Andrew Coleman
Articles
Mastering Form 8867: A guide to maximize tax credits
One crucial document that requires attention when navigating the complexities of the US tax system is Form 8867. In this guide, we'll walk you through the ins and outs of Form 8867, providing valuable insights, tips, and detailed information to help you maximize your eligibility for tax credits. Understanding Form 886...
Are legal fees tax deductible? [Deciphering tax deductibility of legal fees]
Disclaimer This article is for informational purposes only and does not constitute legal or tax advice. Always consult with a tax professional for your specific circumstances. ...
Nationals vs citizens of the United States at birth: Understanding US citizenship requirements for children born abroad
As an American expat living abroad, one of the most important things to consider is your children's citizenship status. If your child was born outside the United States to one American citizen and one non-citizen parent, you may be wondering what their citizenship status is and what steps you need to take to ensure they have the sam...
Form 8854, Initial and Annual Expatriation Statement
One of the IRS forms that frequently comes up in discussions with our clients and subscribers – expatriates is Form 8854. This form, while seemingly straightforward, carries significant implications for US citizens and long-term residents who have decided to expatriate. In this article, we’ll delve into the details of ...
Tax evasion vs tax avoidance: Understanding the difference and consequences
If you're like most people, taxes are probably one of your least favorite things to think about. But unfortunately, they're a necessary part of life. And while most of us dutifully pay our fair share, there are some who try to skirt the system. That's where tax evasion and tax avoidance come in. What is ...
Understanding the mortgage interest deduction for US expats
Disclaimer This article is for informational purposes only and does not constitute legal or tax advice. Always consult with a tax professional for your specific circumstances. ...