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Alexia Kim specializes in U.S. & International Tax matters, with a focus on international
clients who live abroad, just moved to the country or otherwise feel frustrated because they
are not familiar with the complexities of U.S. taxation.
T E X T BY S A N DY L I N D S E Y
P H OTO BY E DWA R D L E A L
A lexia Kim didn’t start out in Finance, she began her career
in Hospitality Management. After graduating from FIU, she
knew she wanted to do something different, so she studied
and prepared for a year to take CPA exam. Luckily, she’s outstanding
in Mathematics, having studied the subject at top-ranking Yonsei
University in South Korea. Today, at Lancaster & Reed, she provides
U.S. and International Tax & Advisory Service to local and global firms
as well as international investors. “It’s all about working with the right
people,” she says. “It’s essential to have a good team with a strong
work ethic.” A prime example is when a lawyer desperately requested
an extensive project with a very tight deadline near the Thanksgiving
holiday, right after all the managers left for vacation. “The rest of the
office, including partners, had to work over the weekend to finish on
time,” she says. Another great achievement is her 1-year-old son, San.
His name means “Mountain” in Korean; Lancaster-Reed.com.
“Building trust with clients is important. To
do so, I promptly respond to inquiries and
always keep promises. I want my clients to
feel that I respect them.”
50 FISCAL WISDOM
It’s important to start a Retirement Savings Fund if you haven’t
already. The earlier you start saving, the better. Contributing a
portion of your income into a 401(k) or IRA is the easiest and best
way to be prepared for retirement. Once you begin the plan, try
not to break into the money for emergencies before retirement.
Besides an early withdrawal penalty, you will increase your
income, which means you have to pay more taxes!