Foreign/Expatriate Tax Planning & Compliance
In today’s world, the opportunity to invest in foreign assets and businesses, or to work overseas has become more common. Even if your business activities occur outside the U.S., it does not eliminate U.S. tax compliance and reporting requirements.
The rules and regulations involved are typically complex and difficult to navigate. Not all CPA’s have the knowledge to handle these unique situations. Our team of experienced tax professionals frequently work with expatriate individuals and those with foreign assets or business ownership interests.
Regardless of the country, compliance concern, or filing status, we are ready to assist you.
Foreign Tax Credit
In any given year, your allowable foreign tax credit is limited based on both your foreign and U.S. sourced income. Unused credits can be carried forward to future tax years for a limited time.
These credits can lower your future U.S. tax liability on a dollar-for-dollar basis. Part of our job as effective tax planners is to advise you on taking certain steps to help you utilize these tax credits before they expire. We’re pretty good at it!
Services Offered:
- FBAR Filing & Compliance
- Foreign Tax Credit Planning
- Expatriation and Repatriation Planning
- Tax Treaty Review and Coordination
- Foreign & Domestic Tax Minimization Planning
Comprehensive Tax Services
We offer comprehensive strategies and guidance that helps you retain more of your income.
Estate & Gift Planning
Let us help you protect what you already have and create a plan that ensures your legacy for your family.
IRS Representation & Resolution
Facing the IRS alone is a daunting challange and rarely a good idea. We can help!