Author Archives: Hannah Nelson
Seven Top Tips for US year-end tax planning
The holiday season is here, and we have a gift for you! The first in a series of posts geared towards making tax clearer, which we refer to as Everything you didn’t learn about taxes in school, provides seven US year-end tax tips to make 2022 as pain-free as possible. Donate to a US Charity. In the […]
UK Autumn 2021 Budget – The Chancellor’s Statement
On 27th October, Rishi Sunak delivered the UK’s Autumn 2021 Budget, a budget focusing on the “Post-Covid” era. Some of the key headlines had already been announced ahead of the speech and there was no significant news on the Personal Tax front, however, here are a few key points for your consideration: Those selling a […]
The Business Impact of Biden’s Proposed Tax Changes
Business Impact – the Biden Tax Proposals Since Joe Biden’s presidential election victory over Donald Trump in November 2020, and the Democrat takeover of the House and the Senate, the business world has been eager to hear what changes to the tax laws the Biden administration will propose. Based on President Biden’s presidential campaign, there […]
Last Chance to File the 2020 FBAR Form
This is just a reminder to all US citizens, resident aliens and any domestic legal entity that the deadline to file the 2020 FBAR Form 114 Report of Foreign Bank Account and Financial Account is 15 October 2021. There is no extension of time to file to FBARs. Who needs to file? If you have […]
Foreign Corporations & US Tax – The Basics
As providers of US tax advisory and compliance services, based outside of the US, we work daily with foreign corporations (non-US) who do have US tax filing requirements and often US taxes to pay. We frequently see this specifically with our Private Equity and Venture Fund clients. Below is a useful overview of how US taxes work with […]
The New Cryptocurrency Tax Bill: If it ain’t ‘broker,’ don’t fix it!
When President Joe Biden entered office at the beginning of this year, he did so with ambitious plans to reshape the US tax landscape in a more progressive fashion. As the White House continues to grapple on a broader legislative package with its razor-thin majority in Congress, we caught our first glimpse of the new […]
A guide to the US Taxation of Cryptocurrency
It seems nearly impossible today to have a conversation about technology or finance without ultimately turning towards the subject of cryptocurrency. It’s a topic that equally dominates the discussion at Web Summit and the Wall Street Journal alike, is discussed on mainstream news around the world, and whether or not you have mastered all the […]