All Blog Posts for tax advice

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  Foreign Bank Account Reports. Doing them right!

  • By America's International Tax Experts
  • income tax, tax compliance, tax advice, expat, FBAR

  The last several years marked a tremendous increase in the number of Foreign Bank Account Reports filed with the Treasury Department's Financial Crimes Enforcement Network. In fact, the IRS has announced that the number of Forms 114 (Former TD.F. 90.22-1 or FBAR) filed in 2015 topped at over 1.1 million! This record number shows an upsurge in awareness of the foreign financial account reporting requirements and a trend towards voluntary compliance. Still, many taxpayers experience practical difficulties in complying with the FBAR regulations. So, what it takes to do it right?

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  10jan
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  Tax Guide for Americans & Expats Living in the United Kingdom

  • By Hristo Ivanov, CPA, EA, ADIT
  • resident, self-employed, tax compliance, tax advice, expat

  This tax guide aims to supplement and enhance your understanding of the UK income tax laws by providing current insights and practical information. In addition, we have also stressed on valuable tax planning opportunities and tax treaty provisions available to United States citizens, permanent residents, and expatriates residing in the UK.

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  28jun
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  Taxes and Amazon. All that international FBA sellers must know!

  • By America's International Tax Experts
  • nonresident, corporations, small business, tax advice

  The Fulfillment-By-Amazon turned out to be a striking opportunity for nonresident individuals and companies. So what it takes to transform your small business into an Amazon extravaganza? A great place to find answers is the Fulfilled-By-Amazon information page. It comes with a bunch of useful information, such as a start-up guide, labeling and packaging instructions, fees, terms, case studies, and more. Still, the information about your U.S. tax obligations is obscure. This article aims to provide clear guidance on the key elements that nonresident individuals and non-US businesses must consider before conquering the U.S. market through an FBA agreement.

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  25jul
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  10 Real-Life Examples Why American Expatriates Should File a U.S. Tax Return

  • By America's International Tax Experts
  • resident, tax preparation, tax advice, expat, FATCA

  Believe it or not, American citizens and residents are obliged to file a U.S. income tax return even if residing outside the United States. Despite the media coverage of the IRS efforts to enforce offshore compliance, many taxpayers are still unaware of the tax implications that follow a decision to relocate abroad. On the other side are the taxpayers who knowingly object filing a return for a number of reasons ranging from a frustrated "It's not fair!" or "Why to pay taxes if I live abroad?" to the stranded "I'd never go back!" To all of you, regardless of your reasons, these real-life examples will make you think twice when the tax season comes!

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  27sep
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  Tax Guide for Americans & Expats in the Netherlands

  • By America's International Tax Experts
  • income tax, tax advice, expat

  This brief tax guide aims to supplement and enhance your understanding of the Dutch tax system by providing current insights and practical information. We have also stressed the importance of on-time tax planning and treaty provisions available solely to Americans expatriates residing in the Netherlands.

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  17nov
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  Tax Guide for American Expats in Ireland

  • By America's International Tax Experts
  • income tax, tax advice, expat

  This tax guide aims to enhance your understanding of the Irish income tax system by providing current insights and practical information. We covered the most important rules that expats should consider when it comes to residency, income, taxes, and withholding. We have also highlighted some tax planning and treaty provisions available solely to American citizens and residents living in Ireland.

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  17jul