General Tax Guides & News

An overview category for anyone new to U.S. taxes or looking for the big picture. It covers filing status, worldwide income reporting, estimated tax, catching up on unfiled returns, tax software, and how to choose a tax preparer, along with other topics that span several areas. Good places to start: how your filing status affects your tax, resolving unfiled returns voluntarily, and choosing a tax preparer: EA vs. CPA.

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Owning a Japanese Corporation and Form 5471 / GILTI (CFC Rules): U.S. Resident Filing Obligations for Japanese ‘Micro-Corporations’ or Family-Owned Businesses. The Fear of Corporate Profits Being Included as Individual U.S. Income Due to CFC Rules and GILTI Tax Regime.

Owning a Japanese Corporation and Form 5471 / GILTI (CFC Rules): U.S. Resident Filing Obligations for Japanese ‘Micro-Corporations’ or Family-Owned Businesses. The Fear of Corporate Profits Being Included as Individual U.S. Income Due to CFC Rules and GILTI Tax Regime. Read More »