The US government applies a rather complex set of metrics when defining a foreign trust, which often leads to confusion among taxpayers.

US Global Tax Australia’s David Tzimenakis recently wrote an article on the history of FATCA in New Zealand, a redacted version of which we have reproduced here.

When residing overseas, filing your US tax return on time can come with its difficulties.

US Global Tax are a globally focused, high-tech professional US and cross border tax services provider, with offices in New Zealand and Australia, and this month they explain early retirement fund withdrawals for expats.  Among the recent benefits offered

US Global Tax (AUS) explain that the Internal Revenue Service has stopped processing paper tax returns, with much of its staff now working remotely because of the novel coronavirus pandemic, and is encouraging taxpayers to file their taxes electronically

Among the recent benefits offered by the US Government and IRS due to Covid-19, many were overshadowed by the Economic Stimulus payment. The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) included other provisions to assist those facing fi

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

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

Last month we talked about the First Quarter.

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.