Do Foreigners Pay U.S. Estate Tax? The Honest Answer Is Yes
Nonresident aliens face U.S. estate tax on U.S. assets with only a $60,000 exemption. Here is how the rule works and the planning that reduces exposure.
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Nonresident aliens face U.S. estate tax on U.S. assets with only a $60,000 exemption. Here is how the rule works and the planning that reduces exposure.
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
A foreign relative can name you in their trust. The U.S. tax bill that follows depends on timing, structure, and whether anyone planned for the
A foreign trust is not always called one. Here is the legal definition, the forms it triggers, and how to find out if you have