Planning your U.S. expat relocation? Use this essential tax checklist before moving abroad. Understand U.S. tax obligations, state tax residency, FBAR/FATCA, and key tax planning steps for leaving the U.S. tax compliant.

Navigate Puerto Rico's Sales and Use Tax (IVU). Learn about taxable transactions, exemptions, registration, filing via SURI, and compliance for businesses.

Clarify the difference between FBAR and FATCA, understand U.S. foreign account reporting requirements for expats, who needs to file, what forms are required (FinCEN Form 114, Form 8938), and the severe penalties for non-compliance with offshore accounts rules.

Understand the two main methods for reducing U.S. tax on foreign income, the Foreign Earned Income Exclusion (FEIE) and the Foreign Tax Credit (FTC), and learn how to choose the most beneficial one for your U.S. expat taxes based on your situation...

Do you have to file an FBAR? I breakdown the requirements here for you...

Here are the key points to understand about the Child Tax Credit....

Are 529 contributions tax-deductible, and how do the rules apply to U.S. expats?...

Step-by-step guide to help you become compliant with U.S. tax laws and gain peace of mind regarding your tax obligations...

This form is used to report transactions with foreign trusts and the receipt of substantial foreign gifts or inheritances...

There are seven income tax brackets at the federal level. What are they, how do they work, and how do they affect you...

The new year is here and with it come many easy legal things you can do to pay less in taxes...

Here I explain what a gross income means and how it relates to taxes

Learn what an Opportunity Zone is, how to get the most out of your capital profits, and what type of investment activities are eligible

Millions of American families have received monthly advance Child Tax Credit payments...

U.S. citizens and residents who own foreign companies: You must know about this form and understand its requirements

In this short blog post I explain to you what is Adjusted Gross Income (AGI)...

Learn about gross income and how it works...

Investments in virtual currencies have become more popular, and now investors are dealing with the tax compliance aspects of this new type of investment...

Learn the Top 5 Strategies Successful People Use to Pay Less Taxes

The Foreign Account Tax Compliance Act (FATCA) forms an essential part of the U.S. efforts to combat tax evasion by U.S. persons ...

Will I be taxed on the money or asset I receive as a gift? Will I be taxed for giving money or assets?

Why and when should you file your tax return once the deadline has passed...

If you sent the IRS your bank information using the Non-Filers: Enter Payment Info Here and now need to file a 2019 tax return, you must amend your submission.

Things can get a bit more complicated when both you and your partner have similar roles on your dependent's life and support and you're not filing a joint return as a married couple... Learn your options!

The IRS said that it has issued all Economic Impact Payments for now, so if you were eligible but missed out on getting your payments: Read this post to know what you should do to claim them...

How can you speak with a live person at the IRS? In this blog post I share 5 easy ways to get in contact with the IRS

Donations are oftentimes tax deductible and I want to explain to you briefly how you can get the most taxes benefits for the donations you make...

Here's a list of the key provisions of the new stimulus package...

Congressional leaders on Sunday reached a deal on a $900 billion COVID-19 economic relief package. Here’s everything you need to know...

Non-U.S. citizens who don’t qualify for a SSN, can use an Individual Taxpayer Identification Number (ITIN) to file their tax returns...

The amount of your standard deduction is based on three main factors...

Not all taxpayers qualify for the standard deduction...

In order to deduct the amount of income that will be subject to U.S. taxes, you are allowed to select one of two types of deductions...

If you don't live in the United States, why do you have to file taxes there? There are two main reasons...

When filing your U.S. taxes, you may be asking yourself: If my spouse doesn't have a Social Security Number, what should we do?...

If any of these situations sound like yours, it is best to immediately contact a tax attorney...