Atty CPA: What It Means When Your Tax Pro Has Both Licenses
An atty CPA holds both law and accounting licenses. Understand how dual credentials affect privilege, representation, and your IRS case.
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An atty CPA holds both law and accounting licenses. Understand how dual credentials affect privilege, representation, and your IRS case.
The foreign earned income exclusion can wipe out U.S. tax on roughly $130,000 of expat income. Here is how it works, who qualifies, and where
U.S. citizens abroad still file U.S. tax returns – period. Here is why citizenship-based taxation works, what eliminates the tax, and how to catch up.
Moved abroad and stopped filing? The Streamlined Foreign Offshore Procedures get most expats back in compliance with no penalty. Here is how it works.
Canadian accounts are usually not foreign trusts, but some are. Here is how RRSPs, TFSAs, RESPs, and ordinary accounts are classified for U.S. reporting.
Some foreign pensions are foreign trusts. Others are not. Here is how Australian super, U.K. pensions, and Canadian RRSPs are classified for U.S. reporting.
Missing Form 3520-A triggers penalties starting at $10,000 or 5 percent of trust assets per year. Here is how the penalty works and the paths