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      tax-filing

      8 Tips When Reporting Foreign Income

      Year-End Tax Planning, Tax Filing, Reporting Foreign Income, Required Forms, Automatic Extension, FBAR, FATCA

      If you are living or working outside the United States, you generally must file and pay your tax in the same way as people living in the U.S. This includes people with dual citizenship.

      In addition, U.S. taxpayers with foreign accounts exceeding certain thresholds may be required to file Form FinCen114, known as the "FBAR" as well as Form 8938, also referred to as "FATCA." 

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      5 Frequently Asked Tax Questions in 2019

      Tax-Tip Tuesday, 2019, Tax Filing, Tax Questions

      In 2019, Americans around the world began filing their taxes under the new Tax Cuts and Jobs Act.   Some tax breaks have been eliminated or capped, while others have been expanded or introduced.

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      5 Facts about the Opportunity Zone Tax Incentive

      2018 Tax Return, Tax Filing, Qualified Opportunity Zones, QOZ, Tax Cuts and Jobs Act

      Providing tax benefits to investors who invest eligible capital into distressed communities throughout the U.S. and its possessions, Qualified Opportunity Zones (QOZs) were created under the Tax Cuts and Jobs Act of 2017 to spur economic development and job creation. If you're considering investing in a QOZ, here are five facts you should know:

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      2018 Tax Filing Season Begins

      2018 Tax Return, Refund, Individual, Tax Filing, Tax Payments, 1040

      January 28, 2019, marked the start of this year's tax filing season, and it's the first time taxpayers will be filing under the new tax reform laws, most of which became effective in 2018. Complicating matters is a newly revised Form 1040, U.S. Individual Income Tax Return, as well as the partial shutdown of the federal government. With more than 150 million individual tax returns expected to be filed for the 2018 tax year, here's what individual taxpayers can expect:

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