Tax Updates
Find below the latest articles on all items related to your (expat) taxes. Enjoy reading!
PayPal Will Report Goods and Services Transactions Totaling $600 or More to the IRS In 2022
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. ...
U.S. Passport Renewal in Puerto Vallarta
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...
Mexican Tax Accountant
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...
U.S. Citizens May Be Able to Travel to the United States on Expired U.S. Passports until March 31, 2022
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...
Additional REsources
Previous articles
These 10 Tax Changes Could Impact the Size of Your 2021 Tax Refund
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 was...
Job Posting: US Expat Tax Preparer (EA, CPA) – Full Time
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 the...
PayPal Will Report Goods and Services Transactions Totaling $600 or More to the IRS In 2022
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. ...
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Dutch tax filings: Orange Tax Services
Mexican tax filings: Equilibrium
Bonaire tax filings: Stephens Tax & Administration