Read why 6.3 million Americans living abroad still must file a US tax return each year. http://finance.yahoo.com/news/non-us-residents-abroad-must-file-income-taxes-195444214.html
US IRS rules, regulations and laws, for US Citizens, Americans, green card holders, and nonresidents living abroad or moving to the US or out of the US.... valuable information on IRS rules concerning U.S. expatriates and their tax returns, and tax planning.... by an experienced International Tax Attorney
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February 7, 2014
February 6, 2014
INTERNATIONAL TAX RATES AROUND THE GLOBE
Click here for a great graphic with the international tax rates around the world (both corp and individual) including other interesting facts from INTERNATIONAL RELATIONS ON LINE. You can use it to plan where to locate your business and personal affairs.
Need more information on US International Taxation, email us ddnelson@gmail.com or view more information at TAXMELESS.COM
February 1, 2014
US TAXATION OF FOREIGN INVESTMENTS
Great article from Forbes Magazine. ..foreign tax credits and foreign mutual funds explained. http://www.forbes.com/sites/investopedia/2014/01/31/understanding-taxation-of-foreign-investments/
Learn more at www.Taxmeless.com. Questions? Email ddnelson@gmail.com
January 30, 2014
Qualifying for the Foreign Earned Income Exclusion Physical Presence - When You Have Foreign Residence or Tax Domicile
January 5, 2014
IRS DELAYS 2013 FILING START DATE
December 31, 2013
New Tax Law Changes for 2013
What's New
- $125,000 if married filing separately,
- $250,000 if married filing jointly, or
- $200,000 for any other filing status.
- $125,000 if married filing separately,
- $250,000 if married filing jointly or qualifying widow(er), or
- $200,000 if any other filing status.
- $150,000 if married filing separately,
- $250,000 if single,
- $275,000 if head of household, or
- $300,000 if any other filing status.
- $150,000 if married filing separately,
- $250,000 if single,
- $275,000 if head of household, or
- $300,000 if any other filing status.
December 24, 2013
2013. IRS MEDICARE TAX ON INVESTMENT INCOME EXPLAINED
December 18, 2013
Expats - IRS Finally Tries to Make It Easier for You to Find Answer`
Topics covered run from Alien Departure Permits to Working Abroad. If you need further help email us at ddnelson@gmail.com or visit our website at www.TaxMeLess. where many of these complex tax issues are simplified.
The latest expat and international developments are immediately posted at our blog: www.usexpatriate.blogspot.com
What to do when you have an undisclosed foreign account
December 17, 2013
What is Correct FBAR Statute of Limitations? 6 years or ???
You still may not be safe after six years. Closing the foreign account and not filing could make things worse! Read more below:
http://www.forbes.com/sites/robertwood/2013/12/17/whats-the-fbar-statute-of-limitations/
December 16, 2013
12 Countries to Exchange Taxpayer Info With IRS
See list of countries and details of agreements below
http://mobile.businessweek.com/news/2013-12-16/12-agreements-signed-to-help-u-dot-s-dot-fight-offshore-evasion-taxes
December 15, 2013
US EXPAT ARE STILL SUBJECT TO ESTATE & GIFT TAXES
Read below. As an expat you must include your assets everywhere in the world. Gifts include those made abroad. Green card holders living abroad are not covered by these rules and will owe US estate taxes on US based assets exceeding $60,000 in total value.
http://www.timesdispatch.com/business/investment/time-to-check-the-list-for-financial-and-estate-planning/article_d9aa1b36-595b-5072-8360-5fe54d0dacab.html?mode=jqm
December 12, 2013
2014- Four Estate Planning Tips You Need to Know
December 4, 2013
What To Do When Your Foreign Banks Asks Questions
December 3, 2013
IRS COLLECTING PENALTIES FOR LATE FILED FORMS 5471- INFORMATION REPORTS ON FOREIGN CORPORATIONS
Read more in article from Accounting Today. http://www.accountingtoday.com/news/IRS-Gets-Better-Assessing-Penalties-Late-Reporting-Foreign-Corporations-68888-1.html
December 2, 2013
US Signs FATCA Agreements With Cayman Islands, Costa Rica
November 25, 2013
CANADIAN BANKS WILL HELP US IRS NAIL TAX CHEATS
November 17, 2013
What does Green card and Citizenship surrender have to do with it? Tina Turner Knows
In the past many months we have assisted and advised over one hundred US Citizens or Green Card holder surrender their US status which also relieves them of having to file any future US tax returns. The
hardest part is that you must first acquire citizenship in another country. It is a two part process with part one involving the US State Department and part two involving the IRS.
If you live abroad, and have dual citizenship and want to learn more, email me at ddnelson@gmail.com
Read More in Forbes about Surrendering your US Status
November 12, 2013
Hunt for US Tax Evaders Widens
From USA TODAY Hunt for offshore tax evaders widens Feds expand hunt for offshore tax evaders http://usat.ly/1cleDlK