Foreign Income Taxes
George R. Baxendale CPA, Inc. assists clients who are, or have been, employed by foreign employers in foreign countries. Our team of professionals can help you comply with the foreign income reporting rules and determine any foreign tax credits or exclusions that may be available to you to offset US income taxes.
Foreign Employment & Income Tax
When it comes to foreign income tax, understanding the intricacies of the tax laws can be challenging. Our experienced CPAs stay up to date with the latest regulations, ensuring that you maximize your tax savings while remaining compliant with IRS requirements. We will help you navigate the complexities of foreign income tax credits, foreign tax treaties, and reporting foreign assets, ensuring that you take advantage of all available deductions and exemptions.
Foreign earned income can introduce additional complexities to your tax situation. As a certified public accountant specializing in foreign employment, we understand the nuances of determining what constitutes foreign earned income and how it impacts your tax obligations. Our team will work closely with you to analyze your specific circumstances, such as the Foreign Earned Income Exclusion and the Foreign Housing Exclusion, to minimize your tax liability while optimizing your financial situation.
Navigating the IRS foreign income regulations can be daunting, but you don’t have to do it alone. At George R. Baxendale CPA, Inc., we have the knowledge and expertise to guide you through the process. Our CPAs are well-versed in the reporting requirements for foreign bank accounts, foreign trusts, and foreign investments, ensuring that you comply with all necessary disclosures and avoid costly penalties.
George R. Baxendale, CPA
Contact Us
George R. Baxendale CPA, Inc. provides tax, business, and risk advisory services for start-ups and established businesses, as well as for individuals. We believe that the services we offer will help you achieve a broad range of your financial and business goals.
183 State Street, 2nd Floor, Boston, MA 02109
M-F: 9am-5pm, S-S: Closed
Tags: foreign income tax foreign earned income irs foreign income