News
Video – The Effect of Rev. Proc. 2020-17 on US Taxes for Kiwisaver
To much initial fanfare, a new Revenue Procedure was announced by the IRS earlier this year, which many hoped would finally end the onerous reporting requirements for Australian Super,...
US Tax Deadline Week
Well hasn't time caught up on us this year, we're now in the final week before the US tax deadline of 15th October, and time to get everything filed. For those who filed extensions prior to 15th July, we're now at the extended due date deadline, which falls on 15th...
Video – US Tax Implications of Selling an Investment Property
In our prior videos, we've covered the sale of a primary residence for US citizens and/or expatriates. But, we're frequently asked "How will I be taxed on the sale of an investment property or holiday home?". Whilst the IRS rules differ slightly for properties which...
Reminder – The 15th September Trust Deadline
After what has been the most tumultuous year that many of us will ever recall, it is a good time to remind ourselves that the US tax system and its multiple deadlines have now gotten closer, with specifically the 15th September trust filing deadline tomorrow....
Video – Who Needs to File Form 5471
Many of our Australia & New Zealand based clients own shareholdings in local businesses. These range from small hobby businesses, up to large multinational companies. But, the tax reporting required for businesses such as these can often be surprisingly similar....
Article – Royal Family US Tax Dilemma
Creating a buzz in the headlines today, is the prospect of Prince Harry and Meghan Markle of the British Royal family, becoming tax residents of the US and specifically California. As most royal family watchers will be aware, the couple essentially resigned from their...
Video – Tax & Remote Working
It's becoming increasingly common for migrants to retain their US employment when moving to , or vice versa. But, does this create a complicated tax scenario? Learn more in our video below:...
Video – Do I Need to Report my Foreign Trust?
Clients frequently ask us whether their foreign trust needs to be reported to the IRS. In many cases, our clients don't realise that they actually have a trust reporting obligation. In our video below, we briefly discuss how trust ownership is determined from a US...
US Tax Deadline Today
We would normally be talking about this moment on 15th April, however hidden among the dramatic nature of 2020 is the delayed US tax deadline of 15th July. As part of the relief made available to US citizens due to Covid-19, the ordinary US tax deadline of 15th April...
Video – IRA Contributions for US Expats
Many of our US citizen clients who now reside in Australia or New Zealand, wish to keep up contributions to IRA accounts in the US. But, there are strict contribution limits to these US based retirement accounts. In most cases its possible to contribute as an expat,...