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Don D. Nelson
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US Expatriate, International and Nonresident Tax Attorney, Kauffman Nelson LLP, CPAs
US Expatriate, International and Nonresident Tax Attorney, Kauffman Nelson LLP, CPAs

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SMART TAX MOVES TO MAKE NOW -NEW TAX LAWS CHANGES RULES FOR 2018
The new 2018 tax rules have changed some of the rules for year end tax planning.  Some of these rules might apply to expatriates and nonresidents.  The foreign earned income exclusion and foreign tax credit rules do remain the same as the past.  However if ...
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Some states still tax inhertances...You may need to move.
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2018 GILTI Tax On Owners of Controlled Foreign Corporations
For 2018 and beyond if you own 10% or more of a Controlled Foreign Corporaton (More than 50% owned by US taxpayers) you must pay a GILTI tax (that is the real nickname of this tax) on part of the corporations net income even though it is not distributed to ...
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The tax rules have changed significantly for 2018.  You no longer get a dependents deduction for yourself, your spouse or your children or other dependents. You do get a larger standard deduction though which may offset the loss of the dependents deduction....
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Better Pay your Mexico Taxes on Your Mexico Rental Property or Else
The Facts: Bill and his wife Sarah rent out their  condominium in San Jose Del Cabo for 5-6 months out of the year on a weekly or monthly basis to tourists.  They never paid any Mexico rental taxes. Their neighbors have told them not to worry, since no one ...
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