Andrew Coleman
Articles
Acceptable reasons for renouncing US citizenship: what it means and what happens next
When many Americans face a problem they can’t solve, renunciation sometimes comes to mind. But most people don’t know that giving up US citizenship is a serious and final choice. It must be done in another country, in front of a consular officer. Once it’s done, there is no going back. Renouncing US citizenship can mak...
Demystifying the GILTI high tax exception: expert insights
Many Americans with foreign businesses are surprised when their profits face additional tax from the US, even after paying high local rates abroad. This double taxation often stems from complex global income rules that few understand. The GILTI high tax exception helps limit that extra tax when foreign earnings exceed a certain threshold, offerin...
Form 1120-F: Complete guide for foreign corporations in the US
Filing a corporate tax return in the US takes more than filling out forms – it demands precision and insight. For a foreign corporation doing business across borders, especially in the US, Form 1120-F is the key to showing how income is connected to US activities and how deductions are properly claimed. It transforms complex tax data into a...
Understanding Subpart F income: Complete guide for US shareholders
For years, many Americans with overseas companies used foreign entities to delay paying US tax on profits earned abroad. Congress responded by creating Subpart F income rules to close that gap and ensure fairness between domestic and international businesses. When a foreign corporation qualifies as a CFC, its earnings can become taxable in the sa...
US tax forms for expats explained (2026 update)
Every year, more Americans settle abroad, yet the IRS still expects a return. Most expats file Form 1040 with key attachments like Form 2555 for the foreign earned income exclusion or Form 1116 for the foreign tax credit. Others must also report foreign accounts through the FBAR and FATCA Form 8938, making expat tax filing an ongoing duty whereve...
RESP: What US expats need to know about education savings and tax implications
Every year, Canadian families pour billions into Registered Education Savings Plans, building a cushion for their children’s future studies. These accounts reward early savers through government grants and years of tax-deferred growth, making the RESP a cornerstone of Canadian education planning. Yet for many US expats in Canada, this same ...