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. ...
by Corie DuChateau | Jan 17, 2022 | Blog, Expat
If you need to renew your U.S. passport while you are in Puerto Vallarta, you can do it at the U.S. Consulate in Nuevo Vallarta. Below is the contact information for the consulate and the process for renewing your passport. This information was updated on March...
by Corie DuChateau | Jan 10, 2022 | Blog, Expat
At BNC Tax, our clients often need the services of a Mexican accountant to prepare their Mexican taxes. For example, someone who owns a business or a rental property in Mexico will need to file and pay taxes in Mexico. We have partnered with Paula Blanco from...
by Corie DuChateau | Dec 30, 2021 | Blog, Expat
The U.S. Embassy in Mexico City announced on December 30, 2021 that U.S. citizens may be able to travel to the United States on expired U.S. passports. The full message from the Embassy is copied below. Message to U.S. Citizens: Travel to the United States on Expired...
by Corie DuChateau | Dec 27, 2021 | Blog
After reaching age 50, you can make additional “catch-up” contributions to certain types of tax-advantaged retirement accounts. For the 2021 tax year, this opportunity is available if you’ll be age 50 or older on Friday, December 31, 2021. Specifically, with an...
