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

Expats, 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

You are a resident alien of the United States for tax purposes if you meet either a green card test..

Expats, Tax

The IRS has released a new Form 1118, “Foreign Tax Credit — Corporations,” and new instructions..

GILTI, Tax, Transition Tax

While regulations were issued on the new Transition Tax (Sec. 965), not much new was provided on..

Tax, Transition Tax

On June 21, 2018, in a highly anticipated decision, the US Supreme Court ruled (essentially) that..

Tax

The Internal Revenue Service issued a news release on Tuesday announcing it will close down the..

FATCA/CRS, Tax

The Tax Cuts and Jobs Act (TCJA) that was enacted on December 22, 2017, includes a deemed..

GILTI, Tax