Articles

PASSIVE FOREIGN INVESTMENT COMPANIES (“PFICS”)

United States citizens and tax residents are discouraged from investing in Passive Foreign Investment Companies (PFICs) with primarily passive income ...
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LAST MINUTE TAX EXTENDERS

Many of the tax provisions below were set to expire at the end of 2017 but have now been extended ...
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FOREIGN INVESTMENT IN REAL PROPERTY TAX ACT OF 1980 RULES (“FIRPTA”)

The United States has one of the most active real estate markets in the world, and it is important for ...
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AVOIDING IDENTITY THEFT

Earlier this week the IRS launched Identity Theft Central. This page is designed to improve online access to information on ...
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TOP 10 THINGS EXPATS RESIDING OUTSIDE THE U.S. NEED TO KNOW

1. Expats still have to file in the US           The US tax system is based on citizenship rather than residency.  Wherever you ...
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TOP 5 THINGS US CITIZENS HOLDING FOREIGN COMPANIES NEED TO BE AWARE OF

1. Foreign entity reporting Depending on the type of entity (trust, partnership, corporation, LLC) and the ownership percentage of the U.S. ...
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