H&CO

10 min read

Foreign Tax Credit: A Comprehensive Guide

The Foreign Tax Credit (FTC) is a nonrefundable tax credit available to U.S. taxpayers who pay income taxes to a foreign government on income that is also subject to U.S. federal income tax. The purpose of the FTC is to alleviate double taxation of...

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10 min read

US Estate and Gift Tax Planning for Foreign Assets

Estate and gift tax planning for foreign assets is essential for individuals with global investments. Understanding the complexities of US estate...

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Entity Section for Foreign Expansion & Investments

13 min read

Entity Selection for Foreign Expansion & Investments

Expanding into international markets is a significant strategic move, not just a legal formality. Foreign direct investment plays a crucial role in...

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14 min read

US Tax Preparation for Americans Investing Abroad & US Businesses Operating Overseas

Navigating US tax preparation for Americans who invest internationally, have overseas investments, and US businesses operating internationally can be...

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2 min read

Americans Living and Working Abroad: Last Call from the IRS

The Internal Revenue Service (IRS) reminds U.S. taxpayers who live and work outside the United States to file their 2023 federal tax return no later...

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Photos of the actual 1040 form

4 min read

Schedule C Form 1040: A Complete 2025 Guide for Self-employed

Last updated May 5, 2025.

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4 min read

U.S Withholding Tax Return for Certain Dispositions by Foreign persons

Form 8288 is the go-to document for reporting and remitting withheld amounts from specific transactions and distributions governed by sections 1445...

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An US citizen transferring his property to a foreign corporation

3 min read

Form 926 - U.S. Persons Transferring Property to Foreign Corporations

Form 926 must be filed by U.S. citizens or green card holders transferring property to a foreign corporation. This is a measure by the IRS to ensure...

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2 min read

3 Reasons to Take Care of Your Late Filing Today

The Tax Day countdown for this tax year has ended, yet some taxpayers haven't completed their IRS Form 1040. You might be worried about missing the...

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