by JH | News tax insight | Dec 30, 2025 | Offshore Tax Compliance, Tax Compliance
The U.S. tax system often reaches beyond U.S. borders—even when money was earned or inherited overseas. For foreign nationals who are U.S. tax residents (such as green card holders or individuals who meet the Substantial Presence Test), receiving an inheritance from...
by JH | News tax insight | Dec 15, 2025 | Offshore Tax Compliance, Tax Compliance
U.S. taxpayers with international ties often focus on whether a transaction creates taxable income. In the area of foreign trusts and foreign gifts, however, the greatest risk is frequently information reporting, not tax. The IRS requires detailed disclosures when a...
by JH | News tax insight | Dec 8, 2025 | Tax Compliance
If you received an IRS notice showing a balance due and you can’t pay the full amount right away, federal tax rules allow you to request a monthly payment plan, commonly called an installment agreement. This is a formal arrangement in which the IRS accepts payments...
by JH | News tax insight | Dec 5, 2025 | Offshore Tax Compliance, Tax Compliance
It is common for foreign professionals to become U.S. tax residents and later sell property they still own overseas. Consider Sofia, a Colombian architect who moves to the United States, meets the substantial presence test, and becomes a U.S. tax resident. Two years...
by JH | News tax insight | Dec 4, 2025 | Tax Compliance
The U.S. tax system treats F-1 students based on tax residency, not immigration status. Most students are considered nonresident aliens (NRAs) during their first years in the U.S., which affects how they are taxed, what forms they must file, and which benefits they...