Andrew Coleman
Articles
Foreign Contractors and US Companies
Hiring Foreign Independent Contractors One of the many issues with a global economy and the growing popularity of digital nomads and freelancing are the tax implications across borders. What tax considerations are important when a US company makes a payment to a non-US independent contractor? Does the company need to withhold t...
Letter from the IRS about Form 1099-NEC & Form 1096
What is form 1099-NEC (Nonemployee Compensation)? Beginning in the 2020 tax year, Form 1099-NEC is the Internal Revenue Service (IRS) form used by businesses to report payments made to ...
Instructions for Paying Your US Tax Liability While Living Overseas
The majority of US Expats are able to completely eliminate US tax liability after taking advantage of all the exclusions and deductions available to those living and working overseas. There are times, though, when there is still some tax liability. If you are a US Expat who owes taxes to the IRS, here are the steps to take to make the...
Deductions for Foreign-Derived Intangible Income and GILTI: Final Regulations
Individuals with ownership in foreign corporations are now able to benefit from tax exemptions intended for large, multinational corporations The goal of GILTI tax created in the ...
How Expats Can Cash Checks From the IRS While Abroad in 2021
How to Cash Stimulus Check While Residing Outside of the USA If you are able to use direct deposit, more power to you and this article is not for you. If you are in the US, cashing stimulus checks and ...
Foreign Country Code Listing for Expats
My country code seems...wrong? "Why does my tax return say I live in SZ? That is Swaziland!" Not for the IRS it isn't. We get asked this all the time as nervous taxpayers think their mail will end up not only in the wrong address, but in the ...