Second Stimulus Payment Is Coming

Second Stimulus Payment Is Coming

Good news! Another stimulus rebate payment is coming! And the question on everyone’s mind is, “When will I get my second stimulus check?” The President signed the COVID-related Tax Relief Act of 2020 on December 27, 2020. The new law includes the...
Dutch-American Friendship Treaty (DAFT)

Dutch-American Friendship Treaty (DAFT)

The Dutch-American Friendship Treaty is an agreement between the United States and the Netherlands that allows American entrepreneurs to acquire temporary residency and a work permit in the Netherlands for the purpose of starting a business.  The DAFT treaty also...
Foreign Tax Credit and Foreign Earned Income Exclusion

Foreign Tax Credit and Foreign Earned Income Exclusion

At BNC Tax, one of the most common questions our clients ask us is, “Do I have to pay U.S. taxes if I live abroad?” And the answer is… maybe. A lot of expats ask us about the foreign earned income exclusion, so we will explain everything you need to know in this...