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Tax Evasion vs Tax Avoidance: Everything You Need To Know

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…request a personalized tax quote, please click on the link below to answer a few basic questions that will help us better understand your tax situation and filing requirements: https://www.taxsamaritan.com/tax-return-getting-started/tax-quote/. …

What Should You Do If You Have Unfiled FBAR Forms?

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…to find all U.S. persons in order to comply with provisions of the Foreign Account Tax Compliance Act (FATCA). The result is that many American account holders are receiving communications…

6 Steps to Determine Your Tax Residency Status

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…(if you are not a U.S. citizen) and which tax forms you must submit. Knowing your tax residency status will help determine your tax rates and benefits available to you….

What Is The Form 1116 And Foreign Tax Credit?

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…to offset taxes in another category. The five categories of income are: Passive Category Income includes passive income and specified passive category income such as Interest, dividends, and capital gains….

Mexico Expat Tax Advice You Need To Know

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…U.S. For example, certain benefits may be tax free or excluded from taxable income in the Mexico, but in the U.S. these benefits are likely to be non-qualified benefits that…