To say that the US tax code is complicated would be a vast understatement. There are forms for every possible situation, income source and individual. There are even tax...
Will My Bank Still Need to Report My Financial Information to the IRS Under FATCA?
As a US citizen, you must report your financial information to the government wherever you go. However, President Trump has indicated a move away from taxing people based...
Form 5471: How US Citizens File a Foreign Corporation with the IRS
It doesn’t matter where you live or what tax strategy you have in place – if you’re a US person with stock in a foreign company, the IRS wants to know about it. Whether you’re a...
Best Gulf Country for Company Formation and Business Setup
For ambitious entrepreneurs, the Gulf region offers a powerful blend of top-tier banking systems and business-friendly laws that streamline company formation and make the process...
Why The IRS is Coming for Puerto Rico Act 60
Having acquired the islands of Puerto Rico after the Spanish-American War in 1898, the archipelago remains a territory of the United States to this day. Puerto Rico allows US...
Best Jurisdictions For Offshore Trust Formation
This article looks at the topic of offshore trusts with details on some of the most popular offshore jurisdictions. In it, you will learn how international trusts work and how...
What is Form 1099A: The Ultimate Guide
This article discusses Form 1099-A, who files it, who receives it, what its constituents are, and what it could mean for your tax returns. The Internal Revenue Service (IRS) is...
Best Performing Currencies of 2022: The Ultimate Guide
This article will discuss the best-performing currencies of 2022, which led the global trade, and how different currencies in the world fared compared to the US dollar, which is...
Cyprus Company Formation: The Ultimate Guide
With its sun-soaked beaches, business-friendly tax regime and affordable Golden Visa program, Cyprus has become a magnet for global entrepreneurs looking to set up shop. The...
IRS Tax Relief for Expats Impacted by COVID-19
Dateline: Merida, Mexico The coronavirus pandemic has limited travel in many areas of the world and by doing so has changed the plans of many expats. If your global tax plan was...
