Archive for the 'Tax Filing' Category

US Tax Filing Requirement Imposed on Nonresidents

Recently the friend of a client posed the question whether a US non-resident alien has to file a US tax return based on interest earned on an account in the US? To understand this tax filing requirement, it is first necessary to distinguish between resident and non-resident alien status.
A resident alien is someone who meets [...]

Graduated Tax or Gradually Taxed

Twenty years ago when the writer had a public tax practice in Santa Fe, New Mexico, he received a call from a shopkeeper on Canyon Road.  ‘I’ve received a notice from IRS. Can you help me with my taxes?’ Santa Fe is the capital of New Mexico and famous for its art community and its [...]

2007 Tax Preparation

One of the expat advantages of a later tax filing due date - 16 June 2008 - for the 2007 US federal income tax return is the extra time to put together those papers related to foreign taxes.  This 16 June due date can even be extended to 15 October by filing Form 4868.  Because IRS [...]