by Daria Vovk | Dec 1, 2024 | Uncategorized
This year marks a significant milestone for us at US Global Tax—we’re celebrating 10 years of dedicated service to our valued clients! 🎉 Over the past decade, we’ve been committed to providing exceptional tax solutions and expert financial guidance to individuals,...
by Daria Vovk | Oct 26, 2024 | Uncategorized
If you are a U.S. citizen or resident and you have foreign financial accounts, you may need to file the Foreign Bank Account Report (FBAR) annually. The FBAR is filed with the Financial Crimes Enforcement Network (FinCEN) and is essential for reporting foreign bank...
by Daria Vovk | Sep 23, 2024 | Uncategorized
What do you do? It’s simply not possible to function without bank accounts. In this instance the U S citizen was asked to provide their tax identification number, social security number or evidence that they have initiated the process to obtain this, or have...
by Daria Vovk | Sep 22, 2024 | Uncategorized
US Citizens with a KiwiSaver A KiwiSaver account may be considered a grantor trust for IRS reporting purposes if certain conditions are met. In general, a grantor trust is a type of trust where the individual who contributes assets to the trust retains control or...
