Global Compliance Specialists
Want to Give Up U.S. Citizenship or a Green Card?
U.S. persons seeking to formally expatriate from the United States have several reporting requirements to contend with, including Form 8854, dual status tax returns, exit tax and covered expatriate status.
Are You A Covered Expatriate with Exit Tax Worries?
When a U.S. Citizen or Long-Term Lawful Permanent Resident wants to give up their U.S. status, there are potential tax implications. The formal process is referred to as Expatriation. Covered Expatriates may be subject to Exit Taxes. Planning may help to reduce or eliminate exit taxes.
About Golding & Golding, APLC
BOARD-CERTIFIED TAX LAW SPECIALIST
Each case is led by a Board-Certified Tax Law Specialist and Support Team from beginning-to-end.
We represent clients nationwide and worldwide in over 80+ different countries with Offshore Compliance.
GLOBAL INDUSTRY RECOGNITION
We have been featured in several US & International publications such as Forbes & The Washington Post.
FLAT-FEE, FULL-SERVICE TAX & LEGAL
Full-service tax preparation, legal representation, follow-up, and examination defense for a flat-fee.
Common Myths about Expats and Expatriation
Expats do not pay us tax
Even if a U.S. person resides full-time overseas, they are still subject to IRS taxes on worldwide income and global account & asset reporting.
exit tax is a wealth tax
The exit tax is not a wealth tax. A person may have to pay an exit tax even if they are not considered ‘high-net-worth.’
expatriation is only for citizens
Several years ago, the US Government expanded the definition of expatriates to include certain Long-Term Residents.
the irs cannot reach overseas
The IRS has entered into FATCA and other agreements with over 100 countries and may deny passports, levy accounts or seek a writ.
Schedule a Confidential Reduced-Fee Initial Consultation with a Board-Certified Tax Attorney Specialist
930 Roosevelt Avenue, Suite 321, Irvine, CA 92620