Employees of Multinational
Corporations or U.S. individuals working overseas become subject to
complex tax issues from country to country when they relocate abroad.
We can provide assignment planning and solutions to employers and
employees on tax issues involving domestic and
international relocations, U.S. expatriates living overseas, and
foreign nationals working in the U.S. Our firm can provide a wide
range of services to Multinational Corporations, expatriate executives
and foreign nationals including:
- Tax Planning in Structuring a Cost Effective Assignment
- Advanced Calculations of the Potential Costs of Assignments, per Local Tax and Social Security regulations
- U.S. Tax Return Preparation (and U.S. states if necessary)
- Tax Equalization and Hypothetical Withholding Tax Calculations and Consulting
- Coordination of Foreign Tax Return Preparation
- Extensions and Estimated Federal Tax Payment Calculations
- Designing Tax Efficient Compensation Packages for Minimizing Global Tax Exposure and Overall Assignment Cost
Tax Equalization and Hypothetical Withholding Tax Calculations and Consulting
Our firm can provide consulting
services to employers in setting up of the company-specific Tax
Equalization Policies that intergrate with the company's overall
business strategies. We can explain the policy to the employees, and
perform the tax equalization and hypothetical withholding tax
calculations for the employers. We can also review the tax
equalization calculation with the employee to determine if the
calculation is in accordance with the tax equalization policy.
Make Up Services in Preparation of the Back-Log Past Year Returns
A large number of U.S. citizens
living overseas have failed to file returns for one or more years
because they were not aware of the filing requirements or the necessity
to file. Expatriates do not automatically get credit for foreign
taxes, foreign earned income and housing exclusions or other tax
benefits without first filing a timely tax return. The statute of
limitations never runs out on tax years for which a taxpayer fails to
file their tax return.
We can assist you with preparation
and filing of the back log returns that have not yet been filed for
past years. If many returns are involved, we will give you a "bulk"
discount. If you will ever return to live in the U.S., the IRS will
eventually inquire about the missing returns.
Tax Services for Non-Residents and Foreign Nationals Working and Living in the U.S.
If you do not live in the U.S.,
but own all or part of an U.S. corporation, partnership or trust, we
can assist you with filing the proper tax returns to comply with all
U.S. federal and state tax laws. If you are an individual and receive
income which is subject to U.S. tax (usually something other than
certain types of interest and capital gains) we can prepare a
non-resident tax return for you.
If you live in the U.S. or
maintain your tax domicile here, you must file an U.S. tax return.
With planning, those U.S. taxes can be minimized so you can keep more
money in your pocket. We have the expertise and experience to prepare
your returns both for the IRS and the state in which you live.
