Reid Kopald
Articles
Form 8814: Parent's Election to Report Child's Interest and Dividends
If you are a parent who has a child with investment income, you may need to file Form 8814, Parent's Election to Report Child's Interest and Dividends. This form is used to report the child's investment income on the parent's tax return, rather than on a separate tax return for the child. In th...
Tax deductions for charitable donations: A complete guide 2025
Making charitable donations not only helps worthy causes but can also provide significant tax benefits. Understanding how tax deductions work for charitable contributions can help you maximize your giving while reducing your tax burden. Key takeaways: charitable donations can provide valuable tax deduc...
How US expats can claim stimulus checks in 2025
The pandemic may feel like a distant memory, but many US expats are still wondering if they can claim their stimulus checks – or recover them if missed. Whether you're a seasoned expat or new to navigating US tax laws from abroad, here's your ultimate guide to understanding and claiming your stimulus checks in 2025. W...
To Include or Not to Include Your Foreign Spouse’s Income on Your US Expat Tax Return
Living overseas and married to a non-resident alien spouse (that is, not a US Citizen or Green Card Holder), you can choose to file jointly and add your spouse's income but there are situations, however, when it doesn’t behoove either o...
Unlocking paradise: The top tax-friendly havens for Americans retiring abroad
Retirement offers a golden opportunity to embrace new adventures, explore different cultures, and even optimize your tax obligations. Many Americans are choosing to settle abroad, driven by affordable living, welcoming communities, and the potential for lower taxes. "Retirement is a chanc...
Foreign pensions and US taxation: What you need to know
Are you dreaming of retiring on a sun-soaked beach in Bali or spending your late years as a self-professed sommelier in a quaint Italian village? Perhaps you're an American who worked abroad or you have lived as a permanent resident with overseas retirement accounts. Or it could just be that you’re in the process of planning f...