Mel Whitney
Articles
Capital gains taxes from selling foreign property: how to report and exclusions you can use
Income you receive as a US citizen is taxable. Most of the time people focus on income from salaries and wages, because it’s the most obvious — and regular — type. However, there are other forms of income, such as passive income (e.g. dividends and bonds) and income you receive from selling your asse...
What is FIRPTA? A guide for foreign sellers and US buyers
Disclaimer This article is for informational purposes only and does not constitute legal advice. Always consult with a tax professional for your specific circumstances. Ar...
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...