Tweet As US Expats, it´s important to take note of the typical deadlines which may be slightly different each year. Mark your calendar in advance of those deadlines and forward the needed information to your tax advisor by these dates. Deadlines April 15, 2015 – US tax filing deadline and due date for all taxes liabilities […]
How to reduce your US taxes
Tweet I hear it and read it so often: The US tax law is ‘convoluted, unclear, full of double negatives, and incredibly punitive with penalties and interests’. Some clients have previously been told by other advisers there was nothing they could do to reduce their taxes because their income was too high, or, have been […]
The IRS’ new streamlined offshore compliance program
Tweet The IRS makes significant variations to its offshore disclosure procedures to encourage U.S. taxpayers with foreign financial assets to comply with their tax obligations. Earlier this year, on June 18, the IRS pronounced major modifications to its offshore voluntary compliance programs, providing fresh opportunities to aid taxpayers residing both overseas and in the United […]
U.S. Expatriated Entrepreneurs and Apple Tax Rules: Not All That Different.
TweetBack in 2013 the Offshore Leaks report, the crisis in Cyprus and the US Senate’s probe of Apple’s tax affairs injected renewed urgency into a global effort to crack down on aggressive tax avoidance. In fact, governmental authorities alleging that Apple had avoided billions of dollars in taxes shone an unforgiving spotlight on the international […]