by Lance Morris | Oct 17, 2021 | Uncategorized
For many US citizens living in New Zealand, understanding how their US pension will be taxed is understandably a matter of concern. The most important part of this question is usually who will tax the pension, rather than how. For private pensions,...
by Daria Vovk | Oct 3, 2021 | Uncategorized
Whilst the US has double taxation agreements with a large number of countries, one lesser known clause included in each treaty is the “Savings Clause'”. The Savings Clause affects how almost every article in the treaty should be read, learn more in our...
by Lance Morris | Sep 19, 2021 | Uncategorized
This month, the IRS finally came roaring into the 21st Century with a new document upload tool for taxpayers. For most individuals who’ve needed to send documentation to the IRS, such as in response to notices or assessments, it would’ve been noted that the IRS...
by Lance Morris | Sep 5, 2021 | Uncategorized
News of the staffing crisis at the IRS is likely not a surprise to many, with processing and refund delays seemingly becoming worse year on year. Many of our New Zealand and Australian based clients are currently waiting up to 6 months for their returns to be...
by Lance Morris | Aug 22, 2021 | Uncategorized
One of the few financial benefits which our staff at US Global Tax, have seen an increase in during the pandemic, is debt cancellation. Whilst this has mainly been for businesses in the form of rent relief, it does occur commonly on an individual level also. But, what...
by Lance Morris | Aug 1, 2021 | Uncategorized
In July 2020, the US Treasury conducted an audit of the IRS and the management of withholding/refunds for those who receive income on Forms 1099/1042-S. The outcome of the audit was that better controls were needed with regards to the IRS data matching system, as...
