by Lance Morris | Aug 21, 2025 | double taxation, Expat Taxation, FATCA, Filing Requirements, Foreign Income, Foreign Tax Credit, Gifts, Renouncing US citizenship, Tax Treaties
IRS Guide: What Is Depreciation Recapture? Depreciation is one of the most valuable tax deductions for U.S. taxpayers who own rental property, business equipment, or other depreciable assets. Over time, this deduction allows you to recover the cost of an asset by...
by Lance Morris | Aug 21, 2025 | double taxation, Expat Taxation, FATCA, Filing Requirements, Foreign Income, Foreign Tax Credit, Gifts, Renouncing US citizenship, Tax Treaties, US NZ tax Requirements
The Implications of Self-Employment for U.S. Citizens Living Overseas: A Focus on New Zealand and Australia For U.S. citizens living abroad, self-employment presents unique tax and financial challenges. While living in countries such as New Zealand (NZ) and Australia...
by Lance Morris | Aug 21, 2025 | double taxation, Expat Taxation, FATCA, Filing Requirements, Foreign Income, Foreign Tax Credit, Renouncing US citizenship, Tax Treaties, Uncategorized, US NZ tax Requirements
IRS Relief Procedures for Certain Former Citizens: A Path to Tax Compliance Without Paying U.S. Tax By Lance Morris For many individuals who unknowingly held U.S. citizenship or were dual nationals unaware of their U.S. tax filing obligations, the discovery can be...