposure, supplier commitments, and operational planning—not as a signal of near-term delivery.
MFS GuideHealthcare / Tax Planning
Locum tenens taxes for physicians usually turn on 1099 versus W-2 treatment, tax home, whether an assignment is temporary, reimbursements, and which states require a return. Deductibility is fact-specific and is not automatic.
MFS Opinion
Mortgage interest can still be deductible in 2026, but the tax result depends less on the size of the loan than many people assume and more on what the property is, how the borrowed funds were used, and where the deduction belongs on the return.
MFS GuideHealthcare / Tax Planning
An S corporation election can change how a 1099 physician pays employment taxes, but it does not make clinical profit tax-free. Reasonable compensation, payroll, retirement plans and compliance costs determine whether the structure is worth the extra administration.
The SEC is seeking comment on whether the CFA designation should qualify individuals for accredited investor status.
News Update
Property tax delinquency is getting more attention again, but the real exposure for real estate investors is still local. County-level data is most useful not as a national headline, but as a sign of collection stress, municipal pressure, and property-level underwriting risk.
MFS GuideHealthcare / Tax Planning
Quarterly estimated taxes for 1099 physicians exist because contractor payments usually arrive without withholding. The useful plan is a current-year projection, a prior-year safe-harbor check, and a cash reserve that is not the same as a payment.
The delay in most rental-property tax returns is usually not the tax form itself. It is missing support: acquisition records, income detail, expense backup, and prior-year depreciation information that determines whether Schedule E is accurate.
FinCEN has withdrawn a proposed rule targeting certain digital-asset transactions, removing one potential compliance layer. For businesses with crypto exposure, the key is knowing what is now off the table—and which existing anti-money-laundering rules still apply.
A new Tax Court decision filed on September 21, 2026 adds another reminder that LLC tax treatment is not just a formation choice; it is an operating reality the IRS will measure against its own rules.
The IRS has reminded homeowners to review available tax benefits, but the practical value of those benefits in 2026 still depends on how the return is prepared, especially whether itemizing produces a real tax benefit. For homeowners and real estate investors, the key question is not just what deductions exist under IRS guidance, but which home-related deductions are actually usable, supportable, and worth planning around.
A new 138-foot hybrid superyacht highlights the shift in vessel design. For owners and operators, the bigger question is how purchase structure, operating use, and documentation affect the vessel’s true cost.
A September 22, 2026 Tax Court memorandum decision in *Toscano Holdings, LLC, Toscano Investments, LLC.
Physicians with hospital wages and separate locum tenens or moonlighting income often discover that strong W-2 withholding does not fully cover taxes on their side work. The main planning issue is not just what you owe, but when you need to pay it, what you can deduct, and how to keep the two income streams coordinated.
GuideYacht Owners
For yacht owners, the tax result is usually determined by records, use logs, and cost classification long before the return is filed.
Florida Amendment 3 is being discussed as a tax-cut measure, but the practical issue for property owners is not a headline savings claim by itself. For homeowners and investors, the more useful question is whether any reduction in one tax line is later offset by other costs, shifted obligations, or pressure on local funding. Because the proposal remains under discussion rather than finalized, it is best used as a planning scenario, not a booked savings assumption.
The IRS has formally eliminated 71 pieces of outdated Internal Revenue Bulletin guidance, a housekeeping move intended to improve clarity and reduce reliance on material the agency no longer considers necessary. For affluent households and closely held businesses, the practical issue is not the announcement itself but whether any older positions, memos, or compliance workflows still point to guidance that has now been withdrawn.
The IRS has updated the planning documents that often foreshadow exempt-organization guidance. For private foundations and charitable structures, this is an early compliance signal, not yet a rule change.
Real estate investors can still use Delaware Statutory Trust structures in like-kind exchange planning, but the more immediate planning issue is timing: current IRS Opportunity Zone relief remains defined by prior federal guidance, while bonus depreciation strategy depends on asset timing and facts, not broad assumptions. The practical question is which parts of your gain deferral and depreciation plan are actually supported by current authority.
News UpdateNews
If you obtained an extension for your individual return, the filing window is closing. The immediate issue is not just compliance; it is avoiding avoidable penalties, preserving clean records, and preventing a late filing from spilling into broader tax planning.
News UpdateNews
Aircraft bonus depreciation in still creates timing opportunities, but buyers need to separate current IRS guidance from older 100% bonus rules.
