by Lance Morris | May 28, 2025 | Expat Taxation
Investing in New Zealand companies as a U.S. citizen or resident requires understanding certain filing obligations. These include specific forms that you may need to submit to comply with U.S. tax and regulatory requirements. This blog outlines critical information on...
by Lance Morris | May 15, 2025 | Gifts
The IRS has introduced significant updates for U.S. expats regarding the reporting of foreign gifts and trusts. The Proposed Treasury Regulations clarify existing obligations. First, the reporting threshold for gifts from foreign individuals or estates is now set at...
by Lance Morris | May 8, 2025 | FATCA
The Foreign Account Tax Compliance Act (FATCA) establishes critical reporting requirements for U.S. taxpayers with high-value foreign financial assets. Understanding these requirements is essential, especially for expatriates. Recent updates reveal key thresholds,...
by Lance Morris | Apr 29, 2025 | double taxation
Navigating double taxation treaties can be challenging for US citizens living abroad. Understanding these treaties allows you to avoid paying taxes on the same income in more than one country. Here’s a straightforward guide to help you understand the ins and outs of...
by Lance Morris | Apr 22, 2025 | Foreign Income, Foreign Tax Credit
Complying with U.S. tax laws for investments in foreign companies and trusts requires a clear understanding of current regulations and reporting requirements. The landscape has become more complex due to recent changes under the Tax Cuts and Jobs Act (TCJA) and...
