Tax Article Blog

Tax Samaritan’s tax resources pages are the source for the information you need, from tax tips and relevant articles in our blog to tax tools, such as tracking your tax refund and to filing requirements. If you’re dealing with a new life event this year, like a new child, read on in this area to learn more about how this changes your tax situation.

Please feel free to contact your Tax Samaritan tax professional for answers to your specific tax situation.

ITIN

ITIN – What You Need To Know About The Individual Taxpayer Identification Number

February 22, 2017 - Randall Brody

About The ITIN – Individual Taxpayer Identification Number If you earn money in the United States, whether you are a resident or immigrant (non-resident), documented or undocumented, you will have to file taxes. If you cannot obtain a social security number, then you will need to obtain an Individual Tax Identification Number, also known as … Continue reading ITIN – What You Need To Know About The Individual Taxpayer Identification Number

Ireland Expat Tax

Ireland Expat Tax

February 9, 2017 - Randall Brody

Guide To Ireland Expat Tax Advice The Tax Samaritan country guide to Ireland Expat Tax advice is intended to provide a general review of the tax environment of Ireland and how that will impact your U.S. expatriate tax return as a U.S. Expat in Ireland. As a U.S. taxpayer, all worldwide income is subject to … Continue reading Ireland Expat Tax

Court Authorizes Service of John Doe Summons Seeking the Identities of U.S. Taxpayers Who Have Used Debit Cards in Furtherance of Tax Evasion

January 29, 2017 - Randall Brody

Today a federal court in Montana unsealed an order authorizing the Internal Revenue Service (IRS) to serve a John Doe summons on Michael Behr of Bozeman, Montana, seeking information about U.S. taxpayers who may hold offshore accounts established by Sovereign Management & Legal LTD (SML), a Panamanian entity. Specifically, the IRS is seeking records of … Continue reading Court Authorizes Service of John Doe Summons Seeking the Identities of U.S. Taxpayers Who Have Used Debit Cards in Furtherance of Tax Evasion

New FBAR Due Date

December 20, 2016 - Randall Brody

The new annual due date for filing Reports of Foreign Bank and Financial Accounts (FBAR) for foreign financial accounts is April 15. This date change was mandated by the Surface Transportation and Veterans Health Care Choice Improvement Act of 2015, Public Law 114-41 (the Act). Specifically, section 2006(b)(11) of the Act changes the FBAR due … Continue reading New FBAR Due Date

Form 1040-NR

What is the Form 1040-NR?

December 5, 2016 - Randall Brody

The Form 1040-NR – Filing A Non Resident Alien Tax Return The Form 1040-NR is also known as the U.S. Nonresident Alien Income Tax Return and is the tax form you prepare and file if you are a nonresident of the United States. The American tax code is one of the most complicated series of … Continue reading What is the Form 1040-NR?

non-resident tax return

Filing a Non-Resident Tax Return

November 28, 2016 - Randall Brody

Two Types Of Non-Resident Tax Return Filing a non-resident tax return generally means one of two things: filing a non-resident state return and/or filing a non-resident alien return. A non-resident state return is for those who are not residents of the state but have income from a state that has an income tax and have … Continue reading Filing a Non-Resident Tax Return

IRS Form 1042-S

What Is The IRS Form 1042-S?

November 22, 2016 - Randall Brody

IRS Form 1042-S American tax laws are hard enough for Americans to understand. It can be much more difficult when you add a person who has income in the United States, but is not a resident, nor a US citizen and received an IRS Form 1042-S reporting US-source income. For folks with US source income, … Continue reading What Is The IRS Form 1042-S?