Get a complimentary tax return review today. Email us at support@fascpaconsultants.com According Journalofaccountancy.com Native-born and naturalized US citizens may relinquish their citizenship in terms of the procedures listed at 8 USC Section 148(a). The...
Get a complimentary tax return review today. Email us at support@fascpaconsultants.com The son of Prince Harry and Meghan Markle is seventh in line to the British throne, but because his mother in American, the...
Get a complimentary tax return review today. Email us at support@fascpaconsultants.com We recently posted that the IRS is requiring FBAR returns for Cryptocurrency Accounts as well as Online Gambling Accounts, in addition to the...
Get a complimentary tax return review today. Email us at support@fascpaconsultants.com File your Tax Return Even as an Expat, you still need to file a tax return and, depending on your income, pay...
Get a complimentary tax return review today. Email us at support@fascpaconsultants.com The IRS has some specific requirements for U.S. Expats’ tax filings. The WSJ posted a detailed list. Below a summary of the most important ones: FBAR...
Get a complimentary tax return review today. Email us at support@fascpaconsultants.com The Tax Cuts and Jobs Act (TCJA), also known as the Trump Tax Reform, made widespread changes to the Internal Revenue Code which...
According to bloomberg.com US countries might finally get a break when it comes to foreign tax laws. The IRS might finally be easing up when it comes to the new foreign tax. Even with...
To file Form 1120-F tax return for foreign corporations reported on an annual basis, regulation § 1.6012-2(g)(1) requires foreign corporations to be engaged in ongoing U.S. trade or business activity. Even if there is no...
According to Investopedia.com, the Internal Revenue Service (IRS) does not treat money held in a foreign account the same as money that is held on a domestic account. Out of fear of being unable...
Congress voted to enact one of the most sweeping U.S. tax reform bills on December 20, 2017. This bill is called the Tax Cuts and Jobs Act (TCJA) and will revamp the U.S. international...
