Tax Forms
How to Report Transactions With Foreign Trusts and Certain Foreign Gifts Using Form 3250
Trust is a two-way street, unless the IRS defines it with trust grantor rules in the US tax code. Form 3520 is for reporting transactions…
The 411 on Form 2441, Claiming the Child and Dependent Care Credit
Want to write summer camp off your taxes? Get the tax ID number on that ropes course! If you have a child in kindergarten or…
How to Expats Should Use Form 2555 to Exclude Foreign Income on Tax Returns
The official way expats say, "Hey, Uncle Sam, gimme a break." Managing your expat taxes can be tricky, but Form 2555 is one of your…
Form 3520-A: Your Foreign Trust’s Reporting Requirements with the Internal Revenue Service
If your foreign trust sends money to a U.S. citizen. here's how you let the IRS know. Form 3520-A is an important tax form that…
Form 4361 Allows Ministers to Opt out of Social Security and Medicare
Huh, I never thought about how social security gets in the way of a vow of poverty. As a minister, religious office holder, or a…
Reporting Additional Taxes on Qualified Plans With US Tax Form 5329
Break the rules on your 401k? This form is how you tell the IRS "I'll pay the penalty but I'm not trying to break the…
U.S. Tax Form 56 and Fiduciary Relationship Concerns: Does This Matter Concern You?
A tax form with just two numbers? Not a cause for concern. U.S. Tax Form 56, also known as Notice Concerning Fiduciary Relationship, is a…
Instructions for IRS Form 5472: Forms that Accompany the Information Return of a Foreign-Owned U.S. Corporation
The Oscar for longest tax form name goes to ... If you are a foreign-owned U.S. corporation, it is important to understand the reporting requirements…
