Sharesies – US Tax Trap?

Sharesies – US Tax Trap?

As a US tax practitioner in New Zealand, I’m frequently asked the question “Is Sharesies a wise investment for US citizens?”. Well…it can be, but frequently isn’t. For those who aren’t familiar with Sharesies, here’s a brief explainer of the tax implications for US...
Article – US Taxation of NFTs

Article – US Taxation of NFTs

Whilst it was only a short while ago that many of us learned what an NFT is, they are now a clearly defined part of the investing and collectors landscape. For those unfamiliar with the term, an NFT is a Non-Fungible Token. Not that this means a great deal of course,...
The 18th of April Deadline

The 18th of April Deadline

We have been receiving a rush of calls from clients worried about the 18th of April deadline. What is the 18th of April deadline? The 18th of April deadline is the first individual US tax return deadline of the year. However, an automatic extension is granted for US...
15th March 2023 – Trust Filing Deadline

15th March 2023 – Trust Filing Deadline

Haven’t January and February passed quickly! We’re now almost in March, and ready to begin discussing the first major deadline of the year, the 15th March deadline for filing Form 3520-A, 1120, and 1065. During 2018, the IRS began to apply penalties due to late filing...