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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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Foreign Currency to U.S. Dollars Exchange Rates | U.S. Treasury and IRS Published Safe Harbor Exchange Rates
The IRS does not have official exchange rates. For the convenience of taxpayers, however, the U.S. Department of the Treasury publishes averaged-out ...
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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 from Australian nationals is how to handle their IRA or 401(k) fund when they are planning leave. For example, ...
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Castro & Co.
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Section 965 Deemed Repatriation Tax: Defeated
There was once a time when everyone was wholly convinced that the world was flat. This is a phrase we often repeat to skeptics. Today, the prevailing ...
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Castro & Co.
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2019 Worldwide List of Per Se Corporations
A per se corporation is a foreign corporation that, under the U.S. entity classification regulations, is automatically deemed to be a corporation and ...
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Castro & Co.
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Depreciating Foreign Rental Property
Introduction There was once a time when everyone thought the world was flat. This is a phrase we often repeat to clients. Today, the prevailing ...
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Castro & Co.
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