If you are a non-national who first files a U.S. tax return or a U.S. citizen who has moved overseas, you might be wondering what the filing process looks like. Below, we'll explain...
Posted by BEST FINANCIAL GROUP LTD on 12/18/2021
A non-resident alien is not a U.S. citizen and does not pass the green card or background tests used to determine tax status. Non-resident aliens must pay taxes on their income in...
Posted by James Financial Services Inc on 12/10/2021
You must be a U.S. citizen, lawful permanent resident (green card holder), or pass the "substantial presence" test to be recognized as a U.S. resident for tax purposes. Some...
Partners need to examine and review their operating agreement for them to effect the new audit rules. As of the 2017 tax year, the IRS examined tax returns from a partnership...
Posted by Tim Thompson CPA PLLC on 02/27/2020
Resident or non-resident alien The IRS utilizes two tests—the 'green card test' and the 'substantial presence test'—for determining your alien...
If you are a foreigner (not a US citizen), you are considered a non-resident alien if you do not pass one of the two exams. You are a foreign resident of the United States for tax...
Posted by Global Accounting on 04/09/2019
If you are not a citizen of The United States of America and you file a tax return in the United States for the first time, you will probably be wondering what shipping process is...
Posted by Advantage Tax Services, Inc. on 04/09/2019
4.3.1 (a) Residence of IndividualsUnder U.S domestic tax law, all individuals are subject to U.S tax, unless specifically exempted.U.S citizens are subject to U.S. tax on a worldwide...
For many taxpayers, determining residency can be as simple as indicating that you are a legal U.S. citizen. However, for those who are nonresident aliens, the tax implications are...