We regularly updates our blogs to provide latest insights in international taxation.
Covered expatriate with a 401(k)? Learn how U.S. exit tax rules may allow heirs to avoid the 30% withholding under IRC Section 877A.
Learn how the U.S. exit tax can cause double taxation of pensions for covered expatriates, why tax treaties fail, why planning before expatriation...
A simple guide to the $10k non-willful vs $100k+ willful FBAR penalty. Learn what counts as willful and how the IRS evaluates foreign-account...
A simple guide to DIIRSP, the IRS procedure that allows late filing of Forms 5471, 5472, 3520, 8938, and other foreign reporting forms. Learn who...
Learn why three years of Streamlined returns aren’t enough for expatriation and what the IRS requires for 5-year compliance under Form 8854.
Learn when to use IRS Streamlined Procedures vs. DIIRSP if you missed foreign income but owe no extra tax.
A step-by-step guide for non-U.S. residents receiving U.S. trust distributions—learn about taxes, W-8BEN, 1040-NR filing, and ITIN timing.
What happens when a green card holder abandons U.S. residency? How a living trust can become a foreign trust, the §684 tax hit, 12-month cure, and...
When a Green Card Holder files I-407 mid-year, spouses can elect §6013(g) to file MFJ while Form 8854 uses the mid-year expatriation date. Steps,...
Learn when U.S. tax residency ends after filing Form I-407. Understand the mailing-date rule, certified mail, and expatriation tax implications.
Learn how life insurance trusts can help U.S. non-residents with substantial U.S. assets reduce estate tax exposure and protect heirs.
"Can non-U.S. citizens receive Social Security abroad? Learn the rules, tax treaties, and how benefits are taxed when retiring overseas."
Retiring in Southern Italy after giving up your U.S. green card? Learn how Social Security, pensions, investments, and Italy’s 7% tax regime work
Navigating retirement tax landscape: Monaco vs Uruguay comparison. Detailed guide to help make informed tax-efficient retirement decisions.
Eleventh Circuit reverses two Gyetvay counts as time-barred, affirms FBAR & false-statement counts, vacates restitution. Key lessons for CPAs &...
Navigating 401(k) taxation for foreign residents is crucial for optimizing returns and minimizing tax liabilities while managing US accounts abroad.
Dive into the intricacies of the One Big Beautiful Bill Act (OBBBA) introduced by President Trump and its impact on the sourcing of inventory income.
Filing your Record of Abandonment of Lawful Permanent Resident Status can be a daunting process, but knowing the steps and requirements can make it...
Navigating U.S. tax compliance with foreign assets can be daunting. This guide demystifies Streamlined Domestic Offshore Procedures to minimize...
Unlock secrets to hassle-free FBAR tax compliance with Streamlined Foreign Offshore Procedures (SFOP) designed for U.S. taxpayers abroad.
Navigating tax residency complexities is crucial for compliance and financial planning. Discover how US-Japan Income Tax Treaty clarifies dual...
Understanding qualified foreign corporation criteria is crucial for investors seeking to maximize dividend income from international investments.
Discover how the Bona Fide Residence Test can help you qualify for valuable tax exclusions while living abroad.
Navigating Physical Presence Test intricacies for Foreign Earned Income Exclusion (Form 2555) can be daunting. This guide simplifies the process.
Navigate Foreign Currency Gain or Loss transaction complexities with our expert guide, ensuring tax-efficient and compliant foreign currency dealings.
Navigating undisclosed foreign bank account complexities can be daunting, but understanding IRS Voluntary Disclosure Practice ensures compliance.
Navigating the US-Japan Income Tax Treaty's 'pick and choose' issue can be challenging. This article clarifies complex treaty provisions and...
Straddling two tax systems? Learn how the U.S.-Germany Tax Treaty helps dual residents reduce double taxation and keep more of their income.
Don’t let PFIC rules catch you off guard. Get the facts, filing tips, and strategies to protect your investments and your wallet.
International loans and Applicable Federal Rate (AFR) implications. Learn how AFR affects cross-border transactions and US tax compliance.
Navigating inheritance mediation complexities in Japan can be challenging. This blog demystifies the process, providing clear guidance for those...
Master the complexities of Form 1116 to make the most of your foreign tax credit and minimize your tax liability.
Retiring in Southeast Asia? Don't let taxes spoil your dream! Discover smart strategies for US expats in Thailand, Philippines, Vietnam & Malaysia.
File your 2025 FBAR correctly: Learn who must file, reportable accounts, step-by-step process, and penalty avoidance tips
As an American, unlock secrets to navigating cross-border lifestyle complexities and ensure your financial and legal matters are in perfect order.
Navigating international investment complexities can be daunting, especially when understanding Passive Foreign Investment Companies (PFICs).
Navigating foreign tax credits can be challenging, but understanding the process saves you from double taxes. Learn to claim Japanese tax credits.
Understanding the exemptions under Form 3520 can save you from unnecessary reporting hassles. Learn about Applicable Tax-Favored Foreign Trusts.
Navigating Passive Foreign Investment Company (PFIC) reporting complexities can be daunting, but key exceptions can save you time and money.
Navigating estate tax rules can be especially challenging for non-US citizen spouses, who face unique legal hurdles and tax implications.
Navigating US estate tax rules for non-residents with US assets can be challenging, but understanding these regulations is crucial. Bank deposits...
Can you exchange foreign real estate with US property under Section 1031 like-kind exchange? Understand the basic rules and grasp the essence.
When a US citizen passes away abroad, settling their estate back home can become a complex and frustrating process.
Form 8833 requires prompt filing, but courts may still grant tax treaty benefits to non-residents despite failure to file timely, as this case shows.
The U.S. v. Saydam case highlights critical 'willfulness' definition nuances, with far-reaching implications for various FBAR violation contexts.
Navigating the complexities of abandoning your green card can be overwhelming. Understanding the regulations can make the process smoother.
Understanding the tax implications of gifts from covered expatriates is crucial for US persons to avoid unexpected liabilities.
Understanding how to calculate your net asset value when considering US exit tax can save you from unexpected financial pitfalls.
Understanding the complexities of US tax expatriation rules is crucial for anyone considering giving up their US citizenship or long-term residency.
Understanding 'net income tax' in Form 8854 is crucial for expatriates to navigate the average net income tax liability test effectively.