Andrew Coleman

Effectively connected income (ECI) is income the IRS treats as directly tied to a trade or business conducted in the United States. Unlike passive US-source income, ECI is taxed on a net basis – meaning deductions are allow...

Usually, yes – but with one important exception. If the IRS has certified your debt as seriously delinquent federal tax debt and reported it to the State Department, your application can be denied, yo...

Form 5472 carries a $25,000 penalty per form per year for failure to file, failure to maintain required records, or filing a substantially incomplete return under IRC §6038A. Form 5472 penalties have no statutory maximum cap, so multiple ...

Quick facts What it is: A real US street address that scans and stores your mail online. Why expats need it: IRS compliance, US banking, and avoiding state tax risk. Best overall pick: US Global Mail (from $19.95/mo, Texas address)....

If you're a US citizen working abroad, you've probably noticed something frustrating: US federal income taxes being withheld from your paycheck every month, even though you live and work overseas. Form 673 is the practical fix. By giving this form to your employer, you may be able to reduce – or stop – that withholding on qualifying for...

The 2026 tax filing season is a good reminder that old Schedule 2 guides can go stale quickly. IRS Form 1040 Schedule 2 is still the place where you report additional taxes that do not go directly on Form 1040, but the 2025 version used during the 2026 filing season is broader than many older articles suggest. That matters even more aft...