11 Feb 2011 | Uncategorized
Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts is due every year on June 30, with no extensions possible. This form needs to be completed if the total combined value of all of your accounts outside of the United States exceeded $10,000 at any point...
2 May 2008 | Uncategorized
Anyone who has asked me knows I am no fan of investing in real estate in (Western) Europe at the moment. One of the biggest risks I see (aside from the fact that real estate prices have not “corrected” yet in many cities) is a little-known IRS law...
15 Apr 2008 | Uncategorized
One of the most common issues I see (and probably the one with the most impact) is the taxation on the sale of a foreign personal residence. US citizens (and greencard holders) are required to use the US Dollar as their “functional currency” for all...
