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Americans living abroad who are required to file a US tax return must submit Form 1040 by June 15. Extension is available for expats

Do I qualify for the 2021 advance tax credit monthly payments? Most taxpayers with children aged 17 or under may qualify.

US nonresident aliens are generally taxed on US source income. Is your income taxable in the U.S.? You may be exempt and get a tax refund.

I am going to travel abroad as an expat or digital nomad, do I qualify for the foreign earned income exclusion? PPT or BFR under Sec 911

Summary of the key tax provisions impacting individual and businesses contained in the year-end coronavirus relief in the CAA, 2021 H.R. 133

Do I have to file a US tax return? Should I file a US tax return? Can I file my tax by myself?

IRS sends tax notices and letters to taxpayers for many different reasons. How do I know they are from the IRS? How to handle IRS letters?

The COVID-19 tax relief provisions include $1200 checks, retirement distribution, student loans, IRS tax debts, charitable deductions, etc.

Payments received from a tax deferred retirement plan by a nonresident alien may be subject to 30% federal tax withholding.

The IRS Rev. Proc. 2019-38 safe harbor rules allow certain rental real estates to qualify as businesses for QBI deduction under Sec. 199A

U.S. citizens or resident aliens are subject to tax on their worldwide income. How to avoid double taxation? How Do I file a US return?

Shareholders report their flow-through of income and losses of an S corp. Track your basis to report your distributions on your Form 1040.

The IRS will no longer challenge foreign tax credits for CSG and CRDS payments on the basis that the totalization agreement applies to those taxes. Affected taxpayers may amend their prior years tax return to take advantage of this foreign tax credit. US and France Agreement on CSG and CRDS In 2019, the United States and the French Republic memorialized through diplomatic communications an understanding that the French Contribution Sociale Generalisee (CSG) and Contribution a

US citizens and Green Card holders living abroad may have to file a tax return. FEIE is a lifesaver for many expats due to its tax benefits.

You need an ITIN for tax filing or payment obligations under U.S. law if you are not eligible for a social security number

Americans living abroad need to know about their US tax filing obligations. Read about when, where, what, and how to file a U.S. tax return?

If you have any interest in or signature authority over foreign financial assets, you may be required to file form Forms Fincen114 & 8938.

Roth IRA distributions must be qualified and meet the two five-year rules to be tax free.

The tax consequences of selling a house located in the US depend on many factors. The below doesn't apply to you if you were NOT a U.S. tax resident when the U.S house was sold. We will attempt to briefly explain the tax rules that apply when you sell or otherwise give up ownership of a home. Per IRS guidance, if you meet certain conditions, you may exclude the first $250,000 of gain from the sale of your home from your income and avoid paying taxes on it. The exclusion is in

U.S. citizens or resident aliens expats contractors or employees of contractors working abroad are subject to taxes on their worldwide income. Also, if you meet the minimum filing threshold amount, then you must prepare an income tax return. The contractors or employees of private companies supporting the U.S. Armed Forces in designated combat zones, may now qualify for the foreign earned income exclusion. I now see complication of your income tax return preparation process.

The purpose of a Totalization agreement is generally to ensure that international employee falls under one social system only (home or host country), avoiding double social tax liabilities during the tax return preparation process or during your regular payroll cycle. Signed in 2015, this agreement will enter into effect October 1, 2018. This Brazil and US totalization agreement will in general lower the assignment cost for any affected assignee. Main Features of the Agreemen

The recently enacted Tax Cuts and Jobs Act (TCJA) has altered the tax landscape for a lot of individuals and businesses. Due to the sweeping nature of the changes and the need for continued guidance, this Blog provide a high level of planning opportunities for your specific situation. Additional conversations and tax projections are likely necessary to ensure you maximize your tax benefits. At Whin Global Tax Services , we have the skills to assist you in your tax compliance

Americans living or working outside of the United States must file a U.S. income tax return unless you do not meet the filing requirements based on the current IRS regulation. The United States tax system is based on citizenship and not residency. However, if you have relinquished your US citizenship or surrendered your green card and if you are not physically living in the US the year after you file your last tax returns and expatriation forms, then you are not required to f