Uncle Sam is not alien to the stress and predicament that comes with living and moving abroad. One cannot compare the cost of living, and in a bid not to discourage Americans who would...
Posted by Unifirst Financial & Tax Consultants on 01/13/2021
What is Publication 519?IRS Publication 519 is the U.S. Alien Tax Guide, a document published by the Internal Revenue Service (IRS) detailing tax procedures for foreigners who are...
Posted by Pacesetter Financial Services on 01/08/2021
The adoption credit is a nonrefundable tax credit, which means that the tax credit amount is limited to taxes due on your 2020 income tax return. Any additional credit value can be...
Posted by Carmen Garcia on 01/07/2021
The Internal Revenue Service (IRS) recently released annual tax inflation adjustments for 2021 for more than 60 allowances, including tax rate schedules, standard deductions, itemized...
Posted by Rosovich & Associates, Inc. on 12/31/2020
The participation exemption system will allow the United States to transition to a quasi-territorial system that will effectively replace the current external tax credit system. Under...
Posted by Aurelia E Weems CPA on 11/17/2020
Some laws remain relatively unchanged for decades, if not centuries. However, tax laws are not timeless and must reflect an ever-changing global economy, complex government changes,...
Posted by Karen Munoz, EA on 11/13/2020
Diversification in this present world is way more than having shares in a series of companies. Several investment experts recommend having investments in various parts of the globe....
Posted by Abundant Wealth Planning LLC on 11/09/2020
To be successful in the inventory acquisition process, you will need to monitor your business's two main aspects: efficiency and profitability. It's important to keep a schedule,...
Posted by Dennis Jao on 11/07/2020
We live in a globalized world, which means that more U.S. alien residents and citizens are taking their money overseas for banking and investment purposes. While owning a foreign account...
Posted by Daniel P Vigilante CPA and Profit Consultants on 09/28/2020
