Estate Planning for Mixed Nationality Couples
Christopher J. Byrne – Strafford Estate Planning for Mixed Nationality Couples Webinar 2022-11-08
Category: Foreign Tax Preparation
Issues relating to the preparation of Foreign Tax Returns
Entity Classification Foreign Tax Preparation Forms and Filings Internal Revenue Code Internal Revenue Service International Taxation Tax Compliance
New Form 5472 Reporting Requirements
Form 5472 Information Return of a 25% Foreign-Owned U.S. Corporation or a Foreign Corporation Engaged in a U.S. Trade or Business is often an overlooked form. In general, this form…
Controlled Foreign Corporation ("CFC") Foreign Tax Preparation Forms and Filings Internal Revenue Code Internal Revenue Service Tax Compliance
Dormant Foreign Corporations
A Controlled Foreign Corporation (“CFC”) is, in general, a foreign corporation controlled by a U.S. person(s) through ownership of stock. A U.S. person owning at least 10% of a CFC has a…
Foreign Tax Preparation Forms and Filings International Taxation International Treaty Tax Compliance
Taxation of Consulate Workers in the United States
Resident aliens working for foreign consulates located within the United States may wonder how much, if any, of their income is subject to U.S. taxation. The first place to look…
Compliance Issues Foreign Tax Preparation Forms and Filings Internal Revenue Code Internal Revenue Service Tax Compliance
3520 Filing Deadline without a Return
Form 3520 Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts and Form 3520-A Annual Information Return of Foreign Trust with a U.S. Owner are…
Foreign Country Filing Considerations Foreign Tax Preparation Forms and Filings Internal Revenue Service International Taxation International Treaty U.S. Withholding
Alimony Payments by a U.S. Citizen to a Nonresident Alien
With an ever expanding global economy and migrating workforce, it comes as no surprise that marriage and divorce transcends borders as well, creating unique tax implications for those involved. Generally,…
Blocked Income Compliance Issues Elections Foreign Tax Preparation Forms and Filings International Taxation Tax Compliance
Blocked Income: Filing Form 3115
When a foreign country places restrictions on its currency, making it difficult or impossible to readily convert into U.S. dollars, the income that has been locked up in the foreign…