Mel Whitney

If you are a US citizen, green card holder, or resident alien with financial accounts outside the United States, you may need to file an FBAR – the ...

The Foreign Earned Income Exclusion lets qualifying US expats exclude up to...

US citizenship by descent – also called acquisition of citizenship – is automatically conferred at birth to children born abroad to at least one US citizen parent who meets the physical presence requirement under the Immigration and Nationality Act. Two core statutes govern how citizenship by descent works. ...

Schedule J of Form 5471 tracks the accumulated earnings and profits – known as E&P – of a controlled foreign corporation, or CFC. Schedule J is sometimes referenced as Form 5471 Sch J in IRS correspondence and practitioner shorthand. It separates previously taxed earnings and profits, referred to as PTEP, from non-previously taxed...

To change state residence, focus on 5 core goals: choose a new domicile, establish real ties there, end key ties to the old state, update your records, and complete any required state tax filings. The detailed process below breaks those goals into 7 coordinated actions. A state-residency change before an overseas move is a state-law iss...

Form W-8ECI is the IRS certificate a foreign person files to certify that their US-source income is effectively connected with a US trade or business – allowing that income to be taxed at regular graduated rates instead of the flat 30% FDAP withholding rate. Under IRC Section 864(c), income qualifies as effectivel...