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The Biggest Threats to Successful Estate Planning
Failure to plan is planning to fail. However, more pernicious than failing to plan, is having a poor estate plan. The reason for this is obvious, you ...
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Castro & Co.
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Protecting Your Children's Inheritance When You are Divorced
In the wake of a divorce many people’s most valuable assets are their retirements plan and their life insurance policies. Obviously, it is a good idea ...
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Castro & Co.
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Taxation of Stock Options: ISOs, NSOs, and Who Knows
Stock Option Basics An option is basically just a contract between you and the company. The company says, “Hey, I’ll let you buy our stock at this ...
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Castro & Co.
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Superannuation Contributions are Deductible Foreign Taxes Despite Being Voluntary
The distinguishment between voluntary and involuntary taxes stems from the foreign tax credit provisions. Under the foreign tax credit provisions, a ...
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Castro & Co.
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Deducting Medical Expenses of Parents and Relatives Not Living With You
The deduction for medical expenses under Section 213 states that there shall be allowed as a deduction for expenses paid for medical care of an ...
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Castro & Co.
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2017 Currency Conversion Rates
Below are the safe harbor exchange rates published by the U.S. Department of the Treasury for use in the preparation of U.S. federal income tax ...
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Castro & Co.
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2018 Inflation Adjustments
The IRS recently released the 2018 inflation adjustments for several tax provisions in Rev. Proc. 2017-58, 2017-45 I.R.B. __. There appear to be no ...
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Castro & Co.
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Tax-Free Withdrawal of U.S.-Based Retirement Funds by Non-U.S. Citizen Australians
One of the most common inquiries we get is from Australian nationals that are not U.S. citizens. You came to the U.S. on an E-3 or L-1 Visa for a ...
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Castro & Co.
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