Andrew Coleman
Articles
Best countries to move to from the USA in 2026
The best countries to move to from the USA in 2026 include Portugal, Mexico, Costa Rica, Canada, Australia, Singapore, the Netherlands, Thailand, Switzerland, South Korea, Indonesia, and the UAE, depending on your visa path, budget, language needs, and tax profile. For the 2025 tax year filed in 2026, US citizens abroad still report wor...
IRS Form 5472: Filing requirements, instructions, and penalties
IRS Form 5472 is an information return required under IRC §6038A and §6038C. A US corporation with 25% or more foreign ownership – and any foreign-owned single-member LLC classified as a disregarded entity – must file Form 5472 for each tax year in which re...
Controlled Foreign Corporations (CFCs): Definition, rules, and tax implications
Running a business in another country can feel exciting and confusing. Tax rules from the US still apply, even when the company is formed overseas, and some of those companies fall under a special label called a controlled foreign corporation (CFC). A controlled foreign corporation can cause a US shareholder to include certain income cu...
Form 1099 for foreign contractors: 2026 IRS rules and filing guide
For the 2026 filing season, Form 1099 for foreign contractors is really a status-and-sourcing question. For payments made in 2025, the 1099-NEC threshold is still $600, but businesses that file 10 or more information returns in the aggregate must file electronically, and worker classification is under sharper scrutiny than before. ...
W-8 vs. W-9: which tax form do you need as an expat?
The form you need depends on whether you are a US person for tax purposes or a foreign person, not on whether you live outside the US. That single rule resolves most W-8 vs. W-9 confusion before you go any further. Quick answer: US person (citizen, green card holder, resident alien, domestic entity) si...
Tax Forms 8805 & 8804: Foreign Partner's Information Statement of Section 1446 Withholding Tax
For the 2026 filing year, based on 2025 income, partnerships with foreign partners must act as withholding agents on effectively connected taxable income, or ECTI, under section 1446. That filing job now sits alongside the separate 10% transfer-withholding rules under section 1446(f), which apply when a foreign partner sells a partnership interes...