IRS Letter 6173 Cryptocurrency: What It Means and How to Respond
Received IRS Letter 6173 about cryptocurrency? Here’s what the IRS wants, why they sent it, and how to respond without making things worse.
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Received IRS Letter 6173 about cryptocurrency? Here’s what the IRS wants, why they sent it, and how to respond without making things worse.
Renouncing U.S. citizenship triggers an exit tax for covered expatriates and a lifetime tail on U.S. heirs. Here is how the tax expatriation rules work.
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.