What Is the Report of Foreign Bank and Financial Accounts (FBAR)? The Report of Foreign Bank and Financial Accounts, or FBAR, is a tax form filed with the United States…

As a U.S. citizen or Green Card holder, you are required to pay taxes to the U.S. regardless of whether you live in the United States or not, even if…

All United States tax laws apply to every U.S. person, whether you are working in the United States or in a foreign country. To ensure compliance with these tax laws,…

Travel and adventure have always been major draws for many people, but as the world becomes more connected and travel becomes easier in the post-pandemic world, more and more people…

For some Americans who are living and working more permanently overseas with no intention of returning to the United States to live, the decision to renounce their citizenship makes sense.…

Renouncing your U.S. citizenship is a decision that should not be taken lightly. It is not reversible, and it is the voluntary loss of citizenship, meaning you will no longer…

One of the main benefits people mention when becoming an S corporation is the ability to avoid double taxation that shareholders and other corporations may face. Avoiding double taxation is…

As you begin to prepare your personal tax returns for filing on April 18, it is also necessary to ensure that all necessary filings for your LLC will meet the…

Each year, as the U.S. tax season approaches, citizens must begin preparing to file their taxes and meet the strict deadlines the IRS imposes, and U.S. citizens living and working…