One of the biggest changes the 2017 Tax Cuts and Jobs Act (TCJA) enacted in the international tax arena was section 951A, also known as the Global Intangible Low-Taxed Income (GILTI). GILTI [...]

The GILTI laws apply to far more taxpayers than expected, require long detailed calculations, and after all that work could likely result in no tax.  However, the cost of ignoring the [...]

In general, there are not any restrictions on foreigners owning U.S. businesses.  The corporation, LLC, or other business entity files its formation documents with the appropriate state [...]

In general, foreign owned businesses are taxed to their U.S. owners as if they were setup in the U.S.  Therefore, it is very important to determine what the business would be considered for U.S. [...]

We had a very fun and successful trip to Hong Kong and China meeting friends and colleagues, seeing the sights, making presentations, and spending time together.  It was a rewarding experience to [...]

The normal tax deadline for individual taxpayers is April 15th.  However, for taxpayers living and working abroad there is an automatic extension to June 15th.  This year, since June 15th is a [...]

I am honored and excited to be presenting at this year’s Binational Conference of the Colegio de Contadores Publicos de B.C.  The event will take place on June 28th in Tijuana.  Please join [...]

A common investment into the U.S. market is real estate, which is often rented to produce income.  This investment has questions that need to be answered regarding things such as holding [...]

When consulting with international clients one of the most common miscommunications involves discussing a “foreign trust.”  For most people, a foreign trust would intuitively be a trust of a [...]

The Tax Cuts and Jobs Act was sold as a simplification of tax laws and forms.  The IRS recently reminded taxpayers that forms 1040A and 1040-EZ have been consolidated into Form 1040.  On its [...]