All United States tax laws and regulation apply to every US person whether he/she is working in the United States or in a foreign country.
When it comes to your international tax obligations, it is very essential for you to understand exactly what is the definition of ‘US person’ by the IRS ( Internal Revenue Service ) and what it means to you.
Individuals are considered ‘US Persons’ no matter where they live in the world.
If they are green card holder/US citizens/tax residents you may also be a tax resident in another country as well.
As part of the US tax system, all US persons are obligated to file annual income tax returns along with other supporting documentation to report worldwide income.
Failure to understand your tax responsibilities as a ‘US person’ can result in hefty penalties associated with your US expat tax liability.
Businesses should gain a professional perspective on the legal, tax, immigration, cultural considerations and location options before any steps are taken to set up a business in the US. It could save a lot of time and money later on down the road.
Here is why you need us as we specialize in:
- Tax return Preparation – Federal
- Resident Returns – 1040EZ, 1040A, 1040
- Non-Resident Returns – 1040NR, 1040NR-EZ
- Amendment returns – 1040X
- Partnership Return – 1065
- Business Returns – 1120, 1120-S & 1120-C
- Trust Return- 1041
- Tax return Preparation – State, City & Local
- USATAXX primarily caters to US tax compliance and consultancy, but additionally offers UK compliance services as well. We provide exclusive professional tax filing, consultancy and individualize services to help you get the maximum benefits.
- We provide US tax compliance (tax return preparation) and advisory services, no matter which part of the world you belong to.
- We provide UK tax compliance, including LDF (Liechtenstein Disclosure Facility) and UK Swiss (Rubik) disclosures.
- We have expertise in international, cross-border taxation for taxpayers who are investing in US or taxpayers who are residing abroad in our region.
- And beginning with the 2009 formal IRS voluntary disclosure program, We have always exceptionally been the leading International firm for years.
- USATAXX has developed an expertise to face new challenges and opportunities in changing finance and tax scenario with an empowered team and creative solutions.
- USATAXX has been assisting happy clients for many years in bringing their tax filings up to date and save there valuable wealth by reducing tax liability at the same time ensuring that you stay compliant with the law.