Sorting out PFIC problem 1

Sorting out PFIC problem
We are excited to share another success story of our client, who was facing a problem with PFIC. Check out Robin’s story and learn what applies to your case. Robin, a dual-citizen between the US and Canada was contemplating selling some Canadian mutual funds. Robin had been advised that mutual funds are PFIC as well ...

Taking advantage of the Foreign Earned Income Exclusion

Taking advantage of the Foreign Earned Income Exclusion
Today we want to tell you another success story and share how 1040 Abroad solved the tax problems, which our clients were facing. In today’s edition, we present you Mark’s story. Mark, a U.S. citizen, recently moved to Ecuador and got a professional 9-V visa/immigration status there. He was still going occasionally making trips to the United States, ...

How a nomad became compliant with US taxes

How a nomad became compliant with US taxes
We are starting series called “Success story” and we share how 1040 Abroad solved the tax problems, which our clients were facing. Today we want to tell you Brian’s story. Brian is a U.S. citizen who has been teaching English in China, South Korea and other places. He never filed a U.S. tax return and is ...