Mel Whitney
Articles
Foreign tax credit carryover: A comprehensive guide for US expats
The foreign tax credit carryover is an important tool for US taxpayers, especially expats, to avoid double taxation. ...
Common international tax forms and foreign withholding forms: A guide for US taxpayers
As global business, investing, and living abroad have become common, so too has the need to understand international tax obligations. Whether you are a US citizen with foreign investments, a nonresident earning US income, or a business with international interests, knowing which international tax forms to file is essent...
What is double taxation: How it works & ways to avoid it
Double taxation is one term that often becomes a cause for concern for those who live or do business abroad. ...
How to avoid paying capital gains tax on inherited property
Inheriting property can be a financial challenge. While receiving real estate as an inheritance represents a significant asset, it might also trigger substantial tax obligations when you decide to sell it. Capital gains ta...
FBAR filing requirements and deadlines in 2025
Whether you live in the US or abroad, if you hold an account in a foreign bank — whether savings, pension, or investment — you may be required to comply with FBAR (Report of Foreign Bank and Financial Accounts) filing requirements. Many Americans are unaware that simply having a foreign bank account can trigger FBAR obligations. ...
Understanding the foreign tax credit: A comprehensive guide for US taxpayers abroad
The intricacies of international taxation can be daunting for US citizens abroad. Let’s take the foreign tax credit – a powerful tool you can leverage to shield you from double taxation and potentially save you thousands. But is foreign tax credit refundable? What about the foreign ta...