by JH | News tax insight | Nov 24, 2025 | Tax Preparation
A divorce involves more than dividing property and determining custody; it also creates significant federal tax obligations before the IRS. If not properly managed, these obligations can lead to unexpected liabilities, penalties, and disputes. This article provides a...
by JH | News tax insight | Nov 21, 2025 | International Tax, Offshore Tax Compliance
If you are a foreign national living in the United States and taxed as a U.S. resident, you may be surprised to learn that the sale of your U.S. real estate could still trigger FIRPTA withholding. Many taxpayers incorrectly assume that immigration status and tax...
by JH | News tax insight | Nov 20, 2025 | International Tax, Offshore Tax Compliance
Purpose of U.S. Tax Residency Rules for Foreign Nationals with Offshore Investments The U.S. tax residency rules are designed to determine which individuals are subject to the country’s global tax system. Once a foreign national becomes a U.S. tax resident, they must...
by JH | News tax insight | Nov 19, 2025 | International Tax
Owing a tax liability to the IRS is a serious federal matter that requires prompt and informed action. U.S. tax law provides multiple structured mechanisms for taxpayers who cannot pay their balance in full, including payment arrangements, negotiated settlements, and...
by JH | News tax insight | Nov 19, 2025 | Offshore Tax Compliance
The U.S. real estate market continues to attract investors from around the globe. However, when a foreign individual or entity sells property located in the United States, a special tax regime applies: the Foreign Investment in Real Property Tax Act (FIRPTA). FIRPTA...
