Reid Kopald
- Tax planning
- Tax-efficient investments
- Retirement planning
- Estate planning
- Bachelor of Arts, University of Arizona
- Master of Science, University of Arizona
Articles
Do minors get taxes taken out of their paycheck?
Yes, minors typically get taxes taken out of their paycheck just like adults if they earn more than the standard deduction. For 2026, minors must file taxes if they earn more than $16,100 in wages. However, many teens can claim exempt status on Form W-4 if they expect to owe no federal tax, preventing withholding. Minors can get refunds by filing...
The difference between Form 4868 and Form 2350 (expat guide)
Filing taxes as an American abroad creates unique timing challenges, especially when claiming the foreign earned income exclusion (FEIE). The difference between Form 2350 and 4868 comes down to your specific situation: Form 4...
QEF election explained: How to use the Qualified Electing Fund for PFIC reporting
Before diving into a QEF election, it helps to see where the problem begins. Many US shareholders invest overseas and only later learn the IRS treats their fund as a PFIC. This happens when a foreign corporation earns 75% passive income or holds 50% passive assets, ...
Form 8814: Parent's Election to Report Child's Interest and Dividends
Quick answer: Form 8814 allows parents to report their child's investment income (interest and dividends) on their own tax return instead of filing a separate return for the child. This election is available when the child's investment income is less than $2,700 and gross income doesn't exceed $13,500 (2025 limits).</...
Is foreign pension income taxable in the US? What expats must know
The question: are foreign pensions taxable in the US, comes up a lot for retirees living abroad, and the answer is simple. The US counts most money you get from another country as income. This is because the law says income from almost anywhere must be reported. So when you get money from a retirement plan overseas, the IRS wants to see it. You m...
Year-end tax planning tips for Americans abroad and in the US to reduce your 2025 tax bill
Year-end tax planning is about keeping more of what you earned in 2025. The steps you take now can reduce your tax bill, strengthen long-term savings, and set you up for a smooth 2026 – whether you’re in Austin, Amsterdam, Seoul, or Los Angeles. For Americans abroad, foreign income, foreign tax payments, and cross-border rep...