Category: Taxpayers
What The New Child Tax Credit Means for Families in 2021
In the 2021 tax year, The Child Tax Credit amount will increase from $2,000 (per qualifying child) to up to […]
Read MoreGlobal Tax Compliance with Incentive Stock Options (ISOs)
Incentive Stock Options (ISOs) can help motivate employees to drive company success. While ISOs can be a complex component of […]
Read MoreIRS Tax Deadlines Extensions That Can Help You Save
Every year US taxpayers have the opportunity to extend their tax filing deadline to October 15th and are required to […]
Read MoreGot Bitcoin? 3 Things to Know About Virtual Currencies and Filing Your 2020 US Tax Return
You may have noticed the seemingly new income tax return question on your Form 1040: “At any time during 2020, […]
Read More5 Tax Tips for Filing Your US Tax Return in 2021
We hope your 2021 is off to a great start so far and that your friends and family are healthy […]
Read MoreFarewell USA, Hello Exit Tax! Considerations and Tax Planning for Relinquishing a green card or US citizenship
If you are planning to leave the US, future taxes might be the last thing on your mind! To help […]
Read MoreConsidering a US Green Card? Here is What You Should Know
If you recently obtained a green card, you may not be familiar with how your taxes will be affected. It […]
Read MoreIR-2020-109: IRS reminder: June 15 tax deadline postponed to July 15 for taxpayers who live and work abroad
The IRS has issued Reminder IR-2020-109 (June 2) that applies to any taxpayers who live and work abroad. The June 15th US federal […]
Read MoreIRS COVID TAX TIP 2020-42:
Read about IRS warnings to tax payers during the COVID-19 pandemic. The IRS warned that taxpayers should be especially mindful at […]
Read MoreUS tax developments due to COVID-19 – Governments extending payment and/or filing due dates
Due to COVID-19, tax authorities have provided some relief to taxpayers as follows: US Federal Income Taxes As you may […]
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