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In the 21st century, we find ourselves in an increasingly global environment where cross-border transactions are both frequent and commonplace. Thus, people who conduct business around the world find that the international framework in which they operate presents some very unique issues in terms of how and where their income is taxed.
The international arena of our auditing and consulting practice represents a significant portion of the services we offer clients. It was only natural that we would further specialize in the area of taxation of Americans living abroad and tax compliance issues affecting non-U.S. citizens in the United States.
If you are among this group, you have very likely encountered some of the following issues:
- Foreign-earned income exclusion
- Foreign tax credit
- Bona fide residence test
- Foreign housing exclusion or deduction
- Physical presence test
- Impact of tax treaties and visa status on taxability of U.S.-source income
- Moves between foreign countries
- Preparation of Forms 1040NR and 1042S
- State filing requirements
Our tax specialists deal with these situations on a regular basis, preparing returns—both current and prior year, national and local—monitoring changes in regulations, representing taxpayers before the IRS and analyzing treaty arrangements.
Our expatriate tax practice includes individuals working not only for nonprofit organizations but also for international businesses, the U.S. government or themselves.
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4550 Montgomery Avenue • Suite 650 North • Bethesda, Maryland 20814
P: 301.951.9090 • F: 301.951.3570
© 2006 Gelman, Rosenberg & Freedman. All rights reserved.
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