MFS OpinionCharter
Quay 7 Superyacht Marina is being presented as a high-end facility for large yacht traffic in Cape Town, and the broader narrative is that it supports the city’s rise as a more established superyacht destination. For maritime businesses, the immediate issue is less the branding and more the operational and financial impact if that positioning starts converting into sustained vessel activity.
Banks are expanding AI use quickly while regulators focus on governance, oversight, and model risk. That can affect how your company is reviewed and served.
Texas has issued current guidance confirming that its franchise tax treatment of depreciation is being updated to follow federal law more closely, including the effect of the OBBBA on bonus depreciation. For real estate investors using Texas entities, the immediate issue is not headline tax reform—it is whether prior margin assumptions, cost recovery timing, and report calculations still hold.
MFS GuideHealthcare / Tax Planning
A 1099 physician may generally deduct ordinary and necessary business expenses connected with independent medical work, subject to the facts and applicable tax rules.
MFS GuideReal Estate Tax Planning
A practical analysis of study costs, depreciation timing, passive loss limits and sale consequences for rental property owners.
AnalysisBusiness Tax Planning
An S corporation election can reduce employment taxes, but salary, payroll costs and QBI determine whether it improves an owner's bottom line.
MFS GuideReal Estate Investors
Follow a Florida investor from closing to the first tax return and learn how rental expenses, depreciation and mortgage payments affect taxable income.
MFS GuideFlorida Mortgages
Strong business revenue does not always translate into the same qualifying mortgage income. See how lenders examine sole proprietor and S corporation returns.
MFS GuideReal Estate Investors
Two investors can own similar vacation rentals and face different tax outcomes. See how guest stays, participation, personal use and records affect losses.
In South Florida, financing cost can change the economics of a deal more quickly than a modest move in price. Here is how MFS thinks investors should frame that tradeoff.
MFS GuideTax Planning
A practical 2026 year-end checklist for high earners coordinating compensation, business profit, investments, charitable giving and rental property.
Case StudyCharter
Yacht owners who offset income with charter losses need to assume the IRS is looking closely at whether the activity is a real business or primarily personal use with tax packaging around it. The planning issue is not just deductibility; it is documentation, operating facts, and whether your ownership structure can withstand an audit.
AnalysisYacht Owners
The purchase price is only the start of the tax and cash planning. For a new yacht owner, the first-year budget is usually shaped just as much by ownership structure, operating use, and reserve decisions as by the closing itself.
News UpdateNews
U.S. taxpayers with New York second-home or investment property exposure should treat this as a planning issue now, even without a complete public record to rely on. For real estate investors, the immediate risk is not just a possible tax change, but whether added carrying-cost pressure affects entity structure, liquidity, and documentation.
The Treasury Department and IRS have announced steps aimed at preventing private schools that engage in racial discrimination from qualifying for or keeping…
News UpdateBusiness
A family faces a disputed $736 million IRS gift-tax assessment over GRAT transactions. See how GRATs work, why promissory notes matter, and practical examples.
AnalysisYacht Owners
Coral Ocean is for sale at €99M after Ian Malouf’s reported $50M buy and €35M rebuild. See the real yacht economics behind refit cost, charter revenue and owner return.
Revolut founder Nik Storonsky denies owing Cecil Wright & Partners €17.5M over the reported €350M purchase of Lürssen superyacht Nixie.
How owner personal use affects charter economics, documentation and tax analysis for a yacht operated as a charter business.
H.R. 10153 could create FEIE relief for qualifying U.S. merchant mariners, but it is only proposed legislation and most yacht crew likely do not qualify.
Yacht charter accounting must track gross revenue, commissions, APA, crew, owner funding, personal use, OPEX, CAPEX, refits, reconciliations and tax-basis records.
AnalysisYacht Owners
Eric Schmidt's Whisper yacht is reportedly listed near $172.5M. See the real ownership math: purchase price, charter income, operating costs, refits and opportunity cost.
News UpdateBusiness
Tax-aware long-short investing may let a portfolio pursue growth while realizing selected tax losses. Learn how gain deferral, capital-loss use, wash-sale rules, leverage and exit planning affect the strategy.
A $10 million yacht can require $14.66M in first-year liquidity and $2.49M per year to operate. See crew, fuel, dockage, charter, refit and resale costs.
