International Tax

Tax Efficient Pre-Immigration Planning Takes Time by Magda Szabo, CPA, JD, LLM

Posted on January 10, 2023 by Magda Szabo

The United States continues to be a destination for foreign citizens to invest their assets, conduct business and, in many cases, make their permanent home. Those individuals seeking U.S. residency often find the path to citizenship lined with a wealth of opportunities, a broad range of new responsibilities and costly liabilities, including U.S. income tax, […]

Podcast – BPB Knows Gift Planning for International Families

Posted on December 15, 2022 by Lewis Kevelson

In this episode international tax advisor Lewis Kevelson shares tips and traps for international families with US assets.

Can Foreign Investors be in the U.S. without Being Here for Income Tax Purposes? by Joel G. Young, JD, LLM

Posted on November 08, 2022 by Joel Young

A fragile global economy and political uncertainty continue to fuel the United States’ status as the world’s most attractive location for foreign investment. However, investors chasing positive returns, high yields and portfolio diversification often face a tricky U.S. tax system that may provide tax-savings opportunities in some instances and costly income-tax traps in others. Contrary […]

Podcast – BPB Knows Cross-Border M&A Transactions

Posted on November 03, 2022

In this episode Associate Director of Tax Services Tony Huber explains some of the nuances of international mergers and acquisitions.

Pre-Immigration Planning: Understanding U.S. Income Tax Residency Status by Pedro L. Porras, CPA

Posted on October 13, 2022 by Pedro Porras

Immigrations laws in the U.S. differ from the country’s tax laws, which require individuals to report and pay federal income tax based upon the government’s classification of their residency status. While it is not uncommon for someone to live in the U.S. without establishing residency for tax purposes, it is important to recognize when this […]

IRS Offers Penalty Relief for Certain Qualifying Taxpayers by Arthur Dichter, JD, LLM

Posted on August 30, 2022 by Arthur Dichter

The IRS recently announced it will provide retroactive penalty relief to taxpayers that failed to file certain tax and information returns on time during the COVID pandemic. To receive this automatic waiver of penalties, domestic and international individuals, businesses, and trusts and estates must file an applicable income tax return on or before Sept. 30, […]

Podcast – BPB Knows Pre-Immigration Tax Planning

Posted on August 18, 2022 by Lewis Kevelson

In this episode Director of International Tax Services Lewis Kevelson discusses pre-immigration tax planning and why it’s so important to start before you start the citizenship process.

Podcast – BPB Knows Foreign Trusts

Posted on April 21, 2022 by Arthur Dichter

In this episode Director of International Tax Services Art Dichter explains when foreign trusts are useful and how they play into tax planning.

Upcoming Tax Reporting Deadlines for Non-U.S. Persons by Andrew Leonard, CPA

Posted on March 30, 2022 by Andrew Leonard

With tax-filing season underway, foreign persons should be prepared to meet their unique U.S. tax-reporting and -payment responsibilities based on their tax residency status. Following are three important factors non-U.S. persons should keep in mind and act on sooner than later to avoid penalties for non-compliance. Know Your Income Tax Status Under U.S. tax laws, […]

IRS Suspends Mailings of Some Tax Collection, Delinquent Return Notices by Arthur Dichter, JD, LLM

Posted on March 21, 2022 by Arthur Dichter

The IRS, buried under millions of unprocessed tax returns from tax year 2020, is suspending the automatic mailings of certain letters and notices it usually generates when it identifies individuals and businesses that failed to file required tax returns or that owe additional taxes. The announcement comes just weeks after the IRS began accepting tax […]

Category: International Tax