Yacht Crew & Marine Businesses
The Real Reasons Hundreds Choose Us
Insight
Crew-specific write-offs are often missed

We audit your returns for travel days, uniforms, foreign port expenses, and training—marine-aware items most preparers overlook + Quick savings check

Missed Deductions

You're losing money because your preparer doesn’t understand yacht crew taxes

! The problem

Generic filings ignore maritime deductions and documentation, leaving cash on the table.

✓ Our solution

Marine-specific deduction mapping and receipt guidance via our Switch & Save onboarding. Refer a friend and get $50 back when they sign on.

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Complexity
FEIE, treaties, and dual-status—made simple

We map the safest posture across foreign income, vessel changes, and split residency + Audit-aware approach

Complex Year

This year’s complicated — foreign income, FEIE, or dual status

! The problem

Incorrect elections or day-count errors can trigger penalties and audits.

✓ Our solution

International filings, FEIE calculations, treaty analysis, and U.S. compliance—plus a $50 referral reward per new signup.

Speak With an Advisor Request Help
Switch & Save Discount $50 Referral Reward Marine Tax Specialists Global • Virtual • Secure

Turnaround depends on complete documents, IRS systems, and return complexity.

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Service packages

Choose your starting point & let us handle the numbers

Yacht crew and marine businesses get clear, done-for-you filings and reliable year-round support.

Package 1 of 6
Yacht Crew W-2 Payroll

Yacht Crew W-2 Tax Filing (Crew Return)

$ · Stress-free core filing

Straightforward W-2? We file it correctly — and fast.

  • 1040 filed accurately
  • Optimized deduction setup
  • Fastest refund method
  • IRS transcript verification
Yacht Crew 1099 & Daywork

Crew Pro (Schedule C Package)

$$ · For 1099 crew, daywork & extra income

Perfect for mixed income — tips, crossings, contract work.

  • 1040 + Schedule C filing
  • Crew deductions: travel, uniforms, training
  • Self-employment tax planning
  • Quarterly estimate setup
Marine Business Quarterly Planning

Quarterly Marine Tax Strategy

$$$ · For growing operations

Built for busy yards & seasonal marine businesses.

  • Quarterly tax projections
  • Safe-harbor plan to avoid penalties
  • §179 & bonus depreciation mapping
  • Owner wage & draw optimization
Marine Business Compliance

Marine Core Compliance (Business Returns)

$$ · Annual business filings

For marinas, brokerages, charters & marine shops.

  • 1120-S, 1065, 1120 or Schedule C
  • Owner K-1s & payroll coordination
  • Florida DR-15 sales & use tax returns
  • Deadline tracking & extensions
Marine Business Monthly Accounting

Marine Accounting Services

$$ · Ongoing books & reporting

For owners who want clean books without hiring in-house.

  • Monthly bookkeeping & reconciliations
  • Job / vessel-level tracking
  • Simple management reports & KPIs
  • Ready-for-tax-year-end financials
Marine Business Payroll

Marine Payroll Services

$$ · Crew & staff payroll handled

Ideal if you’re tired of juggling crew payslips and filings.

