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  • 2023
    • November
    • October
      • How To Report Foreign Pension Income on a 1040 Form
    • September
    • August
      • Tax Attorneys in Houston | Castro & Co.
      • Tax Attorneys in Washington D.C. | Castro & Co.
      • Tax Attorneys in Chicago | Castro & Co.
      • Tax Attorneys in Dallas | Castro & Co.
      • Tax Attorneys in Seattle | Castro & Co.
      • Tax Attorneys in Miami | Castro & Co.
      • Tax Attorneys in New York | Castro & Co.
      • Tax Attorneys in Los Angeles | Castro & Co.
      • Late FBAR Filings: Understanding the Process and Finding Solutions for 2023
      • H1B U.S. Visa Federal Income Tax Guide [2023]
      • Is a Swedish Pension Taxable in the US? [2023]
      • 1099-C Cancellation of Debt: Understanding The Exceptions
      • US-UK Tax Treaty and Its Impact on Foreign Pensions 2023
      • 401(k) Withdrawals for Non-U.S. Citizens [2023]
      • Renouncing US Citizenship and Exit Tax: Debunking Myths and Navigating the Process
      • The Crucial Role of Tax Opinions: A Shield Against Costly Penalties [2023]
      • Ensuring Benefits for US Citizens with UK Pensions: US-UK Income Tax Treaty [2023]
      • A Comprehensive Comparison: IRS Form 8938 vs. FBAR
      • Are UK SSAS Pensions Taxable in the U.S.? | Updated for 2023
      • Preparing a Tax Return with PFIC Information in 2023
      • Due Date for Filing FBAR | A Vital Obligation for U.S. Taxpayers [2023]
      • The Substantial Presence Test
      • Reporting Australian Superannuation Funds on US Tax Returns: A Simplified Guide
    • July
      • How Does a Medicaid Trust Work
      • Irrevocable vs Revocable Trusts
    • June
      • A Guide to IRS Form 14654 for U.S. Persons Residing in the United States
      • A Guide to IRS Form 14653 for U.S. Taxpayers Living Outside the U.S.
      • IRS Disaster Relief Using IRS Form 4684 to Claim a Casualty Loss Deduction
      • Streamlined Filing Compliance Procedures: A Guide for Non-Compliant U.S. Taxpayers
      • Types of Wills
      • Types of Trusts
  • 2022
    • October
      • The PFIC Loophole the IRS Doesn’t Want You to Know About
    • February
      • AiTax is Now Live | Artificial Intelligence in Tax Preparation
  • 2021
    • March
      • Tax Planning for Small Businesses and Self-Employed Individuals. The Enhanced Home-Office Deduction
  • 2020
    • December
      • The Case for Deducting Child Care Expenses
    • July
      • COVID-19 Relief for Entities with Income Not Effectively Connected to U.S. Trade or Business
    • June
      • Section 165(i) Disaster Loss Deduction
      • Section 139 Pandemic Disaster Relief Payments
      • The Flex Act Favorably Modifies the Paycheck Protection Program to Make Loan Forgiveness Easier
      • Tax-Free $100,000 IRA Withdrawal for Coronavirus Pandemic under CARES Act
    • May
      • SBA Issues PPP Loan Forgiveness Application and Instructions
      • Protecting Your Organization Against Paycheck Protection Program Qui Tam Actions
      • Expenses Paid with a Forgiven PPP Loan are Deductible, IRS is Wrong
    • April
      • SBA Paycheck Protection Program Guidance
    • March
      • Congress Passes $2 Trillion CARES Act with Significant Tax and Labor Relief for Businesses and Individuals
      • How to Claim 2020 Recovery Rebate Checks
      • The Legal Definition of a Qualifying Child under Section 24(c)
      • IRS Issues FAQs & Updated Guidance On Extension Of April 15 Tax Deadlines Due To Novel Coronavirus (Covid-19)
      • New IRS Guidance Regarding Certain Tax-Favored Foreign Trusts
      • Draft Regulations for Form 3520
      • Foreign Grantor Trusts Explained
      • Castro Special Report | IRS Release New Rev. Proc. 2020-17 Exemptions to Form 3520 Foreign Trust Reporting
    • February
      • 2020 Country-Specific Country Highlights
      • Domestic Corporations Can Exempt Foreign Profits from US Tax
      • Income Tax Treaties Apply to State Income Tax
      • The Constitutionality of Retroactive Tax Legislation
