by Corie DuChateau | Mar 29, 2022 | Blog, Expat, FBAR
All U.S. citizens are required to file an annual FBAR for all qualifying foreign bank and financial accounts Many Americans living overseas are required to file a Foreign Bank Account Report (FBAR). The FBAR is filed separately from your tax return with the Department...
by Corie DuChateau | Mar 13, 2022 | Blog, Tax Updates
The IRS is still dealing with an enormous backlog left over from Covid shutdowns. This is causing long phone hold times for taxpayers who call the IRS with questions, as well as tax preparers who call the IRS on behalf of their clients. The IRS in Crisis The IRS...
by Corie DuChateau | Mar 11, 2022 | Blog, Tax Updates
Here’s what to know if you received child tax credit payments, collected unemployment, or had student loans forgiven in 2021. Every year there’s a long list of tax changes that can affect the bottom line of your tax return and, it’s no surprise, that last year...
by Corie DuChateau | Mar 11, 2022 | Blog
US Expat Tax Preparer (EA, CPA) – Full Time Location: Remote Employment status: US-based employee, Netherlands based employee, or contract work anywhere BNC Tax is a close-knit community of Enrolled Agents and CPAs preparing taxes for Americans living all over...
by Corie DuChateau | Jan 20, 2022 | Blog, Tax Updates
As part of the 2021 American Rescue Plan, which went into effect on Jan. 1, 2022, the threshold for reporting income on IRS Form 1099-K has been lowered to $600. IRS Form 1099-K is used to report goods and services payments received by a business or individual. ...
