New Tax Laws for Tax Cuts and Jobs Act It’s certainly an interesting time to be a CPA. The provisions of the Trump tax act bring added complexity to areas of the law that were not simple, to begin with. Tax planning opportunities President Trump signed the most sweeping new tax legislation that the US...Read More
Congress to U.S. Citizens: Pay Your Income Tax or Forfeit Your Passport A common question from the EXPAT community is what happens if I do not pay my US Taxes? Well for the first time, in addition to facing various IRS actions, a US Citizen could lose their US Passport and their ability to travel...Read More
Streamlined Disclosure Program Won’t Continue Indefinitely A streamlined version of the Offshore Voluntary Disclosure Program, designed to bring taxpayers with unreported assets overseas into tax compliance, will end after the IRS determines there’s no way a taxpayer who wanted to participate couldn’t have heard about the process, Commissioner John Koskinen said. “At some point, we...Read More
If you missed the June Deadline, Don’t Worry! There’s still time to file – We can Help. The June 15th expat tax deadline has passed, but it’s never too late to file your expat taxes! Whether you’re behind on filing this year or several years, we’re here to help and can explore your options together....Read More
Brexit – Our Perspective Britain’s decision to exit the European Union has brought with it all the expected trappings of a significant news event – projections of crazy market volatility, wild headlines and a fair dose of uncertainty about the long-term impact on the global economy and our individual financial lives here at home. Many...Read More
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