Happy Father’s Day 2020

For Expats getting the Covid-19 stimulus payment from the US government can be a complicated process: You must have a US social security number. Using an ITIN disqualifies you from the program. Including taxpayers, spouses and dependents. Direct deposits are only available to US bank accounts. Some clients who do not have a…
Tax News Flash! From the Desk of Diane Siriani, owner and Managing Member of Expatriate Tax Returns As of today, the US Treasury Department and the Internal Revenue Service are providing special PAYMENT relief to individuals, estates, trusts and businesses in response to the COVID-19 Virus Outbreak. All income tax payments (including self-employment tax) are…
Love is a powerful force, and we feel it from our fantastic community. Happy Valentine’s Day to all those who contribute to our journey! 💖🚀 #happyvalentinesday #heartwarming #valentinescelebration #expatriatetaxreturns
Understanding IRS Audit Timeframes One of the most common taxpayer questions is, “How far back can the IRS audit me?” The answer depends on the facts, the return, the type of issue involved, and whether the return was filed accurately. In general, the IRS says it can include returns filed within the last 3 years…
The 1099 NEC form is required to be filed by U.S. citizens and resident aliens who have been paid $600 or more for services performed for a business by someone who is not an employee of that business. The form is used to report non-employee compensation (NEC) on your federal income tax return. NEC includes,…
President John F. Kennedy said, “Let us accept our own responsibility for the future.” The key word is responsibility. In today’s world, far too few individuals are willing to accept responsibility. In politics, it seems like members of both political parties find it much easier to just blame the other for the ills in our…