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

Foreign Income & IRS Controlled Foreign Corporation (U.S. Tax Rules)

Foreign Income & IRS Controlled Foreign Corporation (U.S. Tax Rules) Undistributed passive income from a controlled foreign corporation is one of the biggest international IRS tax headaches to plague any U.S. person involved in a CFC (Controlled Foreign Corporation). Foreign Income & IRS Controlled Foreign Corporation Once you realize you are in the cross-hairs of…

201712.25
5

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
2

Form 8300 – IRS Cash Payment Reporting | IRS Form 8300 FAQ

Form 8300 – IRS Cash Payment Reporting | IRS Form 8300 FAQ 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…