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If you are “Autonom@” these are the dates you must have noted

If you are “Autonom@” these are the dates you must have noted

  On January 1st, the new contribution system for the self-employed in Spain will come into force. From that moment on, a system of fifteen stretches will be progressively deployed (for 3 years) that determines the contribution bases and quotas based on the net income...

Tax Changes for 2022 will reduce some of the refunds.

Tax Changes for 2022 will reduce some of the refunds.

After another year of tax law changes, there are significant updates for the 2022 season, with the possibility of a smaller refund or bigger bill for many taxpayers, experts say. With many everybody facing reduced tax breaks, it’s important to be proactive...

How to access to “Your Account Online” of the IRS

How to access to “Your Account Online” of the IRS

Welcome to today's webinar, Accessing IRS Online Services: Understanding the Identity Verification Process. We're glad you're joining us today. My name is Veronica Tubman, and I am a Senior Stakeholder Liaison with the Internal Revenue Service. And I have the pleasure...

Cómo acceder a “Your Account Online” del IRS

Cómo acceder a “Your Account Online” del IRS

Bienvenidos y gracias por unirse con nosotros para el webinar de hoy. Acceder a los servicios en línea del IRS: Entender el proceso de verificación de identidad. En esta presentación aprenderá cómo hemos mejorado el acceso a muchos servicios en línea del IRS. También...

HOW TO CONTACT / CÓMO PONERSE EN CONTACTO CON U.S. Tax Consultants

HOW TO CONTACT / CÓMO PONERSE EN CONTACTO CON U.S. Tax Consultants

A continuación en español HOW TO CONTACT U.S. Tax Consultants IMPROVING THE COMMUNICATION WITH OUR CLIENTS  Phone, email, and appointments for online consultations/questions The way we work, where we work, and how we work have fundamentally changed over the past...

IRS Provides Updated Gift Tax Exclusions for 2023

IRS Provides Updated Gift Tax Exclusions for 2023

It may come as a surprise to some that, under the Internal Revenue Code and related authority, gifts are ordinarily taxable. However, the IRS provides an annual exclusion, regularly indexed for inflation, under which gifts of a lesser value need not be reported. In...

Are you FATCA Compliance?

Are you FATCA Compliance?

The Foreign Account Tax Compliance Act was enacted by the Congress in 2010 as part of the Hiring Incentives to Restore Employment (HIRE) Act to combat tax evasion by US persons holding investments in offshore accounts. The United States Treasury Department and the IRS...

Report of Foreign Bank and Financial Accounts (FBAR). What is it?

Report of Foreign Bank and Financial Accounts (FBAR). What is it?

The FBAR. What is it? Per the Bank Secrecy Act, every year you must report certain foreign financial accounts, such as bank accounts, brokerage accounts and mutual funds, to the Treasury Department and keep certain records of those accounts. You report the accounts by...

Digital Nomads in Spain and Portugal

Digital Nomads in Spain and Portugal

SPAIN: Do you want to move to Spain as Digital Nomad? VISA and Tax implications?  The Spanish Government has already approved the draft Law on Startups to attract investment, talent, and innovative entrepreneurship. The bill has two different components: the residence...

IRS increases 401(k), IRA contribution limits for inflation

IRS increases 401(k), IRA contribution limits for inflation

It may be time to up your 401(k) contributions. The IRS is increasing the limit by $2,000 for 2023, the agency announced Friday. Cost of living adjustments will bring the 2023 limit to $22,500 (up from $20,500) for individual contributions to retirement accounts...

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