success-story

CASE #1

Foreign Financial Accounts Reporting Issue

Previously, John Smith failed to report foreign bank accounts, investment accounts, and private pension accounts. He also discovered that taxable income was not reported on such accounts. After contacting CHI Border, John was guided to successfully resolve his past issues and was worry-free for the future. The CHI Border team worked with John's CPA firm to prepare his Streamlined Domestic Offshore Procedures and file his amended tax returns and FBARs for the past three years. CHI Border drafted John's Nonwillful Statement and quarterbacked the entire recovery strategy.

CASE #2

Abandoning Green Card Planning -Exit Tax Strategy

Having lived in the US for 30 years as a green card holder, Kai wants to retire to Japan with his Japanese wife. In addition to assets in the US, he also has assets in Japan. Assets totaled approximately $3.8 million. Kai's wife held modest assets. Kai knows he is liable for hefty US exit taxes when he abandons his green card. Kai consulted CHI border to come up with the exit plan. Kai and his spouse were presented with a viable plan after three weeks of consultation work by CHI border. Having retired in Japan without paying US exit taxes, Kai and his spouse are happy.

Success Story.

Foreign Financial Accounts Reporting Issue

Abandoning Green Card Planning -Exit Tax Strategy