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If you didn't tell a foreign (non-US) bank that you are a US citizen when you opened the account, and never agreed for them to share your...

A bill to end double taxation for Americans abroad may be introduced to Congress before the end of the year. Thanks to  Tax Fairness for...

What's wrong with running a quasi-nonprofit using your own personal accounts, without actually setting up a real nonprofit? A lot of...

Great news! WEP will be dead soon.  Expats will no longer have their social security benefits slashed simply because they also receive a...

"‘The hardest thing in the world to understand is the income tax.’ – Albert Einstein

IRS inefficiencies cause taxpayers to foot the bill for refund check reissues after checks are stolen. It's nice of the government to do...

Wondering what happened to your refund check? These guys may have stolen it.  Former Postal Workers Charged with Stealing U.S. Treasury...

Why is it so important to e-file your 2021 tax return and refund claim before the Nov. 30 deadline, if it can still be paper filed until...

Important deadline approaching! If you've been procrastinating, now is the time to get your act together. E-file shutdown for personal...

Big news! Those who live in Israel, or have an accountant in Israel now have until 9/30/2025 to file their return or pay their taxes for...

What's the difference between a tax accountant and a general accountant? I would say that it's analogous to the difference between a...

Here's a hack to get a retroactive tax return extension to 9/30/2025, even if you forgot to file for one: The IRS gave an automatic...

One of the biggest misconceptions regarding FBAR (Foreign [non-US] bank account) reports is that only accounts with $10k or equivalent...

9/2024 Recently, news of proposed expanded child tax credits have been in the news. Some rumors have been swirling around, so here is a...

Taking tax planning a little too far: Seen on Linkedin: "I induced my last baby Dec. 29th and had her on the 30th for tax purposes"

"But my expected refund is barely more than your fee!! Can I get a discount?" Me: So according to that way of thinking, for people who...

Filing taxes for a deceased person presents many difficulties, and detective style methods may be needed to file a return properly.  A...

Sometimes it's a bit shocking to hear how clueless some people are about tax filing responsibilities, and how the US immigration system...

One thing tax pros have to watch out for on a daily basis is "spear phishing".  Hackers trying to steal information pretend to be...

Did you know? NJ now has a $1,000 refundable child tax credit, while NY only gives up to $330 for the empire state child credit. Both are...