FATCA related post on Twitter

Earlier in August, Canada and Russia exchanged the following tweets: Canada at NATO‏@CanadaNATO Geography can be tough. Here’s a guide for Russian soldiers who keep getting lost & ‘accidentally’ entering #Ukraine pic.twitter.com/RF3H4IXGSp  and Russians at...

S Corp vs C Corp

S Corp is very advantageous when compared to C Corp. The difference between an S Corp and an LLC is not that big. – The advantage of the S Corp is that you will be drawing a salary, hence you only will be paying FICA payroll taxes on your salary. A single-member...

Filing obligation of a 6 year old

Somebody recently asked if a 6-year-old US citizen, living abroad, who receives minimal unearned income on his bank account was required to file U.S. tax returns. Here is our response – feel free to as your own question in the comment section below: The general...