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We're here to give the professional expertise and peace of mind to make tax time less stressful. We are committed to your needs as expats, and we never stop learning, exploring, and staying proactive on the latest tax news that affects you.

INSTALLMENT SALES - US TAX CONSIDERATIONS

In this blog, we cover the U.S. tax consequences of installment sales, both for immigrating aliens and for expatriating U.S. persons.

INFLATION ADJUSTMENTS FOR 2023 TAX ITEMS

Based on the latest Consumer Price Index increase, the following expat-related adjustments are expected to apply in 2023.

NEW FILING PENALTY RELIEF

According to the IRS announcement, besides providing relief to both individuals and businesses impacted by the COVID-19 pandemic, the filing penalty relief is also “designed to allow the IRS to focus its resources on processing backlogged tax returns and taxpayer correspondence to help return to normal operations for the 2023 filing season.”
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