The IRS has issued a statement saying it will no longer challenge claims for foreign tax credits..

Tax

After over 30 years from the issuance of Notice 88-22, promised guidance in the form of proposed..

Tax

If you are a resident alien, own more than 10% of the vote or value of a foreign corporation deemed..

Expats, Tax

Before the Tax Cuts and Jobs Act (TCJA) a nonresident alien (NRA) could not own stock in a US S..

Tax, Nonresident Alien

If you are a resident alien you are subject to the same US income and estate taxes as US citizens;..

Expats, Tax

The IRS recently issued final regulations regarding the Foreign Account Tax Compliance Act (FATCA)...

FATCA/CRS, Tax

Part of the TCJA of 2017 was an incentive for retaining intangibles in the US rather than..

Tax

If you are a green card holder planning on going back to your home country or a US citizen..

Expats, Tax

On February 28, 2019 the Senate introduced a bill that would simplify and ease the tax filing and..

Tax