Andrew Coleman

Every US taxpayer has to file an annual return – but things get more interesting when residency changes midyear. Spending only part of the year as a resident and the rest as a nonresident makes you a dual-status alien under IRS rules. It’s a unique position that calls for special filing steps, careful income reporting, and attention to deductions...

Starting January 1, 2026, what was known as GILTI – Global Intangible Low-Taxed Income – was officially renamed Net CFC Tested Income (NCTI) under the One Big Beautiful Bill Act (OBBBA). The mechanics shifted, too, not just the name. If you own a stake in...

Form 709 is the IRS form used to report taxable gifts and allocate the Generation-Skipping Transfer (GST) exemption. Understanding who files Form 709 starts with one rule: it is always the donor, not the recipient. You must file a gift tax return if you: give more than $19,000 to any one person in 2026 (the annual excl...

Millions of Americans pack up and start over abroad every year – the State Department estimates about nine million US citizens live outside the country. Many don't realize the IRS can still expect a Form 1040, even when income is earned far from the US and d...

For US expatriates, navigating the tax waters can be even more daunting than for stateside citizens. Understanding the common IRS audit triggers is essential in steering clear of tax woes. We have carefully compiled a list of 12 red flags that could prompt the IRS to take a closer look at your tax return. ...

US citizens married to foreign spouses have three filing options: Married filing jointly (MFJ) if you make a 6013(g) election to treat your spouse as a US resident for income tax purposes Married fil...