      • Section 6511 Time Limits on Refunds and Credits
      • 401(k) Contribution Limits, Rules, and Penalties
    • January
      • IRS Relief Procedures for Certain Former Citizens
  • 2019
    • December
      • U.S. Tax Treatment of Canadian Registered Retirement Savings Plans and Registered Retirement Income Funds
      • U.S. Tax Treatment of Nigerian Pension Funds
      • U.S. Tax Treatment of Singaporean Central Provident Funds
      • Understanding U.S. Tax Treatment of Australian Superannuation Funds
      • U.S. Tax Treatment of Hong Kongese Provident Funds
      • U.S. Tax Treatment of Indian Employee Provident Fund Accounts
      • U.S. Tax Treatment of Swedish Premium Pension Individual Retirement Accounts
      • U.S. Tax Treatment of Slovak Old Age Pension Savings Individual Retirement Accounts
      • U.S. Tax Treatment of Russian Social Individual Insurance Accounts
      • U.S. Tax Treatment of Mexican SIEFORE Mandatory Personal Individual Retirement Accounts
      • U.S. Tax Treatment of Latvian Old-Age Pension Individual Accounts for Retirement
      • U.S. Tax Treatment of Kazakhstani Unified Accumulation Pension Fund Accounts
      • U.S. Tax Treatment of Hungarian Individual Account Pensions
      • U.S. Tax Treatment of Estonian Mandatory Individual Accounts
      • U.S. Tax Treatment of Danish ATP Pensions
      • U.S. Tax Treatment of Chinese Mandatory Individual Accounts and Social Insurance Pensions
      • U.S. Tax Treatment of Bulgarian Professional Funds
    • October
      • Step-by-Step Guide to Challenging the Validity of a Treasury Regulation
    • September
      • IRS Finalizes 199A Real Estate Safe Harbor
      • International Estate Planning Guide: The Most Comprehensive Online Guide in the World
    • August
      • Special Education Deduction
    • July
      • The Taxpayer First Act of 2019 | Special Castro Report
      • Retirement Planning for Workers Impacted by the Windfall Elimination Provision
      • Pursuing a Claim of Refund in Federal Court
    • June
      • Castro & Co.'s Public Comments Regarding IRS Notice 2019-07
      • 2019 Inflation Adjustments for Key International Issues
      • The Myth of Downward Attribution
    • February
      • Treaty-Based Synthetic Basis Step-Up Election for Australian Nationals
      • The UK LTA Charge Can Be Claimed as a U.S. Foreign Tax Credit
      • U.S. Roth Accounts are Exempt from UK Tax | QROP Loophole | Hopscotch U.S. Extraction
      • The 2019 Offshore Voluntary Disclosure Program | 2019 OVDP
      • The Treaty Definition of a Permanent Establishment
      • Section 267(b)(1) Related Family Members
      • The Net Investment Income Tax is Eliminated by Totalization Agreements | NIIT Exemption
      • The New Section 163(j) Interest Limits and the Portfolio Interest Exemption
      • NQDC Plans Are Eligible for Treaty Pension Benefits
      • Create Your Own Self-Managed Qualified Opportunity Fund
      • Changing the Form of Payment Under a Section 409A NQDC Plan
    • January
      • Reasonable Cause to Avoid Tax Penalties
      • The Definition of a U.S. Tax Resident - Not As Simple As You Think
      • The Section 199A Qualified Business Income Deduction
      • The Necessity of Tax Opinions
      • Claim a Refund for the Section 965 Tax
      • Pre-Residency Tax Planning with the Check-and-Liquidate Strategy
      • The Art of the Silent Treaty Position
      • The Benefits of Social Security Totalization Agreements
      • VA Aid & Attendance Pension Guide for 2020
      • How to File Your Own Foreign Bank Account Report | File Your Own FBAR
  • 2018
    • December
      • An Overview of Amended Income Tax Returns
      • SE Tax Exemption for Religious Organization Employees
      • Tax Treatment for American Contractors Employed at the Joint Defense Facility at Pine Gap | JDFPG Tax Planning
    • November
      • The Hidden Mortgage Interest Deduction for Australian Mortgage Offset Accounts
    • October
      • New VA Regulations Are Invalid
      • Cancellation of Debt Income
