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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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DEPRECIATING FOREIGN RENTAL PROPERTY
There was once a time when everyone thought the world was flat. This is a phrase we often repeat to clients. Today, the prevailing opinion among tax ...
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Castro & Co.
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Tax Planning for Cryptocurrencies, Bitcoin Gains & Initial Coin Offerings (ICOs)
The rise of bitcoin gave birth to a slew of ICOs, cryptocurrency exchanges, massive bitcoin gains, and the potential for civil and even criminal ...
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Castro & Co.
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Changes & Keynotes Within the Republican Tax Reform Bill
Republicans managed to pass a tax overhaul bill in both the House and the Senate in December 2017. With the vast majority of the provisions within the ...
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Castro & Co.
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What You Need to Know About Foreign Tax Credits
American companies who do business abroad or foreign nationals who do business and make money while in the United States are required to pay taxes on ...
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Castro & Co.
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U.S. Tax Treatment of Australian Superannuation Funds
Whenever a U.S. taxpayer is confronted with an international tax issue , they should understand that there are two separate and distinct bodies of law ...
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Castro & Co.
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IRS Gains the Power to Revoke U.S. Passports for Tax Debts
The President signed into law a new provision to the Internal Revenue Code that gives the U.S. government the right to revoke or deny the renewal of ...
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Castro & Co.
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14 Ways to Not to be Penalized for IRA Early Withdrawal
Withdrawals made from your retirement account ( e.g. , 401(k), 403(b), 457(b) IRA, SIMPLE IRA, etc.) before you have turned 59 ½ years old will ...
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Castro & Co.
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