Reid Kopald

Americans living abroad face a unique financial planning challenge – the US taxes citizens on worldwide income regardless of where they live, making proactive expat financial planning essential. Key 2026 filing-season figures: the ...

Investing as an American expat in 2026 means reporting worldwide investment income while managing brokerage restrictions, PFIC rules, and foreign-account disclosures. Key markers are the $10,000 aggregate FBAR threshold and, for a qualifying single filer abroad, Form 8938 above $200,000 year-end or $300,000 anytime. The...

IRS Form 708 is the new federal return for a US citizen, US resident, or certain trust that receives more than $19,000 of covered gifts or bequests from covered expatriates during 2025. The recipient, not the donor or estate, generally calculates a 40% Section 2801 tax and files under the new 18-month deadline. This return is separate f...

FinCEN's beneficial ownership information (BOI) reporting requirement no longer applies to US companies. ...

US citizens and green card holders who received a DASP in 2025 generally address it on their 2025 Form 1040 filed in 2026. The gross payment and taxable amount are not always identical – IRS guidance generally permits recovery of documented after-tax cost, while Australian withholding may support a Form 1116 foreign tax credit. (...

Usually no on federal income tax, but sometimes yes on other taxes. Most churches that qualify under section 501(c)(3) are not liable for federal income tax on donations, offerings, and other income tied to their religious mission. That is where the exemption ends. Several other tax categories can still apply. ...