Mel Whitney
Articles
Form 7202: Your last chance to claim COVID sick & family leave credits in 2025
Time is running out. If you're self-employed and missed work due to COVID-19 in 2020 or 2021, April 18, 2025, is your final shot to file or amend a return using Form 7202 and claim valuable tax credits. After that, the door slams shut. This guide breaks down what Form 7202 is, who qualifies, how much money is at sta...
Form 8275: The unsung hero of tax disclosure
When it comes to tax returns, sometimes the best offense is a good defense. That’s where Form 8275 – Disclosure Statement enters the scene. It may not have the glitz of a refund calculator or the thrill of a tax treaty, but when a tax position is in a gray area, this humble form can mean the difference betwe...
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...
Section 83(b) election: maximizing tax savings on stock-based compensation for startups and employees
The Section 83(b) election under the Internal Revenue Code (IRC) can be a powerful tax strategy for employees, founders, and others who receive stock-based compensation with a vesting sch...
The art and finesse of filing Form 8833: Exploring treaty-based return positions
If the mere thought of tax forms sends shivers down your spine, you're not alone. But fear not! Here, we'll unpack the complexities of Form 8833 in a way that won't require a gallon of coffee to understand. Whether you're a taxpayer looking to harness tax treaty benefits or just a curious mind eager to learn about this...
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...