Legal Blog

Your guide to understand the Corporate Transparency Act and the BOIR Filing Obligations...

Whether you’re looking to relocate your business, grow your investments, or enjoy significant tax savings as a resident Act 60 offers a range of tax benefits for you...

The Foreign Housing Exclusion allows US expats to exclude certain housing expenses paid for with foreign-earned income...

From Acts 20 and 22 to Act 60: What You Need to Know About Puerto Rico's Updated Tax Incentives..

Learn all about the special program designed for U.S. persons residing abroad who have failed to file their US taxes...

These are some of the strategies you can use, while living abroad, to contribute to this account effectively...

Do you have to file an FBAR? I breakdown the requirements here for you...

These changes can have a significant impact on your financial strategies, presenting both challenges and opportunities...

Here are the key points to understand about the Child Tax Credit....

This method allows American Expats to exclude more than $100,000 of income from being taxed in the US

Guidance for U.S. expatriates and how they can use the FEIE method to reduce their student loan payments and ease their financial burden while living abroad.

Are 529 contributions tax-deductible, and how do the rules apply to U.S. expats?...

Step-by-step guide to help you become compliant with U.S. tax laws and gain peace of mind regarding your tax obligations...

Filing taxes as an expat can be specially complex, and if you miss the deadline, it can lead to various unique and hefty consequences, but you have options...

A breakdown of the minimum thresholds for filing taxes while you are working abroad

This form is used to report transactions with foreign trusts and the receipt of substantial foreign gifts or inheritances...

Discover the lucrative tax incentives Puerto Rico has to offer in 2023, including a 4% corporate tax rate, 100% exemptions on dividends and capital gains, and more

Puerto Rico Law 22 is a tax incentive for business owners and individual investors...

A qualified joint venture is a specific type of business arrangement...

In this post, we'll explore the new tax benefits available in Puerto Rico, including tax incentives for individuals and businesses, as well as the requirements for taking advantage of these incentives.

A comprehensive list of Visa-Issuing Countries for Digital Nomads...

This new legal provision allows non-Puerto Rico-based companies to employ workers even if or when they work remotely from Puerto Rico...

While it is separate from the US IRA system, Puerto Rico has its own IRA system that offers both standard and Roth plans...

Understand the ways in which businesses that are now contemplating a transfer to Puerto Rico might profit and benefit from doing so...

There are seven income tax brackets at the federal level. What are they, how do they work, and how do they affect you...

The new year is here and with it come many easy legal things you can do to pay less in taxes...

Spain intends to issue its Digital Nomad visa to foreign remote workers in January 2023...

US citizens residing abroad have the exact same right to vote in federal elections as US citizens living within the nation...

Pros and Cons that you can use as a guide to know whether an LLC is the right business entity for you.

Here I explain what a gross income means and how it relates to taxes

Learn more about the requirements of becoming a bonafide resident of Puerto Rico and how to satisfy the residency tests

My tax tips for those of you that are your own boss!

Puerto Rico tax benefits and more: Brief overview of appealing tax incentives and a description of some of the beautiful cultural traditions of Puerto Rico

Learn what an Opportunity Zone is, how to get the most out of your capital profits, and what type of investment activities are eligible

Look into what an S corporation is and how to qualify for the status

Millions of American families have received monthly advance Child Tax Credit payments...

Answering all your questions about the US Citizenship Renunciation process, including exit tax, and how to stop being subject to US taxation from abroad...

A guide on how Puerto Rico honors Roth IRA tax free withdrawals...

A self-employed expat or digital nomad will basically be subject to two forms of US taxation...

U.S. citizens and residents who own foreign companies: You must know about this form and understand its requirements

What are the main differences between Gross Income and Net Income

In this short blog post I explain to you what is Adjusted Gross Income (AGI)...

Follow these tips to make things a little easier for your tax return as an expat...

The Foreign Tax Credit is the primary provision that allows US citizens living abroad to avoid double taxation...

Learn about gross income and how it works...

Investments in virtual currencies have become more popular, and now investors are dealing with the tax compliance aspects of this new type of investment...

The most relevant tax considerations of a temporary or permanent transition to remote work from Puerto Rico...

Learn the Top 5 Strategies Successful People Use to Pay Less Taxes

Understand how the Foreign Earned Income Exclusion might be a beneficial option for you as a U.S. expats who has student loans...

The Foreign Account Tax Compliance Act (FATCA) forms an essential part of the U.S. efforts to combat tax evasion by U.S. persons ...

