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...
Do churches pay taxes? Exemptions, property taxes, and filing
In the United States, the phrase "do churches pay taxes?" often sparks curiosity, debate, and sometimes even confusion. While the short answer is generally "no," the topic is far more complex than it appears. From federal income tax exemptions to property taxes and ...
What happens to my 401k if I move abroad? A guide for US expats
Moving overseas raises many questions about your finances - especially your retirement savings. One common concern is, what happens to my 401k if I move abroad? Your 401k remains an important asset, but managing it from outside the US requires understanding your options, tax implications, and potential challenges. This article...
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).</...