For U.S. taxpayers living abroad, two of the most common (and costly) reporting traps are FBAR (Foreign Bank Account Report, FinCEN Form...

If you’re a U.S. citizen or green card holder living overseas and haven’t filed U.S. tax returns in a while, don’t panic—there may be a...

Living abroad can be an exciting chapter in your life, but don’t forget—Uncle Sam still expects a tax return. The U.S. is one of the few...

Common Tax Traps for U.S. Expats—and How to Avoid Them

Owning an interest in a foreign entity can be an exciting investment, but for U.S. taxpayers, it comes with a web of tax complications.

PFICs are subject to some of the most stringent tax rules in the U.S., often leading to higher taxes and complex reporting requirements.

Navigating U.S. tax obligations while living abroad can be challenging, but taking proactive steps now can lead to significant tax savings.

At MKHS Tax Group, we’re committed to making the complex world of taxation more understandable, approachable, and beneficial for our...