Kauffman Nelson LLP

Don D. Nelson is an Attorney at Law and retired Certified Public Accountant with 37 years experience in U.S. expatriate, international and nonresident taxation. He can offer you "attorney client privilege" to protect your sensitive and confidential information. Accountants, CPAs and enrolled agents cannot provide you with that important legal protection. He is a partner in Kauffman Nelson LLP, Certified Public Accountants which practices exclusively in International and Expatriate Taxation. He has assisted over 1,000 clients with their US expatriate and International tax matters and prepared many thousands of expatriate and international tax returns.

Website: http://www.expatattorneycpa.com/
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Kauffman Nelson LLP Blogs

U.S. Income Tax for Expatriates, Nonresidents & U.S. International Tax Matters

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Don D. Nelson
Emily MacLoud

Latest from Kauffman Nelson LLP

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 If you have specific expat, international or nonresident, tax questions on your personal situation and need to discuss it with an US expatriate international tax expert, with the protection of  Attorney-Client privilege, you can request a “Mini Consultation.”   The fee is  $300 US for up to 30 minutes of Mr. Nelson’s professional legal tax advice over the phone, skype, zoom or email.  We are virtual and no need to visit our office.  If  you send us an outline…
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  2021 Adjustments to Tax Brackets and Deductions The IRS recently released a list of federal income tax adjustments for 2021. The most important changes include higher standard deductions and higher income limits for common tax rates. Standard Deduction Increases The standard deduction for individual … Tax Tip: Tracking Income and Expenses for “Gig” Work With working from home becoming more common in 2020 & 2021, many people are taking on freelance or “gig” work…
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If you are a US Citizen or green card holder you must file a US tax return every year unless your taxable income is below a certain threshold. Even if your income is below that threshold, you may still be required to file certain forms to report foreign assets, etc. Failure to file these forms can result in severe IRS penalties. If you do not itemize your health, tax, interest, charitable and miscellaneous deductions you…
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 SPECIFIC ITEMS FOR US EXPATRIATES Foreign Earned Income Exclusion – 2020 ‐ $107,600    Gift Tax Annual Exclusion to non‐citizen spouse ‐ $157,000    Foreign housing base amount (amount of foreign housing not deductible) ‐ $17,216    Reportable gift threshold from foreign partnership or corporation for reporting on Form 3520 ‐ $16,649    Foreign housing expense (rent and utility) cap ‐ $32,280 unless you are in a high‐cost housing location as defined by IRS. To…
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 Though the following article from the TAX ADVISORY was written for accounts, if you invest in crypto currencies it is a excellent template for planning your crypto transactions. The IRS is currently working hard on getting on top of all crypto transactions which are required to be reported on your US tax return. For 2020 they will have a yes or no question asking if you own crypto currency.  They can later your answer against…
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by Linda Jones Neil, Director, the settlement company® Internet, blog sites, expat groups and Mexican newspapers are full of information and misinformation about foreigners who are renting their homes or condominiums and failing to pay Mexican taxes.  Not only is this a violation of Mexican tax law with severe penalties if discovered, but also it violates the terms of most bank trusts (fideicomisos) and could result in cancellation of the trusts. FOREIGNERS ARE OBLIGATED TO…
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 Read the 25 facts from LEX here   Need help filing your FBAR form to report foreign bank and financial accounts or need to catch up and avoid the $10,000 per year for not filing, then contact us. We are attorneys and CPAs with over 20 years practice in International and Expatriate Taxes. Email us at: ddnelson@gmail.com or go to www.taxmeless.com …
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General Rules A U.S. person includes a citizen of the United States, a domestic partnership, a domestic corporation, any estate other than a foreign estate, any trust if a U.S. person exercises primary supervision over the administration of the trust or if one or more U.S. persons have the authority to control all substantial decisions of the trust, and any person that is not a foreign person. Tax consequences can apply to U.S. persons who…