201712.29
0

Form 3520-A (U.S Agent & IRS Confidentiality Foreign Trust Issues)

Form 3520-A (U.S Agent & IRS Confidentiality Foreign Trust Issues) Form 3520-A is an Annual Information Return of Foreign Trust With a U.S. Owner. We represent numerous clients worldwide who have offshore trusts or foreign trusts. Typically, these clients may have a foreign trust in a country such as New Zealand, A Sociedad Anonima for…

201712.27
0

Subpart F (2018) – IRS Tax Rules on Certain Foreign Corporation Income

Subpart F (2018) – IRS Tax Rules on Certain Foreign Corporation Income Subpart F Subpart F income is one of the biggest international tax headaches to plague any U.S. person involved in a CFC (Controlled Foreign Corporation). Once you realize you are in the cross-hairs of a potential CFC issue, it is crucial to engage in…

201712.25
3

U.S. Tax Fundamentals for the Sale of Foreign Real Estate

U.S. Tax Fundamentals for the Sale of Foreign Real Estate This is a common question we receive often. Namely, a person owns property in a foreign country which has increased exponentially in value. Thereafter, at some time in-between the time they purchased the property, and the time they sell the property they became a US…

201712.22
1

Form 8300 – FinCEN Cash Reporting Rules | IRS Form 8300

Form 8300 – FinCEN Cash Reporting Rules | IRS Form 8300 Form 8300 is an important IRS and FinCEN form for individual who own businesses, and receive payments of more than $10,000 (it does not need to be $10,000 at one specific transaction. This is especially true when foreign income is an issue. Form 8300…