by Daria Vovk | Aug 8, 2024 | Uncategorized
We received another enquiry today with respect to a New Zealand Bank closing/placing on hold the bank account of a US citizen. We have had similar instances previously and in other countries including Australia. This is why. The Foreign Account Tax Compliance Act...
by Daria Vovk | Aug 6, 2024 | Uncategorized
For American citizens and resident aliens living and working abroad, navigating the complexities of U.S. taxation can be challenging. One significant tax provision that helps alleviate some of this burden is the Foreign Earned Income Exclusion (FEIE). This article...
by Daria Vovk | Jul 24, 2024 | Uncategorized
Contact the team at US Global Tax to find out more. Daria in NZ [email protected] or Shalen in AU [email protected] 8 USC 1401: Nationals and citizens of United States at birth Text contains those laws in effect on July 22, 2024 §1401. Nationals and citizens...
by Daria Vovk | Jul 18, 2024 | Uncategorized
Owning a home is a significant milestone for many individuals and families and often forms a significant component of wealth and retirement strategies. Understanding the IRS taxation rules for your primary residence is crucial for homeowners looking to buy or sell...
by Daria Vovk | Jul 5, 2024 | Uncategorized
It is critical for US citizens and green card holders to Consult a US Specialist Tax Adviser before withdrawing or restructuring their Australian Superannuation scheme. Living abroad as a US citizen comes with its own set of financial considerations,...
