27 Jun 2018 | FBAR, Foreign Bank Account Report
Foreign Bank Account Reports (FBAR’s) are currently policed by the US Department of Treasury’s Financial Crimes Enforcement Network (FinCEN). If you haven’t filed your Foreign Bank Account Reports yet, it probably makes sense to submit these sooner...
24 May 2018 | Due Dates, Penalties, Interest
Just a short reminder that the final 2018 Estimated Tax Payment is due June 15, 2018. To avoid (further) penalties for underpayment of estimated tax, in general, by January 15, 2019 you should have paid (in combination with 2018 US taxes withheld and all other 2018...
13 Dec 2013 | Net Investment Income Tax (NIIT), US Tax
I think this quote from the August 2013 issue of the Journal of Accountancy sums it up pretty well: “The new surtax on net investment income will come as a surprise to many individuals… Even more surprising for individuals will be that most tax credits (e.g. the...
10 Dec 2012 | Dutch Tax, Investing, Net Investment Income Tax (NIIT)
Assuming no last-minute changes, the maximum US tax rate on long-term capital gains is set to increase on January 1, 2013, from 15% to 23.8% (including a 3.8% Medicare surcharge on investment income over $250,000). There is a lot of advice going around for people to...
8 Dec 2012 | Dutch BV, US Tax
If the current “fiscal cliff” tax laws go into effect as scheduled, the maximum US tax rate on qualified dividends will go from 15% to 43.4%. What this means for owners of a Dutch BV is that you may have to “top off” your taxes on dividends...
