Andrew Coleman
Articles
Non-US Trusts Remain IRS Target
IRS compliance campaign In 2018, the IRS announced a compliance campaign with respect to information returns reporting ownership...
IRS Relief For Former Citizens
Relinquishing United States citizenship is a serious matter, and involves decisions that are irrevocable. Of course, there are tax implications to doing this as well. Anyone considering this is encouraged to speak w...
Do Puerto Rico Residents Owe US Tax?
Puerto Rico is considered an unincorporated United States territory, so the rules for residents of Puerto Rico are a little different than for residents of the 50 states. The determination of whether you owe US incom...
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...