      • Converting to an S Corporation to Reduce Self-Employment Tax
      • The IRS Has Ended the Offshore Voluntary Disclosure Program
    • September
      • ESBT and QSST Elections: How to Qualify Trusts as S Corporation Shareholders
    • August
      • Foreign LLC-Equivalents are Flow-Through by Default
      • Nonresident Individual Income and Transfer Taxation in the United States
      • Lunches with Colleagues Are Deductible as Business Meals
      • Understanding Business Purpose and Schedule C | Hobby v. Business
      • The Legality of Retroactive Treasury Regulations
    • July
      • Pet Trusts
      • Taking Care with S Corporation Trusts
      • Tax Changes Impact on the Life Settlement Industry
      • Late Portability Elections Simplified
      • Non-Working Spouse and a Rental Property Create a Tax Planning Opportunity
      • Nonresident Aliens Can Now Be S Corp Shareholders via an ESBT
    • June
      • Section 119 Employer-Provided Lodging Expenses | The Enhanced Home-Office Deduction
      • Work-Connected Impairment Prevention Expenses
      • Shifting Estate Assets through Health and Education
      • The Biggest Threats to Successful Estate Planning
    • April
      • Taxation of Stock Options: ISOs, NSOs, and Who Knows
    • March
      • Deducting Medical Expenses of Parents and Relatives Not Living With You
      • Foreign Currency to U.S. Dollars Exchange Rates | U.S. Treasury and IRS Published Safe Harbor Exchange Rates
      • Tax-Free Withdrawal of U.S.-Based Retirement Funds by Non-U.S. Citizen Australians
      • Section 965 Deemed Repatriation Tax: Defeated
      • Worldwide List of Per Se Corporations
      • DEPRECIATING FOREIGN RENTAL PROPERTY
    • February
      • U.S. Tax Treatment of UK Pension Distributions
    • January
      • The Cohan Rule in 2018
      • Tax Planning for Cryptocurrencies, Bitcoin Gains & Initial Coin Offerings (ICOs)
      • Carried Interest Remains Intact, New Code Section 1061 is a Farce
      • The New Code Section 83(i) Election
      • Changes & Keynotes Within the Republican Tax Reform Bill
  • 2017
    • December
      • Employee Expenses Incurred for the Benefit of the Company under Arrangement
    • September
      • Pre-Immigration Tax Planning: Three Common Myths
      • Estate of Powell: Valuation Discount Concerns and Other Takeaways
    • August
      • 4 Things You Need to Know About International Estate Planning
    • July
      • What You Need to Know About Foreign Tax Credits
    • June
      • Giving Up Your Green Card? Be Prepared for This Surprise
  • 2016
    • October
      • U.S. Tax Treatment of Australian Superannuation Funds
    • September
      • Claiming an Incarcerated Child as a Dependent
    • June
      • What Brexit Means for Business Tax Implications
      • Statutes of Limitation in Tax Matters Gift Tax Returns
    • May
      • IRS Proposes New Foreign Tax Regulations
      • International Tax Structures & Estonia
    • March
      • How Foreign Investment Into U.S. Real Estate Works
      • UK Changes Treatment of Dual-Resident Companies Which Could Affect U.S. Tax Planning
    • January
      • IRS Gains the Power to Revoke U.S. Passports for Tax Debts
  • 2015
    • September
      • Streamlined Compliance Without an SSN
    • July
      • The Top 5 Myths About Relinquishing Your U.S. Citizenship
      • 14 Ways to Not to be Penalized for IRA Early Withdrawal
      • Foreign Trust Reporting & Compliance
      • Everything You wanted to Know about Taxation of Foreign Trusts
    • June
      • Income Tax Rates by Country
      • How does a U.S. Corporation Utilize Foreign Tax Credits?
    • January
      • The Definition of Willfulness in OVDP and Streamlined Cases
      • Global Tax Enforcement - Another Example of Why You Need a Tax Attorney
      • Fifth Amendment Protection for Your Offshore Bank Records?
      • Switzerland and China Sign New Income Tax Treaty
  • 2014
    • November
      • Tax and Estate Tax Planning with Transfers to Soon-to-Pass Relatives
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