  • Payroll setup & ongoing processing
  • Correct tax withholdings & filings
  • Support for U.S.-based marine teams
  • Year-end W-2s & payroll reports
What yacht crew say about MFS
Real stories from crew whose IRS and tax problems were resolved.
5.0 ★ on Google
Deckhand
“I had three years of unfiled U.S. returns from working seasons and avoiding the IRS. MFS pulled my contracts and travel history together, filed everything, and set up a payment plan I can actually afford. No more panic when I see ‘IRS’ in my inbox.”
Deckhand – Caribbean / Med
Non-filer case brought current
Chief Stew
“Other crew told me ‘you don’t pay U.S. tax if you’re always offshore’ and that almost cost me a lot. Justin explained FEIE and fixed my state residency so I’m finally filed correctly and not guessing based on dock gossip.”
Chief Stewardess – Dual season yacht
FEIE & residency planning
Captain
“I got multiple IRS letters saying I under-reported income from 1099 contracts. MFS amended my returns, responded to the CP2000 and the case was closed without me having to call the IRS once.”
Captain – 40m motor yacht
CP2000 / 1099 clean-up
Engineer
“An old U.S. tax debt became a federal lien while I was working overseas. Justin dealt with the IRS for me, set up a realistic plan, and walked me through what it means for my credit and future visa applications.”
Chief Engineer – U.S. citizen abroad
IRS balance & lien resolved
Freelance stew
“Between daywork, tips and freelance trips, my income was all over the place and always paid as 1099. MFS set me up properly as a business, told me what I can actually deduct, and filed my return so I’m not gambling with the IRS anymore.”
Freelance Stewardess – U.S. based
1099 crew & deductions
Yacht couple
“We both work on the same yacht and needed clean U.S. returns for a mortgage and future visas. Our income was in euros, tips, and boat accounts. Justin translated all of that into exactly what the bank and lawyer wanted to see.”
Chief Officer & Chief Stew – same vessel
Returns for mortgage & immigration
Non-U.S. crew
“I’m not American but got paid from a U.S. company and started receiving IRS letters. MFS explained exactly how my situation works, filed what needed to be filed, and made sure I’m not double-taxed in two countries.”
Deck / Engineer – foreign crew
Cross-border tax guidance
Purser / boat manager
“When I took over as purser, crew payroll and U.S. filings were a mess. MFS reviewed our 941s, corrected the mistakes and put in a system where crew get paid correctly and the IRS gets the right numbers.”
Purser – managed fleet
Payroll & 941 compliance review
Chef
“I racked up thousands in penalties because I was offshore every time a deadline came around. MFS built a reasonable cause case and got a huge part of the penalties removed. I wish I’d called earlier.”
Chef – 55m motor yacht
IRS penalty abatement approved
Bosun
“I needed proof for immigration that my U.S. tax situation was clean. The MFS U.S. Digital Nomad Tax Clearance Certificate was exactly what the consulate asked for and it didn’t hold up my visa.”
Bosun – rotational contract
Tax Clearance Certificate issued
Captain
“Because my income is all international and from different flags, I was told I’d be ‘audit bait’. Justin structured everything, prepared documentation and logs, and the IRS accepted my filings with no audit.”
Captain – private vessel
Audit risk reduced with planning
Auto-scrolling crew reviews
Partnership · Global Payments & FX

Wise for yacht crew & marine businesses

Open a Wise Business account through McGregor Financial Services to send, receive, and hold money in 40+ currencies at the mid-market rate. Perfect for salary, tips, charters, suppliers, and cross-border marine expenses.

Mid-Market FX Transparent Fees 40+ Currencies Crew & SMBs
Explore MFS × Wise Partnership ↗ Check Live Rates & Fees

No monthly fee for Wise Business. Fees shown upfront before sending or converting.

McGregor Financial Services (MFS) provides specialized tax preparation services for yacht crew, marine businesses, and owners. Whether you need help filing a 1040 form, 1099 form, 1099-NEC, or W-2/W-9 tax form, our team simplifies the process of efile tax returns, income tax planning, and payroll tax management.

Clients searching for a “tax preparer near me,” “CPA near me,” or “tax services near me” rely on MFS for accurate filing, compliance with the Internal Revenue Service (IRS), and guidance on everything from capital gains tax, inheritance tax, and property tax to self-employment tax and small business accounting.

We support marine professionals and small businesses with paycheck calculators, payroll calculators, sales tax calculators, federal income tax calculators, and refund tracking tools, ensuring that tax season is stress-free. Whether you’re dealing with an amended tax return, franchise tax board notices, excise tax, estate tax, or federal withholding tax, our advisors deliver clarity and compliance every step of the way.

39 crew slots remaining for 2026 tax season.
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Why MFS?

“ MFS was founded to reintroduce practicality to accounting in the Marine Industry, despite the overwhelming presence of technology.

