Mel Whitney
Articles
Section 83(b) election: maximizing tax savings on stock-based compensation for startups and employees
Disclaimer This article is for informational purposes only and does not constitute legal advice. Always consult with a tax professional for your specific circumstances. Th...
FBAR vs. Form 8938: Differences and pitfalls to avoid explained
As a US taxpayer with foreign financial assets, knowing the difference between FBAR and Form 8938 is crucial. While these two forms might seem redundant at first glance, they serve distinct purp...
The art and finesse of filing Form 8833: Exploring treaty-based return positions
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. ...
Decoding FinCEN Form 114 [a guide for the perplexed and procrastinators]
In the grand tapestry of US tax obligations, few threads are as intricately woven and as potentially snarling as the FinCEN Form 114. Affectionately known to tax professionals and expats alike as the FBAR (Foreign Bank Account Report), this form is the US government...
Recovery Rebate Credit: What it is and how to claim it [a final call 2024 guide for expats]
Don't assume you're ineligible just because you're miles from home. The Recovery Rebate Credit could still be yours for the taking. In the whirlwind that was the COVID-19 pandemic, the US government launched a financial lifeboat for its citizens: the Recovery Rebate ...
Form 8832: A Comprehensive Guide to Entity Classification Election
In the realm of taxation, businesses are presented with myriad opportunities to streamline their tax liabilities. One such pivotal opportunity is the choice of how a business wishes to be classified for tax purposes. Form 8832 emerges as a cornerstone in this context. In this guide, we'll unravel the intricacies of Form 88...