The Foreign Tax Credit (FTC) helps U.S. taxpayers avoid double taxation on income earned abroad. Using Form 1116, we guide you through claiming this credit, ensuring you receive the maximum allowable benefit for taxes paid to foreign governments while staying in compliance with IRS regulations.

The Foreign Earned Income Exclusion (FEIE) allows U.S. citizens and residents living abroad to exclude a certain amount of foreign-earned income from U.S. taxation. We help you navigate Form 2555 to take full advantage of this exclusion, reducing your tax liability while meeting the IRS’s requirements.

Tax equalization ensures that employees on international assignments do not experience additional tax burden due to the assignment. We review your tax equalization calculations, ensuring compliance with the terms of your expatriate package and minimizing potential tax liabilities during foreign assignments.

Tax treaties between the U.S. and other countries can provide beneficial treatment for foreign retirement contributions and income. We help you claim tax treaty benefits using Form 8833, ensuring that you minimize taxes on foreign retirement income or contributions, in accordance with the relevant treaties.

For nonresidents, we specialize in preparing Form 1040-NR, ensuring that your U.S. tax obligations are met while accounting for your unique residency status. We help you navigate complex rules surrounding income, deductions, and exemptions applicable to nonresidents.

Dual-status individuals are those who have been both a U.S. resident and a nonresident in the same tax year. We determine your U.S. income tax liability for a dual-status year, accounting for the different rules that apply for the part of the year you are a resident of the United States and the part of the year you are a nonresident.

IRC § 6013 allows a nonresident alien to file as a resident of the US or make specific elections regarding their filing status. We make the election, ensuring that you claim the most advantageous filing status to minimize your tax liability.

If you or your spouse are a nonresident or ineligible for a Social Security number but need to file taxes, we help with applying for an Individual Taxpayer Identification Number (ITIN) using Form W-7.

Under the Foreign Account Tax Compliance Act (FATCA), U.S. taxpayers with foreign financial assets above certain thresholds must report them on Form 8938. We provide accurate FATCA reporting, ensuring you meet IRS requirements and avoid penalties for non-disclosure.

If you transfer property or money to a foreign corporation, Form 926 is required to report these transactions.

Investing in a foreign fund can trigger specific U.S. tax requirements for Passive Foreign Investment Company (PFIC). We help you navigate the complex rules of PFIC reporting and prepare Form 8621, ensuring proper tax treatment and minimizing any associated penalties or taxes on your foreign investments.

U.S. taxpayers with interests in foreign trusts or receiving foreign gifts must report them to the IRS using Form 3520 and/or Form 3520-A. These forms ensure compliance with U.S. tax laws by disclosing trust transactions and ownership.

If you are a shareholder in a foreign corporation, you may need to file Form 5471 and Form 8992 to report ownership in a foreign corporation and Global Intangible Low-Taxed Income (GILTI).

For U.S. taxpayers involved in foreign partnerships, Form 8865 is required to report your share of the partnership’s income, deductions, and other relevant information.

A foreign disregarded entity (FDE) must be reported on Form 8858 by U.S. owners. This form helps disclose income, expenses, and other relevant financial information of the entity.

The FBAR (Foreign Bank Account Report), filed through FinCEN Form 114, is required for U.S. taxpayers with financial interests in or signature authority over foreign bank accounts exceeding certain thresholds. We prepare and file your FBAR to ensure compliance with U.S. regulations and avoid significant penalties.

For taxpayers seeking to become compliant with U.S. tax laws after failing to file, we offer streamlined filing services. This includes preparing the last three years of tax returns and the last six years of FBARs, as well as assisting with Form 14653, which provides a statement of compliance under the IRS Streamlined Filing Compliance Procedures.

Expatriation tax provisions apply to U.S. citizens who have relinquished their citizenship and long-term residents who have ended their residency (expatriated).