News

by David Tzimenakis · March 2nd, 2020

Video – Tax Extensions for US Expats

The time of year is upon us, whereby a flurry of extensions need to be filed for many US citizen taxpayers overseas. Fortunately, the IRS allows extensions for most types of returns.

by David Tzimenakis · February 17th, 2020

Guest Article – Moving to New Zealand

The below article was provided by Jennifer Bennet, of A1 Auto Transport

by David Tzimenakis · February 3rd, 2020

Video – US Expats with a non-US Spouse

Many of our US citizen clients now live overseas with a foreign spouse, but how does this affect their tax return?

by David Tzimenakis · January 20th, 2020

Video – Self Employment Tax for US Expats

One question which arises very frequently, is that of Self-Employment (or Social Security) Tax. This is a 15% tax which is applied by the IRS on earnings from self-employment in the US.

by David Tzimenakis · January 13th, 2020

Offices Reopen for 2020

Happy New Year!

Video – Foreign Bank Account Reporting

Included in the US tax return preparation for most of our clients, if FBAR reporting. Specifically, the Report of Foreign Bank Accounts (Form FinCEN114) reports the existence and maximum values of all non-US bank accounts for US citizens annually.

by David Tzimenakis · November 18th, 2019

Video – Gambling Winnings – US Tax

Planning a weekend in Las Vegas?

by David Tzimenakis · November 4th, 2019

Video – IRS Processing Times

When filing returns or letters to the IRS, waiting for it to be processed can be a tedious waiting game.

by David Tzimenakis · October 21st, 2019

Video – Choosing the right US Expat Tax Accountant

When it comes to choosing a US tax practitioner to work with, finding a firm with the right expertise can be challenging.

by David Tzimenakis · October 14th, 2019

Video – Tax Planning for US Expats

One key method of ensuring that your US tax returns have as few complications as possible, is effective tax planning.

by David Tzimenakis · October 7th, 2019

Video – 15th December Deadline

When residing overseas, filing your US tax return on time can come with its difficulties. Fortunately, numerous extensions are available, initially up to 15th June each year, and then an additional extension up to 15th October.

by David Tzimenakis · October 1st, 2019

News – Australian Director Tony Eaton Retires from Business

It is with best wishes, that today we say goodbye to our Australian Director, Tony Eaton, who has retired from a day to day role in the business. Tony formed US Global Tax with our NZ Director Lance Morris in 2014, and has seen the company go from strength to strength, assisting thousands of US taxpayers since.

by David Tzimenakis · September 23rd, 2019

Video – Posting Tax Returns to the IRS

Whilst the vast majority of US tax forms can now be electronically filed with the IRS, using an Authorised e-File provider (such as US Global Tax), many documents are still required to be paper filed.

by David Tzimenakis · September 16th, 2019

Video – Form 3520-A, Foreign Trust Filing Deadline

Today, 16th September 2019 is the final day in which a timely filed, calendar year Form 3520-A for a Foreign Grantor Trust can be filed (with extension).

by David Tzimenakis · September 9th, 2019

Shared News Item – US Expats at Risk of Account Freeze under FATCA

As many US citizens are aware, FATCA (the Foreign Account Tax Compliance Act) has been in place for a number of years, and has changed the financial landscape for US citizens residing overseas.