Andrew Coleman
Articles
Tax attorney vs CPA: Choosing the right tax professional
When things get tricky, you need the right tax professional in your corner to handle everything from managing your fiscal responsibilities to optimizing your tax strategy. But whether it's a tax attorney vs CPA or a tax lawyer vs tax accountant – do you know who’s right for you? That’s what we’re going to exp...
What is Form 8332, Release of Claim to Exemption for Child by Custodial Parent
Form 8332 is crucial – especially for divorced or separated parents. This IRS form plays a vital role in determining which parent gets to claim specific tax benefits related to a child. In this article, we’ll explain what Form 8332 is, how to complete it step by step, and how it impacts key tax benefit...
How far back can IRS audit: Common audit triggers
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. ...
What is a Tax Identification Number (TIN)?
As a US taxpayer or a global expat, you've likely heard the term "Tax Identification Number" or TIN tossed around. But what exactly is it, and why does it seem to appear in every tax conversation? Whether you're filing taxes, opening a bank account, or dealing with IRS paperwork, a TIN is your VIP pass to navigate the ...
What happens if you don’t file your taxes? IRS fees & penalties explained
If you're a US citizen or resident alien living abroad, you’re likely aware of your obligation to file US tax returns annually. However, if you’ve overlooked this requirement, the IRS imposes penalties and fees that can add up quickly. In this guide, we break down the consequences, provide information on how to get bac...
Roth IRA vs. traditional IRA: Which retirement account is right for you?
Disclaimer This article is for informational purposes only and does not constitute legal advice. Always consult with a tax professional for your specific circumstances. De...