When does tax filing season start? A new year can mean many new, exciting things. But it also means that tax season is just around the corner. Soon Americans will have to do the yearly task of filing their tax returns for the previous year. For some, it’s a walk...
If you’re not familiar with U.S. taxes, the idea of an “Exit Tax” might sound confusing. Different rules apply according to the date upon which you expatriated, so be sure that you have checked your exact expatriation date. The article is based on...
Form 1040 is the standard federal income tax form that individuals use to report their income to the IRS. All U.S. persons (US Citizens, GreenCard Holder and Resident Aliens) are required to file a Form 1040 annually, regardless of their income source, the country...
Americans living abroad must still file taxes in the United States. In addition, US expat taxes are more complex. This is because there are specific rules (and benefits!) when filing an American expatriate tax return. But thanks to these benefits, many expats don’t...
By Katie Teague CNET, April 27 If you’ve been waiting for a child tax credit expansion bill to get passed, don’t delay any longer. We’ll explain what’s going and what you should do. The child tax credit — both the current credit and the...
The Spanish tax treatment of US LLCs classified as pass-through entities: sole proprietorships, partnerships, S-Corps and Trusts, are analogous to entities subject to the Spanish income attribution regime (= atribución de rentas), which is the tax treatment of...
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