Mel Whitney
- Non-resident taxation
- Real estate taxation
- Tax optimization
- Bachelor of Science in Business Administration
- Humboldt State University
Articles
How to avoid Capital Gains Tax on inherited property
For the 2025 tax year filed in 2026, inheriting property usually does not create federal income tax by itself. Capital gain generally arises when the property is sold for more than its adjusted basis, and inherited property usually starts with a basis tied to fair market value at the decedent’s death. For US expats, the same feder...
FBAR vs. Form 8938: key differences, thresholds and filing rules
US expats with foreign financial accounts often need to file two separate reports with two different agencies: the FBAR with FinCEN and Form 8938 with the IRS. The two forms overlap in places, but they cover different asset types, apply different dollar thresholds, and carry their own penalties. This guide breaks down every major differ...