Sep 25, 2023 | Personal U.S. expat taxes
Tax season is a stressful time for many, but it can be especially daunting for U.S. expats living abroad. Navigating the complexities of foreign income, tax treaties, and deadlines can be overwhelming. If you’re an expat stressing about the upcoming October 15... 
Sep 13, 2023 | Personal U.S. expat taxes
Navigating the complexities of U.S. tax compliance and international taxation can be challenging, especially for U.S. expatriates. One form that often goes unnoticed but carries significant penalties for non-compliance is Form 3520-A. In this article, we’ll... 
Sep 6, 2023 | Business U.S. Expat Taxes, Personal U.S. expat taxes
Controlled Foreign Corporations (CFCs) are a hot topic for U.S. expats who own or are considering owning a foreign company abroad. Understanding the U.S. tax implications of a CFC is crucial for compliance and optimal tax planning. This article aims to provide a... 
Sep 5, 2023 | Personal U.S. expat taxes
What is Form 2555? Form 2555, known as the Foreign Earned Income Exclusion form, is a critical U.S. tax form for American citizens or resident aliens residing in a foreign country. This form allows you to exclude a specific amount of your foreign earned income from... 
Sep 4, 2023 | Personal U.S. expat taxes
Navigating the labyrinthine U.S. tax system is challenging enough for American taxpayers living stateside, let alone for those residing abroad. One often-overlooked benefit that can make a significant difference on your expat tax return is the Refundable Additional... 
Aug 4, 2023 | Personal U.S. expat taxes
Living as a US expatriate in Singapore presents a unique set of challenges, especially when it comes to understanding and navigating the tax system. The country’s tax-friendly environment for corporations, featuring a flat corporate tax rate, makes it... 
Aug 2, 2023 | Business U.S. Expat Taxes, Canadian Tax
As a US expat living in Canada, you may find yourself navigating the complex landscape of international taxation. One of the key areas of concern is the Global Intangible Low-Taxed Income (GILTI) tax on Canadian-Controlled Private Corporations (CCPCs). This article... 
Aug 1, 2023 | Non Resident Alien
As a leading accounting firm specializing in US international taxation, we understand the complexities and nuances that come with navigating the tax landscape, especially when it involves foreign income. One such complexity is Foreign Derived Adjustment Property... 
Jul 23, 2023 | Personal U.S. expat taxes
What is Form 8833? Form 8833, “Treaty-Based Return Position Disclosure Under Section 6114 or 7701(b),” is a document that individual taxpayers use to disclose their treaty-based position to the IRS providing a reasonable explanation. This form is required if a... 
Jul 18, 2023 | Personal U.S. expat taxes
In this article, we will provide key information for taxpayers regarding the FBAR (Foreign Bank Account Report) deadline extension for the year 2023. The FBAR is an important requirement for U.S. taxpayers who have financial accounts outside of the United States. It...