Arlington Heights, IL
Tax Lawyer at Arlington Heights, IL
Practice Areas: Tax, Estate Planning ... +5 more
In most cases you can use a U.S. address and still claim the foreign earned income tax credit on a 1040.
Contact a tax lawyer, it is a possibility that this is not the best strategy for allocation and expense purposes.
A tax lawyer should be able to assist you. There are many steps to take in a situation like this to minimize your tax burden.
Have you received a notice from the IRS?
However, you may owe gift taxes here in the U.S.
Our firm has numerous tax attorneys who are also CPAs with over twenty years experience representing taxpayers against the IRS and IDOR.
I agree with my colleagues and would like to add there are mitigating factors that could reduce your liability. Such things as a new tenant leasing...
I agree with my colleagues and would like to add there are mitigating factors that could reduce your liability. Such things as a new tenant leasing...
A tax lawyer may be able to review to determine such things as basis, purchase dates, prior or current year NOL etc. to reduce tax and interest...
In some cases early IRA distributions can be taken without a tax penalty for such things as health-care costs. It may worth it to have a tax lawyer...