by Lance Morris | Aug 28, 2025 | double taxation, Expat Taxation, FATCA, Filing Requirements, Foreign Income, Foreign Tax Credit, Gifts, Renouncing US citizenship, Tax Treaties, Uncategorized, US NZ tax Requirements
Why Choosing the Right Accountant Matters At US Global Tax, we are proud of the exceptional standards our team upholds. Our accountants bring together strong academic backgrounds, professional training, and years of practical experience. We have built a reputation for...
by Lance Morris | Aug 27, 2025 | double taxation, Expat Taxation, FATCA, Filing Requirements, Foreign Income, Foreign Tax Credit, Gifts, Tax Treaties, Uncategorized, US NZ tax Requirements
What are the options available to a US citizen living abroad who has never filed FATCA, FinCEN or Tax returns. A U.S. citizen living abroad who has never filed for IRS income tax returns, FATCA reporting, and FinCEN FBAR reports still has compliance options available....
by Lance Morris | Aug 27, 2025 | double taxation, Expat Taxation, FATCA, Filing Requirements, Foreign Income, Foreign Tax Credit, Gifts, Renouncing US citizenship, Tax Treaties, US NZ tax Requirements
The New Senior Deduction Under H.R. 1: What U.S. Citizens Living Abroad Need to Know For years, U.S. retirees, especially those living abroad have been caught between complex tax rules and campaign promises that never fully materialized. One of Donald Trump’s key...
by Lance Morris | Aug 25, 2025 | double taxation, Expat Taxation, FATCA, Filing Requirements, Foreign Income, Foreign Tax Credit, Gifts, Renouncing US citizenship, Tax Treaties, Uncategorized, US NZ tax Requirements
Residence Tie-Breaker Rules and the Substantial Presence Test: U.S.–NZ and U.S.–Australia Tax Treaties Explained What is the Substantial Presence Test (SPT)? The Substantial Presence Test (SPT) is the IRS’s primary method of determining when a foreign national becomes...
by Lance Morris | Aug 21, 2025 | double taxation, Expat Taxation, FATCA, Filing Requirements, Foreign Income, Foreign Tax Credit, Gifts, Renouncing US citizenship, Tax Treaties, Uncategorized, US NZ tax Requirements
What is the IRS Substantial Presence Test? The Substantial Presence Test (SPT) is a key standard applied by the Internal Revenue Service (IRS) to determine whether a non-U.S. citizen should be treated as a resident alien for U.S. tax purposes. Residency classification...
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...