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U.S. Tax Consultants’ Evolution 2022–2026
Strategic Growth 2022–2026 and Projection for 2027: A Client-Centric Transformation At US Tax Consultants, our strategic planning for the period 2022–2026 has been driven by a clear goal: to grow sustainably through the increasing number of tax returns handled while...
US Tax Obligations for Expats (1040 & FBAR) in Spain and Portugal
Moving to Spain or Portugal offers an exceptional lifestyle, but for U.S. citizens and Green Card holders, tax obligations do not disappear when leaving the United States. In fact, living abroad often means complying with two tax systems simultaneously. Understanding...
Relocating to Spain with a U.S. LLC
For many U.S. citizens and entrepreneurs, relocating to Spain has become increasingly attractive in recent years. Lifestyle, safety, climate, and access to Europe are clear advantages. However, when the move involves an existing U.S. business—particularly an LLC—the...
Pension Plans and Cross-Border Tax Risks: Common Client Concerns
In last week’s consultations, a number of clients raised important questions regarding the tax treatment of pension plans and retirement savings, particularly when these are held across borders. The discussions revealed some common misunderstandings about...
Streamlining Tax Filings for U.S. Expats in Spain: Common Client Concerns
During last week’s video consultations, many U.S. clients based in Spain shared similar concerns regarding the practical side of tax compliance—particularly around documentation, filing requirements, and the process for completing both U.S. and Spanish obligations...
Key Tax Concerns for U.S. Clients Living in Spain: Common Client Concerns
Over the past week, a recurring set of concerns has emerged from our conversations with U.S. clients residing in Spain. These discussions—captured during our video consultations—highlight the complexity of navigating dual tax obligations and the importance of proper...
The new fee for renouncing U.S. citizenship will decrease
The new fee for renouncing U.S. citizenship will decrease from $2,350 to $450. It was recently announced that the U.S. government will significantly reduce the fee for applying for a Certificate of Loss of Nationality (CLN) , following years of advocacy by various...
Are U.S. Social Security Benefits Taxable in Spain? The Spanish Tax Authority’s Position (AEAT).
Learn how U.S. Social Security benefits are taxed in Spain. Understand AEAT criteria, IRPF rules, and how to avoid compliance risks.
Security Notice for the 2025 Spanish Income Tax Campaign
During the 2025 Income Tax Campaign, remember that cybercriminals may attempt to deceive you by impersonating the Tax Agency through fraudulent emails (phishing) or SMS messages (smishing). Please remember that the Tax Agency: Does not request confidential, financial,...
Tax treatment of U.S. Single‑Member LLC in Spain and the U.S for Nonresident Aliens
For a nonresident alien living in Spain, owning a U.S. single‑member LLC can be a practical way to operate internationally, but it also creates parallel and unavoidable tax obligations in both the United States and Spain. The main risk lies not in high taxation, but...
The ETVE Holding Regime in Spain
By Antonio Rodriguez Spain’s ETVE regime (“Entidades de Tenencia de Valores Extranjeros”) is a specialized tax framework designed to attract international investment by allowing Spanish companies to operate as highly efficient foreign‑securities holding entities. The...
Why Your Modelo 100 and Form 1040 Must Be Prepared Together
If you are a U.S. citizen living in Spain, your tax situation is fundamentally different from that of Spanish nationals or other expatriates. You are subject to worldwide U.S. taxation regardless of residence, while also being fully or partially taxable in Spain once...
Go Digital! Create Your Personal my U.S. Social Security Account Today
Are you looking for a secure, convenient way to manage your Social Security information? Go Digital! Create your personal my Social Security account! With your personal account, you can easily check your earnings record, estimate your future benefits,...
Solidarity and Large Fortunes Wealth Tax
Although originally declared temporary, the tax remains fully in force and is no longer “temporary.” While the Solidarity and Large Fortunes Wealth Tax (ITSGF) was initially created for the 2022 and 2023 tax years by Law 38/2022 of December 27, its validity was...
Wealth Tax in Spain. What is it?
It is a direct tax levied on the total value of a person's assets and rights, less any debts they may have, as of a specific date: December 31st of each year. It is primarily regulated by Law 19/1991, of June 6th, on Wealth Tax, although its application largely...
The Importance of the Client Area
The Client Area is much more than just uploading documents. At US Tax Consultants, we continuously strive to offer our clients an increasingly efficient, secure, and transparent tax service. A key component of this experience is the Client Area, a tool that goes far...
Spain’s tax season begins on April 8.
Now that we are already in 2026, many people are undoubtedly thinking about the upcoming Personal Income Tax campaign. This year, however, it will come with a calendar that differs from the usual one, which the Tax Agency has already officially confirmed. It’s...
Inheritance and Gift Tax (ISD) in Spain
The Inheritance and Gift Tax (ISD) is a direct tax, levied at the national level but ceded to the Autonomous Communities, which taxes increase in net worth obtained free of charge by individuals. It primarily covers inheritances and gifts. General framework of the tax...
Key Concerns for U.S. Expat Investors in Spain
Worldwide Taxation, Spain’s Savings Tax, PFIC Risks, and the Need for Cross‑Border Coordination that US Tax Consultants can provide. Book a free consultation now! For U.S. citizens living in Spain, investing is far more complex than simply choosing the right...
Four recommendations for U.S. residents investing in Spain
1. Prevent Double Taxation While the U.S.–Spain treaty aims to avoid double taxation, the savings clause and mismatched tax years mean Americans cannot rely on the treaty alone. Coordinated use of Foreign Tax Credits, Treaty provisions and correct residency...
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