Reid Kopald

A foreign grantor trust is a foreign trust treated as owned by a grantor under IRC sections 671–679. For 2025 returns filed in 2026, US persons involved with a foreign trust may need Form 3520. A foreign trust with a US owner may also need Form 3520-A, while Form 8621, Form 8938, and FBAR depend on separate ownership and filing thresholds.<...

Choosing where to retire abroad takes more than comparing headline tax rates. For US citizens, the real picture is how local taxes, US filing rules, healthcare, and visa options work together once you actually live there...

Cryptocurrency transactions have become very popular nowadays and every American citizens, including expats, have to file a US tax return every year,  should know how the IRS is treating each transaction like buying...

For a 2025 death, the final Form 1040 reports income through the date of death. A personal representative usually files it, and a refund may require Form 1310. Estate income after death can trigger Form 1041, while Form 706 is a separate transfer-tax return. The following 3 forms separate the main federal filing jobs after a taxpayer di...

Reporting differs based on source: directly through exchange or through brokerage When trading cryptocurrency, the provided reporting differs based on the source of the crypto. One may buy cryptocurrency directly through an exchange (eg coinbase) or through ...

You can get in trouble with the Internal Revenue Service (IRS) in a variety of ways when using bitcoin, so it's worth learning the regulations. What's the larger picture? Bitcoin and other cryptocurrencies that you...