Form 8865: Tax Returns for Foreign Partnerships

Form 8865: Tax Returns for Foreign Partnerships

As readers of this site know, the United States taxes its citizens (including expats who live and work abroad) and legal permanent residents (LPRs) on their worldwide income. No matter where in the world your income is derived, the US government wants its piece, and...
Form 3520: US Taxes on Gifts and Inheritances

Form 3520: US Taxes on Gifts and Inheritances

You’ve probably heard the expression that the only two things certain in life are Death and Taxes. The United States’ Internal Revenue Service (the IRS) works very hard at making the second item in that short list true, especially for expats and US foreign taxpayers....
FinCEN114: Everything You Need to Know

FinCEN114: Everything You Need to Know

If you are a citizen (resident or non-resident) of the United States, green card holder, or resident alien who has a financial interest in or signature authority over a foreign financial account or accounts whose combined value is $10,000 or more in any calendar year,...
A List of the Best Offshore Private Vaults

A List of the Best Offshore Private Vaults

Whether you’re storing gold and silver bullion or fine art, the world’s best offshore private vaults offer non-reportable storage alternatives to bank safe deposit boxes Dateline: Singapore I’ve been fascinated with the concept of offshore private...