US Tax Advice for US Expatriate Living and Working in Madagascar.
Tax Guide for US Expats Living and Working in Madagascar Download Our Expat Tax Guide Who Is Liable For Income Taxes in Madagascar Resident and nonresident individuals are subject to tax on their Malagasy-source income, including employment income. Resident individuals are individuals who are present in Madagascar for at least 183 days in a tax […]
FIRPTA: Obligations Of The Withholding Agent And Process For Obtaining Exemption For Sellers
Congress passed Foreign Investment in Real Property Tax Act of 1980 (“FIRPTA”) to achieve parity in the tax treatment of foreign and domestic investors in U.S. real estate. Thus, under FIRPTA, foreign sellers and U.S. sellers pay U.S. tax on the disposition of U.S. real estate at the same rates Taxation of Foreign Persons: Generally […]
Do I qualify for Head of Household?
Yes, if you: Were unmarried as of December 31, 2016 and Paid more than half the cost to run your home (or the home of a qualifying parent) in 2016 (rent, mortgage, utilities, etc.) and Supported a qualifying child (see below). If you were still legally married as of December 31 and a child lives with you, […]
ASK THE TAXMAN: I Received a Form 1099-C- Cancellation of Debt, What Do I Need to Know?
What Is a 1099-C? A Form 1099-C is a Cancellation of Debt, which is required to be filed if a creditor has cancelled a debt greater than $600 or more, if:1) the creditor is an applicable financial entity, and 2) an identifiable event has occurred Why did I get a 1099-C? Here are four common […]
I Have an Independent Contractor Who Refuses To Provide A Form W-9, What Do I Do?
Who is a “U.S. person?” The term “U.S. persons” doesn’t just refer to “people.” In legal terms, a U.S. person can, of course, be an individual, as long as he is a U.S. citizen or legal resident. It could also be a corporation, an association or company, or an estate or trust organized under the […]
Taxpayer can get a Copy of the Fraudulent Return Filed in Their Name
Since the IRS, and now its Agents, are the most powerful collection agency on the planet, you would think that they fall under the Fair Debt Collection Practices Act (FDCPA) regarding the use of unfair, abusive and misleading collection actions,; however, you would be WRONG. The IRS and any other federal agency collecting its own […]
Taxpayer can get a Copy of the Fraudulent Return Filed in Their Name
As of approximately June of 2015, Taxpayers have had the right to obtain a copy of a fraudulent tax return filed in their name under the Fraudulent Return Request (FRR) program. To obtain a copy of the fraudulent tax return the taxpayer MUST mail a letter to the IRS containing the following: The taxpayer’s name, […]
US Tax Advice for US Expatriate Living and Working in Saint Kitts and Nevis
Tax Guide for US Expats Living and Working in Saint Kitts and Nevis Download Our Expat Tax Guide Who Is Liable For Income Taxes in Saint Kitts and Nevis Saint Kitts and Nevis has no personal income tax. To learn more about the history, culture, economy and other information about Saint Kitts and Nevis We […]
US Tax Advice for US Expatriate Living and Working in Saint Barthelemy
Tax Guide for US Expats Living and Working in Saint Barthelemy Download Our Expat Tax Guide Who Is Liable For Income Taxes in Saint Barthelemy Saint Barthelemy has no personal income tax. To learn more about the history, culture, economy and other information about the Saint Barthelemy We have been preparing US income tax returns for […]
US Tax Advice for US Expatriate Living and Working in Lebanon
Tax Guide for US Expats Living and Working in Lebanon Download Our Expat Tax Guide Who Is Liable For Income Taxes in Lebanon All resident and nonresident individuals are subject to income tax on their income derived in Lebanon. However, certain individuals, such as agricultural workers, nurses and clergymen, are exempt from tax. Income subject […]