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...
Updated: Feb 14 2024 New Beneficial Ownership Reporting (BOI) Rules As part of the Corporate Transparency Act, The Department of the Treasury Financial Crimes Enforcement Network (FinCEN) has introduced rules requiring certain entities to report...
Originally posted at https://www.irs.gov/newsroom/2024-tax-filing-season-set-for-january-29-irs-continues-to-make-improvements-to-help-taxpayers IR-2024-04, Jan. 8, 2024 WASHINGTON — The Internal Revenue Service today announced Monday, Jan. 29, 2024, as the official...
This article was originally posted at https://movetonl.com/filing-taxes-us-citizen-in-the-netherlands/ Shared with permission. Taxes are often a very intimidating topic. Tax systems can be complex, not very transparent, and making a mistake can be both expensive and...
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...