Where a $100,000 yacht charter fee actually goes after commissions, APA, crew, operating costs and owner economics.
A $25 million yacht can require $4.76M a year and nearly $397K a month to fund. See crew, fuel, dockage, insurance, charter offset and five-year cost.
Illustrative first-year and annual operating costs for a $5 million yacht, including crew, dockage, insurance, maintenance and reserves.
A $50 million purchase can require $62.4M in year-one cash, $8.7M of annual owner funding and more than $110M before resale over five years.
Can charter income make a yacht pay for itself? See the real math for $5M, $10M and $25M yachts, including APA, commissions, owner use and break-even weeks.
Compare 2026 yacht ownership costs across $1M–$50M yachts: crew, fuel, insurance, dockage, maintenance, repairs and refit reserves by vessel size.
See what yacht owners actually keep after commissions, charter costs and annual OPEX—with 6, 10, 14 and 18-week profit and ROI scenarios.
Can $1 million in yacht charter revenue become owner profit? See what remains after commissions, operating costs, APA treatment and financing.
A $500,000 salary is high income—but taxes, housing, childcare and lifestyle commitments can leave surprisingly little investable cash. Here is how to turn income into lasting wealth.
The federal estate-tax exemption is $15 million in 2026. IRS rules show why families far below that amount can still face major tax and inheritance issues.
BRABUS yachts can cost from approximately $148,000 to more than $1.4 million before tax. See every Shadow model’s price, fuel use, financing payment, Florida tax, VAT exposure and estimated five-year ownership cost.
Use the 2026 wealth-building stack to prioritize emergency cash, debt, 401(k), HSA, IRA, real estate, brokerage accounts and business capital.
GuideYacht Owners
The cost of buying a yacht extends far beyond the purchase price. See a 2026 first-year budget model covering tax, insurance, crew, dockage, fuel, maintenance, financing and reserves.
GuideMortgages
Learn the complete financial planning system for yacht crew in 2026, including taxes, FEIE, investing, retirement planning, mortgages, and wealth building.
AnalysisYacht Owners
HEMISPHERE is listed for €38.5 million after a major price reduction. See the estimated first-year ownership cost, charter income, crew payroll, operating budget, taxes and break-even analysis.
The 2026 yacht market has fewer pre-owned sales but higher average values, more listings and more price reductions. Learn what buyers should examine before purchasing.
GuideYacht accounting, U.S. tax and owner-side financial analysis
Possibly. A yacht tax write-off depends on genuine business use, strong records, personal-use and loss limitations, plus potential recapture on sale.
Are yacht crew meals deductible in 2026? Learn how Section 274(o) affects crew provisioning, charter guests, APA expenses and luxury yachts.
The Fed held rates in July 2026, but mortgage rates can still move. Learn what yacht crew, self-employed buyers, and refinance candidates should do now with documentation, rate locks, and affordability planning.
GuideYacht Owners
Florida's yacht sales and use tax can reach thousands of dollars, but state law limits the total tax on each boat purchase or use to $18,000. This guide explains the cap, out-of-state purchases, nonresident exemptions, delivery planning and the documentation deadlines yacht buyers cannot afford to miss.
News UpdateYacht Owners
Wondering how much yacht charters make in 2026? See real-world revenue, APA, broker commissions, operating costs, and profit examples for 50ft, 80ft, and 130ft charter yachts.
See the 12 monthly financial reports every yacht owner should receive, from budgets and cash forecasts to payroll, APA, refits and tax-ready records.
AnalysisYacht accounting, U.S. tax and owner-side financial analysis
A yacht closing before year-end does not automatically prove depreciation eligibility. Learn how Lentine v. Commissioner frames placed-in-service timing, readiness, owner use, and audit-ready yacht records.
Case StudyPayroll
$89 million off-the-books payroll case shows why cash wages, shell companies, false workers' comp records, worker misclassification, and undocumented payroll can create serious IRS and criminal exposure.
A prominent attorney’s tax evasion and mortgage fraud sentence shows why tax returns, business records, foreign accounts, IRS debt, and mortgage applications must tell the same financial story.
IRS automatic penalty relief begins in 2026. See who qualifies, which penalties AEP covers, how it replaces First-Time Abatement, and what remains due
Eight North Carolina tax preparers pleaded guilty in a pandemic-relief tax fraud scheme involving false paid sick and family leave credits. Learn what the case means for taxpayers, business owners and tax professionals.
