If you are an American who has lived or worked outside of the United States, you will almost certainly need to file a tax return with the IRS and be eligible for the foreign tax credit....
Posted by Taxes Made EZ Inc on 01/26/2023
Regardless of your level of insight into taxes as an individual or a business, you must understand the concepts of FATCA and FBAR and their differences because to understand and utilize...
The IRS has issued guidelines on the denial and revocation of passports due to serious tax violations. The IRS must notify the State Department when a person has a "serious"...
Offshore Voluntary Disclosure Program or OVDP is made primarily for those people who did know that they were actually needed to be reporting the foreign assets or income, and did not;...
Posted by Niner's Accounting & Tax Services, LLC on 09/14/2018
In case you are living abroad, the chances are that you’ve heard a lot about FATCA and FBAR. Do you know what they’re and whether you have to file or not? It is crucial...
Posted by Flynn Financial Group Inc on 09/14/2018
Do you think about getting retirement overseas? This’s a good choice as well as a decision as to where must be made after the careful considerations regarding taxes, financial...
Posted by Niner's Accounting & Tax Services, LLC on 09/11/2018
As years pass by, the global market has expanded even more due to small and mid-size businesses and other business transactions to foreign countries. Along with this significant expansion...
Posted by US and International Business Services on 03/05/2018
For United States citizens who have foreign bank accounts, there are several reporting requirements that come around within the time frame of tax time. These accounts are being aggressively...