413
In line with both New Zealand and Australia, the US government/IRS has issued the directions of their Economic Impact Payments as follows:
“SSI and Veterans Affairs Benefit Recipients with Dependents: Register by May 5
Register by May 5 if you receive
96
US Global Tax are able to shed light on the stimulus package proposed by the US government, due to the COVID-19 crisis, starting with who will be eligible. Any US citizen who holds a social security number, regardless of where they live in the world will
54
Last
month we talked about the First Quarter.
49
US Global Tax (AUS) explain what happens if
you have non-resident spouse (they don’t have any obligations, and joint income
is split 50/50), saying they can elect to file jointly anyway, and claim bigger
deductions and/or credits.
41
US Global Tax Australia can’t stress
enough the importance of tax planning, and more so right now, as it is nearly
time for the end of the financial year in the US.
48
US
Global Tax (Aust) are receiving an ever growing number of enquiries about renunciaton
of US citizenship, from US citizens overseas.
47
US Global Tax (Australia) would like to
remind people that the Streamlined Amnesty Program could close soon (as we lead
up to the anniversary of the OVDP programme closing).