There are two different methods the IRS uses when determining if a foreign citizen should be considered a US resident for tax purposes, the substantial presence test and the closer connection test. Find out whether the IRS considers your client a US citizen!
If you paid or accrued foreign taxes to a foreign country on income that was generated from a foreign source and are subject to US tax on the same income, you may be able to take either a credit or an itemized deduction for those taxes. The difference between taking the amount as a deduction or as a credit is rather simple. Find out which can sve you more money...more
As a non-resident alien, your client may entitled to exclude many forms of gross income from his/her tax return. Find out what exclsuions you may qualify for and save tax dollars!
To be eligible to claim the foreign earned income exclusion or the foreign housing exclusion, a client must have a tax home in a foreign country and meet either the residence test or the physical presence test. Find out if yours qualifies!
As a US citizen working abroad, are your client's foreign earnings taxable? Where can a client find local tax assistance when they live in a foreign country? Find the answers to these questions and more...