Reid Kopald
Articles
Foreign grantor trusts: tax strategies for cross-border families and wealth management
Foreign trusts are a popular tool for families managing wealth across borders. A foreign grantor trust is a type of trust established outside the US, generally by a non-US person who retains certain powers or ownership rights. While these trusts can be highly efficient for estate planning and global asset protection, they come with stri...
One Big, Beautiful Bill – and what it means for your business taxes in 2025
A sweeping reform with lasting impact for small and medium-sized businesses The tax code just got a makeover, and small businesses are finally getting more than just the leftovers. In mid-2025, Congress passed the One Big, Beautiful Bill – a sweeping package of tax reforms that promises lasting ...
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...
6 best ways to spend your tax refund (and avoid regret)
In 2024, the average IRS refund topped $3,151. Most Americans put their refunds toward essentials like savings, paying down d...
Streamlined Procedure: Which Years to File?
Which years to file? If you are behind on your tax returns & want to become compliant, the first question you likely have is - what years do I need to file? The Streamlined Program is an olive branch fro...
What do i need to file my taxes? Your ultimate tax documents checklist
Tax season can feel a bit like preparing for a surprise pop quiz – except this quiz involves your entire financial life, and there’s a deadline. The million-dollar question (or maybe just a few hundred or thousand): What documents do I need for taxes? Getting organized upfront means ...