Supports Cross Border Professionals and Families Many taxpayers need to pay attention to the FBAR. The U.S. is a melting pot, with many mixed-nationality married couples. In this article, I explain in plain language what the FBAR rules are. If you have foreign...
Supports Cross Border Professionals and Families It is a dream come true moment when you obtain your green card. I did it over 30 years ago. I felt that I finally got my ticket to freedom. As the years pass, my appreciation for Arthur Andersen, the sponsor, and my...
Supports Cross Border Professionals and Families Under the IRC Section 101(a)(1), beneficiaries generally do not pay taxes to the life insurance proceeds in the U.S. When you move to a foreign country; this may not be true. I specifically talk about this in Japan....
The term “accidental American” is often used to refer to individuals who have U.S. citizenship because they were born in the United States, but who have spent little or no time in the United States and may not consider themselves American. The United...
Supports Cross Border Professionals and Families First and foremost, you must know the striking characteristics of US gift taxes. The person who makes a gift (donor) is liable for gift taxes. Many countries, such as Japan, levy taxes on the person who receives...