Treasury is screening federal payments against death records. Learn how this may affect deceased taxpayer refunds, surviving spouses, estates, executors, business owners, Form 1310, Form 56, Form 1041, and post-death payment delays.
Case StudyYacht Owners
A yacht tax case study on Bad Daddy LLC v. Commissioner, where the IRS challenged $3.69 million of bonus depreciation and argued the yacht activity lacked a true profit motive under IRC §183.
Compare the best online mortgage lenders in 2026 with a broker-guided strategy before applying. This guide uses Forbes Advisor’s lender list as a starting point, then explains how borrowers can compare Rocket Mortgage, PNC Bank, New American Funding, Rate, Mr. Cooper, Ally, and live mortgage options through Loan Factory
The IRS Working Families Tax Cuts hub brings new deductions, Schedule 1-A guidance, withholding tools, family tax updates, business provisions, and scam warnings into one place. MFS helps taxpayers interpret the rules and prepare a cleaner filing plan.
AnalysisHigh-Income Individuals
QSBS trust stacking may help founders multiply the Section 1202 exclusion, but only with early planning, real nongrantor trusts, completed gifts, independent valuation, trustee independence, state tax review, and audit-ready records.
GuideYacht Owners
See the 15 financial reports every yacht owner needs to reduce costs, improve cash flow, and gain complete financial control.
Explore 2026’s trending yacht clubs from a Yacht Owner’s perspective, including top U.S. clubs, guest access, transient dockage, reciprocity, event calendars, cruising value, etiquette, membership considerations, and practical arrival details for planning a smarter yacht season across the U.S. coasts.
Yacht management companies operate the vessel. Yacht accountants independently verify the financial results. Learn why yacht owners need both for clearer reporting, stronger controls, tax-ready records, charter profitability, payroll coordination, and owner-side financial oversight.
Florida protected series companies are now available as of July 1, 2026. This guide explains how Florida LLC owners can use protected series for asset separation, lower filing costs, tax planning, payroll records, and stronger financial administration.
Case StudyPayroll
Federal authorities recently announced the sentencing of two individuals involved in a years-long off-the-books payroll scheme that generated approximately $38 million in tax losses to the United States.
Case StudyBusiness
The FTC and Nevada sued American Tax Service over alleged deceptive tax-relief marketing. What the $36 million case means for taxpayers choosing representation.
MFS OpinionBusiness
Spirit Airlines operates as a publicly traded company, which means shares can be purchased by the general public through brokerage accounts. This gives individuals exposure to the company’s performance and a small ownership stake.
Yacht OwnersYacht Owners
Owning a superyacht through a corporate structure looks sophisticated but the IRS does not reward structure alone. It rewards how the yacht actually operates.
Case StudyPayroll
Learn from a $22.1M payroll tax fraud case. Discover how IRS-CI builds cases, understand personal liability, and protect your business assets today.
Case StudyPayroll
Federal prosecutors charged a Miami developer in an $85M fraud case—but the real lesson for businesses may be payroll tax compliance and IRS trust fund liability.
Yacht OwnersYacht Owners
January 2026 delivered an unusually strong start to the superyacht brokerage market, with completed transactions moving faster than traditional seasonal patterns suggest. Rather than signaling speculative heat, the momentum reflects a disciplined, execution-driven environment where pricing realism, preparation, and structural readiness are determining outcomes for buyers and sellers alike.
News UpdateBusiness
New IRS statistics reveal foreign investors earned $23B from U.S. partnerships, highlighting major withholding and Form 8805 compliance obligations.
Case StudyPayroll
A Boston contractor was sentenced for concealing business income, cashing customer checks, and failing to file required tax forms, causing over $3M in tax losses.
Case StudyPayroll
An IRS criminal case resulted in a 12.5-year federal prison sentence for promoting an abusive trust tax shelter and fraudulent investment scheme.
News UpdateBusiness
Treasury and IRS issued guidance on the new car loan interest deduction, including eligibility and lender reporting rules under OBBB.
GuideBusiness
Rising security and cybersecurity costs may affect how small businesses deduct expenses, depreciate assets, and report executive benefits on 2025 tax returns.
