US Expats and the Taxation of Cryptocurrency
Since its inception in 2008, cryptocurrency has become a game changer in how economic exchanges are transacted.
Read MoreSince its inception in 2008, cryptocurrency has become a game changer in how economic exchanges are transacted.
Read MoreAs we’ve blogged about previously, the child tax credit amount has been increased from $2,000 to $3,000 per child ($3,600 for children under age 6) for the 2021 tax year.
Read MoreOne of the more frequent questions we receive as a firm is whether a client has a U.S. income tax filing requirement, despite having a very low income and no special international form attachments.
Read MoreFor non-US corporations, it’s often difficult to determine to what extent contacts with the U.S. market triggers a U.S. tax liability.
Read MoreU.S. expats living in the United Kingdom should always be cognizant of the fact that their activities could have tax implications in the both the United States and the United Kingdom.
Read MoreIn order for an individual to determine his or her U.S. tax filing obligations, this basic question must be asked from the outset – who is a U.S. person in the eyes of the IRS?
Read MoreIf you are a U.S. citizen living abroad, the chances are that you’ve been asked by your foreign bank to sign a Form W-9, Request for Taxpayer Identification Number and Certification.
Read MoreOne of the most common tax relief measures available to U.S. expats is the foreign earned income exclusion (“FEIE”). This expat tax basic is an important method for avoiding the double taxation of…
Read MoreU.S. expats, especially those living in low-tax jurisdictions, can face a significant IRS tax bill. Among those who owe tax, some simply don’t have the means to pay the liability.
Read MoreAmazon’s Fulfillment-by-Amazon (“FBA”) is an enormously popular business model for foreign (non-US) sellers looking to sell products to U.S. customers. Under the FBA model, Amazon sellers store their…
Read MoreUS citizens living in New Zealand, like US expats around the globe, are in the unique position of being subject to potential tax and reporting obligations both in New Zealand, the local country of…
Read MoreFor US expat retirees, determining the US income tax rules regarding foreign (non-US) social security benefits is a common concern. While your foreign country of residence may provide an income tax…
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