Understanding the Bona Fide Resident Test for U.S. Expats
U.S. Expat Physical Presence Test Explained
Form 2555 is essential for U.S. expats who wish to exclude foreign income from their tax filings. ProTax Consulting specializes in Form 2555 preparation, helping expats claim the Foreign Earned Income Exclusion and navigate the complexities of foreign tax laws to ensure compliance and savings.
Foreign Tax Credit Services for U.S. Expats
Form 1116 and Foreign Tax Credit for Expats
Filing Form 1040NR for Foreign Nationals
Substantial Presence Test for U.S. Tax Residency
The Substantial Presence Test helps determine whether a foreign national must pay U.S. taxes. ProTax Consulting provides services to clarify your tax residency status and assist with compliance, ensuring that you meet the test’s requirements without overpaying.
High Net Worth Taxes for U.S. Expats and Foreign Nationals
FinCEN Form 114 (FBAR) Filing for Expats
What is Phantom Tax? Phantom tax refers to income that is taxable in the U.S. but not readily accessible to the taxpayer. ProTax Consulting offers insights into phantom tax implications and helps expats navigate this complex issue to avoid unexpected tax liabilities.