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No More Struggling With Your Taxes!
Expatriate Tax Returns makes tax filing easy! Our job is to help American expats file their taxes efficiently and properly no matter where they live around the world. With the current pandemic, we want to make this process as stress free as possible. You have enough to worry about, let us handle your taxes. Get…
What You Need to Know About The Proposed Tax Bracket Changes For 2022
The United States has a progressive tax system, which means that taxpayers are taxed at different rates depending on their income level. The current tax brackets are 10%, 15%, 25%, 28%, 33%, 35%, and 37%. For the tax year 2021, the income thresholds for each tax bracket are: * 10% bracket: $0 to $9,875 for…
Merry Christmas 2024
Sip cocoa, hang stockings, and let Holiday magic fill the air!
New Requirement: Beneficial Ownership Information Report Due January 1, 2025
Under the Corporate Transparency Act (CTA), most U.S. businesses are now required to file a Beneficial Ownership Information Report (BOIR) by January 1, 2025. This new mandate, overseen by the Financial Crimes Enforcement Network (FinCEN), aims to enhance transparency in business ownership and help prevent financial crimes. The BOIR requires businesses to report key details about their…
