O-1 in California: Worldwide Income and State Tax Questions California is a top destination for O-1 professionals in tech, entertainment, and biotechnology. However, California’s Franchise Tax Board (FTB) operates...
H-1B With Foreign Dividends: U.S. Tax Reporting Risk Receiving dividend payments from overseas companies or foreign investment accounts while working in the U.S. on an H-1B visa creates mandatory...
Green Card Holder Selling Foreign Property: U.S. Tax Questions Selling real estate overseas represents a major financial transaction for Green Card holders. Whether disposing of an inherited family home,...
Green Card Holder Form 1116: First-Time FTC Review Filing Form 1116 (Foreign Tax Credit) for the first time is a critical tax event for new Green Card holders. Form...
L-1 With Foreign Dividends: Worldwide Income Questions Earning dividend income from foreign stocks or private companies while residing in the U.S. on an L-1 visa introduces intricate tax reporting...
New U.S. Citizen IRS Notice for Foreign Assets: CPA Review Needed Receiving an official notice or CP2000 letter from the IRS regarding undisclosed foreign assets is alarming for any...
L-1 With Split Payroll: U.S. and Foreign Income Tax Issues A split-payroll arrangement—where an L-1 employee receives a portion of their compensation in the U.S. and another portion abroad—is...
Green Card Holder With Inherited Foreign Property: Tax Reporting Review Inheriting real estate or foreign assets overseas introduces specific IRS reporting rules for Green Card holders. While receiving an...
L-1 With Employer Tax Assistance: What Still Needs CPA Review? Many multinational firms provide L-1 transferees with corporate-sponsored tax preparation services. While corporate tax providers handle the basic U.S....
L-1 With Tax Equalization: U.S. Tax Review To protect cross-border transferees from paying higher taxes due to an international assignment, many multinational companies place L-1 visa holders on a...