If you wish to give up your US citizenship or green card, there are certain conditions that need to be met for the IRS.
As specialists in international taxation we will assess your situation and explain your obligations when giving up your citizenship or green card.
This includes assisting you with:
- Expatriation planning
- Expatriation compliance
- Exit taxes
Don’t get caught out with unexpected costs and obligations. As international tax specialists we are well aware of the potential costs involved in giving up your citizenship.
We will help you understand your options and the tax implications of investments, timing decisions, changing residency, and giving up your citizenship.
ADDITIONAL SERVICES WE CAN HELP YOU WITH
TAX PREPARATION
We provide assistance for all your individual tax return needs. This includes preparing and lodging your Individual State and Federal tax returns, including Forms 1040 and 1040NR.
CUSTOM ADVISORY
A custom tax strategy is prepared for your goals and needs when you engage us for custom advisory services. We begin with helping you understand the facts of your current situation, assessing your goals, and providing you with clear advice regarding your opportunities, risks, and relevant strategies.
GIVE UP YOUR USA CITIZENSHIP OR GREEN SLIP WITH CONFIDENCE
Contact us today to ensure you have a complete understanding of all your costs and obligations when giving up your US citizenship or green card.
CONTACT US TODAYNEWS AND UPDATES
US Taxpayers given some Reporting Relief on certain Foreign Trust Investments
10th Mar 2020
Jurate Gulbinas
Section 6048 requires US taxpayers to make an annual report regarding financial or asset transfers in relation to the receipt of distributions from foreign trusts Taxpayers can be penalised if they...
Making a check-the-box election as a foreign corporation
4th Mar 2020
Jurate Gulbinas
This article relates to foreign business founders with an active business, who are moving to the US There is a risk that foreign earnings may be double taxed when your organisation is taxed as a US...
Online Business with No Physical Presence May Be Liable for US Sales Tax
29th Nov 2019
Jurate Gulbinas
In our previous article on the topic of sales tax in September 2018, titled “Understanding Sales Tax in the US” Click here to read the post, we discussed the ways in which US states themselves...