by Daria Vovk | Aug 20, 2022 | Uncategorised
Whilst in most cases there is no US tax on inheritance received, reporting may still be required. The US generally taxes an estate, and distributes to beneficiaries tax free, but our helpful video below explains a little more around the reporting...
by Daria Vovk | Jun 13, 2022 | Uncategorised
Our clients frequently ask us what sets US Global Tax out from its overseas competitors. Fortunately, this is an easy one to answer…By being based locally, it means we have staff experienced and qualified in not only US taxation, but also the local NZ or...
by Daria Vovk | May 29, 2022 | Uncategorised
For many US citizens who live in NZ or Australia, filing Form 8833 is part of their annual tax return. Form 8833 is used to tell the IRS when you intend to take advantage of some of the tax benefits or determinations made in the tax treaty, and can sometimes be hugely...
by Daria Vovk | Apr 10, 2022 | Uncategorised
Amongst the many different credits, exclusions and deductions offered by the IRS, one of the most effective in reducing a tax liability, is the ability to claim dependents on your tax return. For US tax purposes, a dependent can be a child you care for, or other...
by Daria Vovk | Feb 27, 2022 | Uncategorised
For most foreign based US citizens who own a foreign company, it is usually expected that at least some reporting will be needed to the IRS. This is usually done on Form 5471, however there are also lesser known forms of reporting. Learn more in our video...
