News

One of the most controversial areas of US expat taxation involves Australian Superannuation. With many practitioners holding differing views on the correct treatment. https://youtu.be/Fbh5vwf5lPY

Doing business with the USA – Do I need to file? For any New Zealand or Australian business selling internationally, a potential minefield of various tax implications awaits. This is especially relevant when dealing with the USA, and is something we frequently consult...

Each day, we receive enquiries from US citizens concerned that they may not be meeting their tax obligations to the IRS. Our video below explains the Streamlined filing procedure, which is open to taxpayers who non-wilfully failed to file tax returns to the US....

Haven’t January and February passed quickly! We’re now 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 of...

Have you ever wondered how owning a foreign rental property would affect your taxes? In our video below, we take a brief look at how the tax implications work. If you are unsure of your NZ-US or Australian-US tax obligations, please contact us today....

US Global Tax are delighted to welcome Matthew Twine to our growing team. Matthew is an IRS Enrolled Agent, and has been practicing in US taxation for over 5 years. Previously with a respected expatriate taxation practice, Matthew will add significant expertise to our...

One phrase that has been banded around during 2018 and 2019 is GILTI, a new part of the US tax reforms. At this point, many are left scratching their heads at such an acronym, but, it is a real thing. GILTI was introduced as part of the Tax Cuts and Jobs Act (TCJA),...

As part of our fortnightly video releases, we cover briefly in the video below, the advantages of using a local US tax accountant. We help ensure IRS tax compliance with both Australian and NZ taxation. https://youtu.be/I0vqdjOj1uc

We were very proud this week to have an article published in the New Zealand media site, Stuff. Whilst the article was written by FairFax Media, our aim is to inform those who are unaware of the filing requirements imposed on US citizens, and to rectify these issues...

One of the least understood, but most commonly asked about issues are PFICs - Passive Foreign Investment Companies. These form a complex part of the US tax system, and affect both NZ and Australian based US citizens, usually due to Kiwisaver or Superannuation. In this...