Will I be taxed on the money or asset I receive as a gift? Will I be taxed for giving money or assets?

Why and when should you file your tax return once the deadline has passed...

If you sent the IRS your bank information using the Non-Filers: Enter Payment Info Here and now need to file a 2019 tax return, you must amend your submission.

On this post you will get answers to the most asked questions about the stimulus payments to understand if you will receive or should have received any of these payments, guide you on what you should do to receive the funding you are eligible for.

This blog post will help you understand if you will receive or should have received any of the stimulus payments, and provide guidance on what you should do to receive the payments you are eligible for.

Get to know everything about your eligibility to receive the Stimulus Checks based on your Immigration status in the U.S.

Things can get a bit more complicated when both you and your partner have similar roles on your dependent's life and support and you're not filing a joint return as a married couple... Learn your options!

The IRS said that it has issued all Economic Impact Payments for now, so if you were eligible but missed out on getting your payments: Read this post to know what you should do to claim them...

Quickly learn through this post what are the tax filing thresholds for the 2020 tax year, and check whether you have to file U.S. taxes based on your worldwide income and filing status...

How can you speak with a live person at the IRS? In this blog post I share 5 easy ways to get in contact with the IRS

This is a late start to the tax season, and with stimulus payments that still need to be issued, and 2019 returns not yet processed, I want you to be ready to get bigger and quicker tax refunds this season...

Donations are oftentimes tax deductible and I want to explain to you briefly how you can get the most taxes benefits for the donations you make...

Here's a list of the key provisions of the new stimulus package...

Congressional leaders on Sunday reached a deal on a $900 billion COVID-19 economic relief package. Here’s everything you need to know...

If you're an American living oversees, you need to comply with these simple requirements to get your stimulus payment...

If you have made the decision to travel for the holidays make sure you follow these tips and prepare to travel legally covered...

As an American living abroad, there may be more forms to file and more dates to remember than your tax teturn due date. To make sure you're right on track with your tax filing duties, be sure to add these US expat tax deadlines to your calendar every year!

Non-U.S. citizens who don’t qualify for a SSN, can use an Individual Taxpayer Identification Number (ITIN) to file their tax returns...

The amount of your standard deduction is based on three main factors...

Not all taxpayers qualify for the standard deduction...

In order to deduct the amount of income that will be subject to U.S. taxes, you are allowed to select one of two types of deductions...

If you don't live in the United States, why do you have to file taxes there? There are two main reasons...

When filing your U.S. taxes, you may be asking yourself: If my spouse doesn't have a Social Security Number, what should we do?...

If any of these situations sound like yours, it is best to immediately contact a tax attorney...

Some countries around the world are starting to welcome tourists back, Americans included...

The member states of the European Union had drafted two lists: one for the countries that will be allowed to enter, and one for those that will not be allowed to enter...

The Trump Administration is attempting to reform the immigration system to what they have called a Merit- Based Immigration System...

Some local Citizenship and Immigration Service (USCIS) offices have reopened and restored some services to the public...

In September 2017 President Trump announced that under his administration he would terminate DACA, leaving something close to a million recipients of the program unprotected and vulnerable under the law...

The I-20 Form is a mandatory document when applying for the F-1 and M-1 visas...

All you need to know about the immigration and travel restrictions that have been imposed due to Covid-19 in the United States and your solutions to avoid accumulating illegal presence...

United States' borders with Mexico and Canada will remain closed until further notice for non-essential travel...

5 things you probably didn't know about immigration in the United States...

The method you will be able to use to extend your stay, will depend...

Foreign citizens are not allowed to study for credit in the United States without a valid student visa, for this purpose it is important that you acquire the right student visa before you do anything else...

According to the experts, there are three main reasons for the country’s low fatality rate...

If you're the holder of an EU Blue Card that will soon expire, this is what you can do...

In a major way, the stability of society and our economy depends on the functionality of the legal system. It is for this reason that it is imperative for the legal system to innovate...

What if Artificial Intelligence replaces human labor and actually improves our quality of life?...

Even in a Pandemic crisis like this one, a helping hand can be extended (just not quite literally) and there’s more than one way in which you can help yourself by helping others...

If you're a foreigner with a residence permit currently out of Germany and cannot return within the six month period because of the travel restrictions, you have options...

Do you have a legal driven mindset and are interested in following the path to become a lawyer in the United States? These are the steps you must take...

Regardless of the situation you find yourself in right now, you may have a legal solution to extend your permit and stay legally in Germany...