Articles
Form 8283: How to claim a tax deduction for noncash charitable contributions
Donating property to charity can be a great way to support a cause while also benefiting from a tax deduction. However, the IRS closely monitors noncash donations to prevent inflated valuations and improper deductions. If you’ve donated real estate, artwork, vehicles, stocks, or other noncash assets...
Tax refund delay: Why it’s taking so long & how to fix it
If you are still waiting on your tax refund, you are not alone. Many taxpayers, including US expats, are experiencing delays, wondering when their refund will arrive. The IRS states that most refunds are processed within 21 days, but various factors can slow things down. Some common concerns include: Unexpect...
How to renounce American citizenship: A comprehensive guide
Disclaimer This article is for informational purposes only and does not constitute legal advice. Always consult with a tax professional for your specific circumstances. Yo...
What is Form 1040-X: Amended Tax Return?
What is Form 1040-X? IRS Form 1040-X is a tax form used by the Internal Revenue Service (IRS) to allow individuals to amend their tax returns. It is used to make changes or corrections to a previously filed tax retur...
US expat taxes: A comprehensive guide
Living abroad as a US citizen comes with its own set of challenges when it comes to expat taxation. Whether you're a seasoned expatriate or just beginning your international journey, understanding your expat tax obligations is a must, so you can focus on enjoying your life outside the States. There are so many questions: Do expats p...
How to obtain dual citizenship, which countries accept it, and how it impacts taxes
A lot of people have a lifelong dream to acquire a passport of another country — on top of their country of origin’s one. Holding two passports is called having a dual citizenship or having a second citizenship. Being a dual citizen comes with a set of caveats thoug...