Monthly Archives: January 2025

How investment in real estate can save on taxes?Investing in real estate offers a multitude of tax benefits that can significantly reduce an investor's tax liability. This article explores the various tax advantages associated with real estate investments ...

U.S. Tax impact for the Sale of Foreign Real EstateThe sale of foreign real estate by U.S. taxpayers involves several intricate tax considerations under U.S. tax law. This article will explore how such sales are treated, the reporting requirements, the ap ...

How are foreign pension funds taxed for US citizens ?Foreign pension funds are subject to complex tax rules for U.S. citizens, encompassing the tax treatment of contributions, earnings, and distributions, as well as the impact of tax treaties and reportin ...

Expat Income Taxation in the U.S. and Form 2555 ExclusionsIntroductionU.S. citizens and resident aliens living abroad are subject to U.S. income tax on their worldwide income, regardless of where they reside. This can lead to double taxation, where income ...

Retirement Contribution Options for S-Corporation and LLC OwnersRetirement planning is a crucial aspect of financial management for business owners. S-corporation and LLC (Limited Liability Company) owners have several retirement contribution options, eac ...

When U.S. Citizens Inherit from Non-Resident Parents: Navigating the Tax LandscapeInheriting assets from non-resident parents can be a complex process for U.S. citizens, involving a myriad of tax implications and legal requirements. Understanding these in ...