We believe in maintaining the highest standards of integrity while offering personalized, reliable financial solutions that truly serve our clients' needs, ensuring they can navigate their financial futures with clarity and peace of mind.”

Founder | CEO | Enrolled Agent

USA | Federally License| All 51 States

Our Values

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  • Text about safeguarding client information with a gold shield icon featuring a person outline at the bottom of the image.

Featured Blogs

  • Two women sitting at a table engaged in a discussion, one is reading from a piece of paper and the other is holding a cup of coffee.

    How Financial Anxiety Impacts Mental Health Onboard: A Crew Member's Story

    Behind the polished crew uniforms and picturesque ports, many yachties silently struggle with financial stress and emotional burnout. This blog explores the real-life challenges behind the lifestyle, and how financial awareness, therapy, and community support can lead to lasting change.

    Read
  • Several large luxury yachts docked at a marina with a construction site and cranes in the background, under a clear blue sky.

    A Financial Readiness Guide for Boat Repair Shops, Dealerships, and Marine Service Providers

    Many marine businesses are denied financing not due to poor performance, but poor financial reporting. Learn why lenders say no—and how better bookkeeping, clear tax filings, and industry-specific insight can turn it into a yes.

    Read
  • A young man and woman in white shirts stand on a boat, looking out at a marina with boats and lighthouse in the background.

    Top Tax Deductions For Yacht Crew Members

    Yacht crew often spend heavily on work-related costs—but many of these expenses are tax-deductible. Discover the top deductions that could lower your taxable income and boost your refund.

    Read

  • The Advantage of Structuring Your Yacht Brokerage as a Business for Tax Efficiency

    Many yacht sales brokers operate as sole proprietors, missing out on key tax savings and legal protections. Learn how forming an LLC or S Corp can boost your income, reduce liability, and offer more freedom—all while staying connected to major brokerage firms.

    Read
  • A folder with the words 'One Big Beautiful Bill' on it, placed on an American flag.

    The One Big Beautiful Bill That Could Save Yacht Crew Thousands—If You Start Your Taxes Early

    The U.S. tax system just got a major overhaul with the passing of the One Big Beautiful Bill on July 4, 2025—bringing new benefits for working-class professionals like yacht crew. But these tax breaks only pay off if you plan ahead. In this post, we break down two common financial paths crew take—and how each decision can impact your future under the new law.

    Click Here

Frequently Asked Questions

Do yacht crew need to file U.S. taxes even if they work overseas?
Yes. If you're a U.S. citizen or resident, you must file taxes regardless of where the yacht travels. You may qualify for exclusions like FEIE, but filing is still required.
What documents do I need to get started?
Most crew only need their W-2, 1099s, contracts, payslips, passport stamp dates, and any foreign income records. Marine businesses may need bookkeeping, payroll, and expense summaries.
Can you help if I haven’t filed for multiple years?
Absolutely. MFS specializes in multi-year cleanup, IRS notices, and late returns. We can review transcripts, prepare missing filings, and help you become compliant.
How do I upload my tax documents securely?
All uploads are handled inside your secure TaxDome portal. It supports file uploads, e-signatures, messaging, and step-by-step tasks.
Do you work with yacht owners and marine businesses?
Yes — we support service shops, brokers, vessel LLCs, charter companies, and marine suppliers with bookkeeping, payroll, sales tax, and business returns.
What if I'm offshore or in a different time zone?
Not a problem. Everything is digital. You can complete onboarding, messaging, uploads, and approvals from anywhere in the world — even mid-crossing.
How long does the tax preparation process take?
For crew, most returns are completed within 3–7 business days once all documents are received. Marine business returns may take slightly longer depending on bookkeeping.
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Get In Touch With Us

Info@McGregorFinancials.com

Office +1-954-250-4820 Fax +1 954 838 5540

1314 E Las Olas Blvd #1600 Ft. Lauderdale, FL 33301, USA

Only 39 more Crew Tax Return slots available for 2026

As of December 4th 2025

Schedule a Call