Many US taxpayers residing overseas make use of the Foreign Earned Income Exclusion (FEIE) when filing their US tax returns. To claim these exclusion the US tax payer must have met one of two tests:
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With the rapid spread of Covid-19 many countries including the United States responded by restricting travel and imposing lockdowns. This has led to some travellers becoming stranded in the US for a ...
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As a part of the US response to the ongoing Covid-19 pandemic, the Treasury Department and the Internal Revenue Service has announced that the distribution of economic impact payments will begin in ...
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The Treasury Department and Internal Revenue Service have announced that the federal income tax filing due date is automatically extended from April 15, 2020, to July 15, 2020.
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I think it is fair to say that we are in unprecedented times. Today’s business and economic environment has a very different feel to it than any previous challenge we have faced.
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The world is seeing unprecedented disruption as we try and cope with the outbreak of the latest coronavirus.
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