Introduction For American expatriates, managing tax obligations while living abroad is a complex affair that can often lead to costly errors. Understanding where these mistakes commonly occur is the...
Introduction Navigating the real estate market as a U.S. expatriate involves more than just choosing the right property; it requires a comprehensive understanding of the tax implications in both...
Introduction Navigating the complexities of international taxation is a significant challenge for U.S. expatriates who freelance. Beyond the basic responsibility of reporting global income, expat freelancers must manage multiple...
Introduction to Foreign Earned Income Exclusion The Foreign Earned Income Exclusion is a powerful tool for U.S. expats, allowing them to exclude a portion of their foreign earnings from...
Are You a U.S. Shareholder of a Foreign Corporation? It’s time to turn your attention to Schedule R. This form is your key to reporting distributions from foreign corporations,...
In today’s global economy, US shareholders of Controlled Foreign Corporations (CFCs) face a labyrinth of tax obligations that could rival the complexity of any ancient maze. The stakes? Compliance...
Are you a U.S. resident living abroad, grappling with the complexities of IRS Form 5471? You’re not alone! As a U.S. shareholder of a foreign corporation, this form is...