Determining US citizenship can be complex, especially for individuals born outside the United States or
For US citizens residing in Australia, tax compliance can involve certain filings, especially when foreign
The IRS Streamlined Foreign Offshore Procedures could be your ticket to bring your US tax
Many clients approach us having made the decision or considering giving up their US citizenship.
In addition to filing US tax returns and related information forms, a US person may
In 2019 the IRS released a new Procedure for certain persons who have relinquished, or
A PFIC is a passive foreign investment company. The tax rules relating to PFICs were
The US is one of the few countries to tax their citizens not on their
US citizens are taxed on their world-wide income regardless of where they live. The tax