At BNC Tax, our clients often ask us, “Do I need to file 1099s as an expat business owner?” And the answer is most likely yes (if you hire U.S. citizens.) All business entities from sole proprietorships to large corporations have a requirement to determine if...
BNC Tax founder Cindy DuChateau has been a U.S. tax preparer for Americans living abroad since 2009. In this video, Cindy is interviewed by Risa Morimoto from the YouTube channel Dream Retirement in Mexico, and she shares important tax information for 2024 that...
Are you concerned about your financial future after retirement? You are not alone. Most Americans feel ill-prepared financially for life after work and steady paychecks. With strict rules about building and accessing retirement funds such as IRAs, the government...
On October 26, 2023, the Dutch House of Representatives passed an amendment to reduce the 30% Ruling, which is a very popular and highly advantageous tax advantage for migrant workers in the Netherlands. If you are on the 30% Ruling or know anyone who is,...
The IRS is running a pilot of its new “Direct File” project, which allows qualified taxpayers to file directly with the IRS, in several states in the 2024 filing season. This exciting project, started under the Inflation Reduction Act, will streamline the...
