Reid Kopald
Articles
US Tax Implications for Americans Abroad With US Retirement Accounts
If you were working in the United States before you moved to a foreign country, then you have most likely contributed to an American retirement account such as a 401(k) or IRA. If you are interested in managing your retirement account from abroad, you have three options from which to choose. If you were main...
Last Minute Tips to Prepare for Your US Income Tax Return
The April 15 tax filing deadline is approaching fast. It’s time to start making preparations to get your taxes filed on time. With the IRS understaffed, it’s not likely that you will get much help if you have tax questions. The tax filing deadline of April 15 for 2014 tax...
Same-Sex Marriages and Social Security
The unprecedented Supreme Court ruling on the Defense of Marriage Act that gave same-sex married couples the same rights to benefits as opposite-sex married couples left some confusion about how same-sex couples living in a state in which gay marriage was not allowed would be affected – especially when it came to Social Security benefits.<...
IRAs and Roth IRAs for the Americans Living Abroad
Traditional Ira vs Roth Ira for the Americans Living Abroad This is a guest post by David Kuenzi. David is the Founding Partner of Thun Financial Advisors, a US based investment management firm working with American expats worldwide. You can find more information at their web site: ...
FATCA Implications for Australian Superannuation Plans
As we have discussed elsewhere, the Foreign Account Tax Compliance Act (FATCA) takes effect July 1. Part of the IRS effort to enforce the taxation of offshore assets held by U.S. taxpayers, the law imposes new and more stringent reporting requirements on foreign financial institutions. All taxpayers—including resident aliens (those holding ...
Know the Tax Implications of Foreign Investing
When it comes to investing, there is diversification, and then there is diversification. The U.S. financial markets are rich enough that it is certainly possible to extensively diversify a portfolio and never leave American shores. However, as the recent financial crisis and recession (among other events) have proved that nearl...