Individuals, Trusts, Expatriation, Estate/Gift
Andrew Aldridge has over 40 years of domestic and international tax experience. Prior to joining US Tax & Financial Services, he served as Manager of the Tax Department of Commercial Financial Services, Inc., a major debt resolution company in the US, where he was responsible for the worldwide tax affairs of the company.
Andrew also worked for over 18 years with Phillips Petroleum Company, a Fortune 50 energy company where he served in both the tax and legal departments. During this time, he spent over five years in the UK as Tax Counsel for Phillips, focusing primarily on international financing issues.
Andrew’s current focus is on the US and international tax aspects associated with non-US trusts and their US beneficiaries; specifically planning to meet the complex US income tax compliance and informational reporting associated with such trusts.
As the US tax system has become more and more complex, Andrew also assists those US taxpayers who wish to give up their US citizenship while minimizing the impact of the confiscatory Exit Tax now imposed on expatriation.
Andrew holds an LL.M. from Southern Methodist University, a J.D. from the University of Oklahoma and a B.A. from the University of Kansas. He is a licensed attorney in the state of Oklahoma.
Did you Know?
Fact SevenThanks to FATCA banks must disclose their American account holders to the IRS or local tax authority.
Fact SixThe IRS is actively looking for non compliant US persons.
Fact FiveIt takes an average of 16 hours to do IRS Form 1040.
Fact FourThere are over 500 IRS tax forms.
Fact ThreeSince 1916, illegal income has been taxable.
Fact TwoUS persons must file tax returns no matter where they live and work.
Text One7 million Americans abroad
only 500,000 compliant