by David Merrifield | Sep 6, 2018 | 2018, Federal Tax, US Tax Returns
This is a reminder that if you filed for an extension prior to June 15th, the final deadline for your US expatriate taxes, FBAR, and FATCA filing is October 15th 2018. FBAR compliance is very important for any taxpayer subject to IRS tax reporting requirements. The...
by David Merrifield | Feb 7, 2018 | 2018, US Tax Returns
If you have an expired Individual Taxpayer Identification Numbers (ITINs), and you have a US filing obligation for 2018, you should take steps to renew them as soon as possible. The IRS are warning that Tax returns with expired ITINs will face processing delays and...
by David Merrifield | Jan 29, 2018 | 2018, Federal Tax, US Tax Returns
The IRS have announced that the 2018 tax season begins January 29th. This date marks the earliest point when the IRS will start accepting completed personal federal tax returns, however it is never too early to start collating your information! Important 2018 US Tax...
by Rachel Finch | Dec 20, 2017 | 2018
In addition to changes to the tax rates changes, assuming that the Tax Reform bill passes by the end of 2017, 2018 will also see large changes to the system of deductions. Standard Deduction Amounts For 2018, the standard deduction amounts will increase to $12,000 for...
by Rachel Finch | Dec 20, 2017 | 2018
Big changes are proposed for individual’s tax rates and deductions for 2018. The following are based upon the assumption that the current Tax Reform Bill will be written into law before the end of 2017. Tax Brackets and Tax Rates. There will still be 7 tax rates,...