Business Details
27 Years
experience
Maritime Payroll & Accounting Experts
AvMar Payroll & Accounting Services has specialized in maritime industry financial solutions since 1999. Our expertise spans payroll tax compliance for US and foreign-flagged vessels, corporate tax returns, and bookkeeping tailored to yacht management companies and vessel owners. With over 20 years of experience navigating complex international tax laws and maritime regulations, we maintain industry-leading connections in Fort Lauderdale, Tallahassee, and Washington, DC. Our team provides certified acceptance agent services, foreign income exclusion compliance, and global health insurance administration for yacht crews. We combine technical proficiency with personalized support to simplify payroll compliance, tax filings, and financial reporting for maritime businesses.Our proven track record serving over 1,000 vessels demonstrates our commitment to accurate, timely financial management solutions. We maintain partnerships with MHG Insurance Brokers and specialized service providers to deliver comprehensive maritime-focused accounting services. Our staff includes CPAs and tax consultants with deep expertise in US payroll tax law, foreign bank account compliance, and international tax credit applications. We prioritize transparent communication and regulatory compliance while delivering cost-effective financial solutions for yacht owners, captains, and management companies.
Services
Payroll Tax Compliance
Tax Return Preparation
Bookkeeping Services
Health Insurance Administration
Corporate Formation
Details
- Year established: 1999
Highlights and features
- 20+ years of maritime-specific payroll tax compliance experience
- Specialized knowledge of international tax treaties and FICA regulations
- Established partnerships with maritime insurance and legal professionals
- Dedicated CPAs with expertise in foreign bank account compliance
- Proven track record serving over 1,000 vessels
Services
Payroll Tax Compliance
Specialized payroll tax services for maritime vessels ensure compliance with US and international regulations. We handle FICA withholding determinations, tax treaty qualifications, and quarterly/yearly filings for US and foreign-flagged vessels. Our team manages W-2 preparation and multi-jurisdictional tax reporting requirements.
Tax Return Preparation
Comprehensive tax preparation services for maritime businesses include corporate, partnership, and individual returns. We specialize in foreign income exclusion applications, FBAR filings, and international tax credit claims. Our CPAs provide accurate, timely submissions for yacht owners and management companies.
Bookkeeping Services
Customized bookkeeping solutions for maritime businesses include bank reconciliations, general ledger maintenance, and management reporting. We handle petty cash reconciliations and financial statement preparation tailored to yacht management companies and vessel owners.
Health Insurance Administration
We administer international health insurance plans for yacht crews through partnerships with MHG Insurance Brokers. Our services include plan enrollment, claims assistance, and compliance management for IMG Global and GeoBlue plans with global coverage networks.
Corporate Formation
Specialized corporate formation services for maritime businesses include entity selection, registration, and compliance setup. We guide clients through optimal business structure choices and handle tax ID application processes for new maritime ventures.
People
Tom Andrews
Partner
Certified public accountant with 20+ years specializing in maritime tax compliance. Expert in international tax treaties and payroll regulations for foreign-flagged vessels. Leads AvMar's accounting services division.
Lisa Marshall
Partner
Senior tax consultant specializing in foreign income exclusions and FBAR compliance. Provides expert guidance on US tax obligations for international yacht operations and crew management.
Questions
What payroll services do you offer for foreign-flagged vessels?
We handle FICA compliance, tax treaty qualifications, and quarterly/yearly filings for foreign-flagged vessels with US and international crew members.
Do you provide health insurance options for yacht crews?
Yes, we offer two international health insurance plans through MHG Insurance Brokers, including IMG Global and GeoBlue plans with global coverage.
How do you handle tax compliance for non-resident crew members?
Our specialists manage foreign income exclusion applications, FBAR compliance, and tax credit claims for non-resident crew members.
What accounting services do you provide for yacht management companies?
We offer bookkeeping, general ledger preparation, corporate formation, and tax compliance services tailored to yacht management companies.
Can you assist with US healthcare reform compliance for maritime employers?
Yes, our partners at MHG Insurance Brokers provide guidance on ACA compliance and health insurance requirements for maritime employers.
