Services

Unlike most countries, the U.S. has citizenship based taxation meaning your requirement to file a U.S. income tax return follows you even if you live outside of the U.S. 

Whether you are living/working in the U.S. or abroad, we can prepare your U.S. federal and state income tax returns. There are methods to reduce or eliminate double taxation that ordinary tax preparers do not know about – do not miss out!

Common Forms include: 1040, Schedule(s) A, B, C, D, E, 1116, 2555

For any U.S. corporation, partnership or trust we can prepare the federal and state income tax returns along with the K-1’s (if applicable).

Common Forms include: 1120, 1120-S, 1041, 1065

If you are temporarily present in the U.S. or have U.S. sourced income you will likely have a U.S. filing obligation, even if you are not a U.S. citizen or resident.  There are many variables such as  visa type, country of residence, and source/type of income received that will determine taxability in the U.S.

Common Forms include: Common Forms include: 1040NR, 5472, 8316, 8802, 8833, 8843

There are a few different methods to get you caught-up and back on track.

For those eligible, the IRS amnesty program known as the “streamlined filing compliance procedure” is often the most beneficial route to take. During the initial free consultation we can determine the best course of action to get you caught up in no time. 

Common Forms include: 14653, 14654

Any type of income tax return can be amended to correct errors. In most cases you have 3 years from the original return’s due date or 2 years from the date you paid the tax due to request a refund. 

The IRS often requires U.S. taxpayers to disclose their foreign entity holdings.  Depending on how the foreign entity is structured you may also need to report the income & expenses from these entities directly on your personal tax return.

Common Forms include: 5471, 8858, 926, 965, 8865, 8992, 8993

The IRS often requires U.S. taxpayers to disclose their foreign accounts, investments & assets.  The most common of these forms is the FBAR (for taxpayers with $10,000 in combined foreign assets) and the form 8938 at the applicable higher thresholds which vary based on filing status.

Common Forms include: FinCEN-114 (FBAR) and 8938

In some cases taxpayers may want to relinquish their U.S. citizenship to avoid the requirement to file a U.S. tax return. We can discuss whether this option makes sense for you and the consequences of doing so. 

Common Forms include: 8854

Setting up an official entity is a great way to save tax or protect assets. We can prepare the filings necessary to create the desired business entity with the appropriate governing body.

Common Forms include: 8832, 2553

If you are not eligible for a social security number but need to be included on a U.S. tax filing, then you need to obtain an Individual Taxpayer Identification Number (ITIN). We can process the application to get you an ITIN quickly. 

Optimizing a business type or entity structure can provide great benefits to a taxpayer or business. This in-depth consultation will look at all of the variables to find the most efficient structure depending on the desired outcome. 

We can calculate the expected tax liability from a hypothetical transaction or series of events. 

We can time and plan taxable events, such as realizing income or losses, to occur at a time that reduces overall tax liability.