Yacht crew salary guide for 2026–2027 with pay ranges for captains, deckhands, stewardesses, engineers, chefs and officers by yacht size, plus tips and rotation.
Learn how to start a yacht charter business in 2026, including charter economics, owner use, LLCs, maritime compliance, accounting, depreciation records and tax documentation.
GuideYacht Crew
U.S. yacht crew generally report worldwide income. Learn how wages, tips, FEIE, FBAR, foreign payroll and state residency affect 2026 filings.
News UpdateBusiness
The IRS updated Section 163(j rules affecting business interest deductions, depreciation add-backs, capitalized interest, and foreign income for 2025–2026.
News UpdateBusiness
New IRS guidance explains expanded HSA eligibility, tax benefits, and planning strategies for individuals and business owners under OBBB.
Working on a foreign-flagged yacht does not automatically qualify income for the FEIE. Eligibility depends on tax home, foreign-country presence, travel days, itinerary and employment arrangement.
Yacht CrewYacht Crew
Learn how yacht crew qualify for the Foreign Earned Income Exclusion (FEIE), day count rules, tax home pitfalls, documentation, and red flags.
News UpdateYacht Owners
Each month, the yachting industry sees major shifts — from fleet expansion and charter demand to regulatory changes and crew market pressures.
Yacht CrewYacht Crew
Discover what 2025 tax rule changes mean for yacht crew classified as independent contractors vs employees with McGregor Financial Services.
News UpdateYacht Owners
Explore the impact of the $100,000 H-1B fee on U.S. immigration policy. Yacht operators and specialized crew should adjust visa strategies accordingly.
Yacht CrewYacht Crew
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.
GuideYacht Crew
Discover how yacht crew can navigate financial planning and mental health challenges after leaving yachting with expert guidance from MFS.
News UpdateYacht Crew
Learn how the One Big Beautiful Bill helps yacht crew save thousands with early tax planning strategies from McGregor Financial Services.
Yacht CrewYacht Crew
Explore how financial stress affects yacht crew mental health and discover strategies for balance with insights from McGregor Financial Services.
Yacht CrewYacht Crew
See how yacht crew spending vs. saving impacts financial security. Learn smart paycheck strategies with McGregor Financial Services.
GuideBusiness
Discover financial strategies for boat repair shops, dealerships, and marine service providers with guidance from McGregor Financial Services.
Yacht CrewYacht Crew
Learn how smart financial planning gives yacht crew the freedom to leave toxic work environments and take control of their future.
BusinessBusiness
Discover why tax planning doesn’t end on deadline day. Learn how yacht crew can optimize finances year-round with McGregor Financial Services.
GuideYacht Crew
Learn why the post-PBIBS pre-season is the best time for yacht crew to schedule a financial checkup with McGregor Financial Services.
BusinessBusiness
Discover how structuring your yacht brokerage as a business can boost tax efficiency and profits with guidance from McGregor Financial Services.
Yacht CrewYacht Crew
Explore the top tax deductions yacht crew can claim, from travel to training, with expert guidance from McGregor Financial Services.
Yacht CrewYacht Crew
Learn the top 3 tax tips yacht crew need to know to save money, stay compliant, and simplify filing with McGregor Financial Services.
BusinessBusiness
When marine small and medium-sized businesses (SMBs) choose an accountant, several key factors shape their decision. Unlike general SMBs, marine businesses face unique financial challenges—such as seasonal revenue cycles, complex inventory needs, and specific tax regulations.
Yacht OwnersYacht Owners
This year’s Fort Lauderdale International Boat Show (FLIBS) offered MFS a unique opportunity to witness the latest in luxury, innovation, and marine technology.
Yacht OwnersYacht Owners
Last week, MFS had the pleasure of attending The Breakfast With The South Florida Business Journal Event, hosted at the Marine Industries Association of South Florida (MIASF) offices. It was an incredible opportunity to connect with fellow professionals, share insights, and discuss the evolving landscape of the marine and yachting industry.
BusinessBusiness
Uncover hidden tax traps facing yacht industry businesses and learn how McGregor Financial Services helps protect profits and ensure compliance.
Next step
Whether the complexity comes from a vessel, a business, payroll, taxes or multiple financial responsibilities, MFS helps bring the financial picture together.
McGregor Financial Services
Speak with an advisor about tax, accounting, payroll, yacht ownership or the financial decisions affecting your business.
Speak With an Advisor
