An IRS relief procedure for certain former citizens was introduced in September 2019 to allow certain Americans to renounce their U.S. citizenship without paying taxes and fines.The...
Provided that the debts were properly paid off, filling for the IRS tax extension might be easier than what it seems.There are a lot of reasons why we need tax extensions. Some of...
Earned Income tax Credit is an endeavor of the IRS to help millions of Americans. People need to review their credit and see if they qualify. Existing since 1975, it is one of the...
Posted by Frank Penn on 02/18/2020
A taxpayer who adopts a child may meet all requirements for the adoption tax credit. People qualify for the adoption tax credit they adopted a ward and paid out-of-pocket costs identifying...
Posted by Debi G Hill, CPA on 08/26/2019
It's a myth that if you are a US citizen residing in abroad, you are not subject to the US taxation laws and regulations laid down by the Internal Revenue Service. As a matter...
Posted by rinehimerbaker on 01/12/2019
Not each of the person who give taxes within the United States lives or works on the land of Amerika. If you live out of the Amerika, you may get able of excluding a part or all of...
Posted by ALJ Business Services,LLC on 09/14/2018
Retirement is probably every working taxpayer’s dream to be but the idea of a perfect retirement can be a little complicated if you want to live overseas. Although it’s...
Posted by Jakusovas & Company on 09/11/2018
While abroad, the last thing you want to worry about is filing your taxes and having to do them right. When this is an issue, it is important that you take the necessary steps required...
If you’re an American Citizen or a green card holder living overseas, there’s a possibility you also failed to file your U.S tax return this year. There is an estimated...