by Antonio Rodriguez | Aug 28, 2023 | IRS - Internal Revenue Service, US Tax Return 1040 / 1040NR
The IRS issues more than 9 out of 10 refunds in less than 21 days. However, it’s possible your tax return may require additional review and take longer. If Your Refund Isn’t What You Expected If your refund amount isn’t what you expected, it may be due to changes we...
by Antonio Rodriguez | Aug 27, 2023 | FATCA, FBAR
The Form 8938 filing requirement does not replace or otherwise affect a taxpayer’s obligation to file FinCEN Form 114 (Report of Foreign Bank and Financial Accounts). Unlike Form 8938, the FBAR (FinCEN Form 114) is not filed with the IRS. It must be filed directly...
by Antonio Rodriguez | Aug 25, 2023 | Uncategorized
STREAMLINED FOREIGN OFFSHORE PROCEDURE As U.S. Citizen or Green Card Holder, you have the obligation to declare in the United States, worldwide income regardless of your tax residence, the source of income, or the volume of income. The consequences of failing to...
by Antonio Rodriguez | Jul 23, 2023 | Uncategorized
By Fatima Hussein, Associated Press An IRS plan to test drive a new electronic free-file tax return system next year has got supporters and critics of the idea mobilizing to sway the public and Congress over whether the government should set up a permanent program to...
by Antonio Rodriguez | Jul 15, 2023 | AEAT, Tax Treaty, US Tax Consultants
The Supreme Court reprimands the Spanish Tax Agency (AEAT) for skipping double taxation agreements. It points out that what these agreements establish prevails over national legislation. The Supreme Court puts the Tax Administration in its place for unilaterally...
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