News
2023 – Filing Deadlines and Tax Summary
Just as quickly as the new year begins, so does the beginning of the 2023 US tax filing season. Fortunately, for the first time in a number of years, we are not dealing with a large amount of new tax law changes. Some minor changes will occur for holders of...
2023 Price Freeze
US Global Tax are pleased to advise that we will not be increasing our fees during 2023. In fact, our fees have not increased since 2020, and we are doing our best to keep our costs as low as possible for our clients. We appreciate that the cost of living has...
Article – Casualty Losses and Insurance Claims – North Island Floods
I’d like to begin this article by passing along my heartfelt sympathies for all of those who’ve suffered damage to their homes, businesses and livelihoods through the recent (and ongoing) flood events in the upper North Island of New Zealand. A number of US Global...
Video – US Citizen Children with KiwiSaver
As has been recently covered in NZ news outlets, the issues facing US citizen children with KiwiSaver can be significant, but resolvable. US Global Tax currently has a petition sitting with Parliament to change KiwiSaver rules, to permit under-18 US citizen children...
Parliament Petition Live
Our petition to the New Zealand Parliament is now live.For those who didn't see previously, we have begin a petition to amend the KiwiSaver Act, to permit under-18 dual US-NZ tax residents to close their KiwiSaver accounts. As it currently stands, KiwiSaver can create...
Article – Penalty Relief & IRS Progress In Sight
As I’ve discussed previously over the last year, the state of operations at the IRS has been somewhat in disarray for quite some time. This has mainly been caused by a combination of reduced staffing during the pandemic, staff cuts in the prior decade, and a huge...
Video – Inheritance Reporting
Whilst in most cases there is no US tax on inheritance received, reporting may still be required. The US generally taxes an estate, and distributes to beneficiaries tax free, but our helpful video below explains a little more around the reporting required....
Seminar Video – Remote Employment
During June 2022, US Global Tax presented a series of seminars alongside Saunders & Co Lawyers. The seminars mainly covered tax issues that new US migrants to New Zealand would need to be aware of. The second part of our seminar discusses remote working,...
FATCA – What it is and how it affects US citizens
What is FATCA? What impact does it have for US citizens living overseas, or living in the US with foreign financial assets? FATCA is USA based legislation (Foreign Account Taxation Compliance Act) leveraged by agreements between the USA and other countries including...
Seminar Video – Tax Residency
During June 2022, US Global Tax presented a series of seminars alongside Saunders & Co Lawyers. The seminars mainly covered tax issues that new US migrants to New Zealand would need to be aware of. The first part of our seminar discusses tax residency, from a US...