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PFIC Edge Cases: What Most Form 8621 Calculations Miss

By Edward Parsons, CPA · licensed since 2009 Key takeaways You got this far. You know the fund is a PFIC,

Form 8621 Filing Exceptions: Every One, and Where Each Stops

By Edward Parsons, CPA · licensed since 2009 Key takeaways You got this far. You know your fund is a PFIC,

Fund Mergers, Splits and Spin-Offs: PFIC Events That Don’t Look Like Sales

By Edward Parsons, CPA · licensed since 2009 Key takeaways You got this far. You know the fund is a PFIC,

Wash Sales and PFIC Shares: The Loss and Holding Period That Move

By Edward Parsons, CPA · licensed since 2009 Key takeaways You got this far. You know the fund is a PFIC.

PFIC Currency Translation: Spot Rates, Fund-Currency Math and Pence

By Edward Parsons, CPA · licensed since 2009 Key takeaways You got this far. You know your fund is a PFIC.

PFIC Losses: Why a Loss on One Block Doesn’t Offset a Gain on Another

By Edward Parsons, CPA · licensed since 2009 Key takeaways You got this far. You know your fund is a PFIC.

The PFIC Interest Charge: Daily Allocation, Top Rates, Daily Compounding

By Edward Parsons, CPA · licensed since 2009 Key takeaways You got this far. You know the fund is a PFIC,

The PFIC 125% Test, Block by Block

By Edward Parsons, CPA · licensed since 2009 Key takeaways You got this far. You know the fund is a PFIC

ISIN, Listing or Charter: What Makes a Fund Foreign for PFIC Purposes

By Edward Parsons, CPA · licensed since 2009 Key takeaways You got this far, so I’ll skip the basics. You know

PFIC Lot Tracking: Why Every Purchase Is Its Own Calculation

By Edward Parsons, CPA · licensed since 2009 Key takeaways You got this far. You know the fund is a PFIC.

Tainted and Clean PFIC Lots: One Fund, Two Tax Treatments

By Edward Parsons, CPA · licensed since 2009 Key takeaways You got this far. You know your fund is a PFIC,

The PFIC Start-Up Exception: When a New Fund’s First Year Doesn’t Count

By Edward Parsons, CPA · licensed since 2009 Key takeaways You got this far, so I’ll skip the basics. You know

Which Tax Software Supports Form 8621? The DIY Programs Compared

By Edward Parsons, CPA · licensed since 2009 Key takeaways People ask me which tax software to use for Form 8621,

Expat Tax Software and Form 8621: Expatfile, MyExpatTaxes and H&R Block Expat

By Edward Parsons, CPA · licensed since 2009 Key takeaways Living abroad changes which funds you can buy. The bank down

Cash App Taxes and Form 8621: Why “Small” Doesn’t Mean Simple

By Edward Parsons, CPA · licensed since 2009 Key takeaways Free tax software is built for straightforward returns, and most of

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810 Refund Freeze: Why the IRS Is Holding Your Refund and How to Get It Released

Code 810 on an IRS account transcript is a full refund freeze. The IRS has stopped your

IRS Transcript Codes 150, 570, 766, 810, 971, 846: What Each One Actually Means for Your Refund

IRS transcript codes are three digit transaction markers that show where your refund stands. Code 150 confirms

Streamlined Filing Advantages for Taxpayers With Complex Returns

Maximizing efficiency in complex tax returns is crucial. Learn streamlined filing methods to simplify your tax process,

Why Professional Tax Compliance Matters

Tax compliance and planning services for businesses. This guide covers strategic tax approaches to minimize liability and

Streamlined Filing Benefits Without Appeal: What Taxpayers Need to Know

Maximize tax efficiency with No Appeal Streamlined Filing. This guide reveals advantages designed for savvy taxpayers seeking

Filed FBAR But Not Reported Income: How to Correct Unreported Foreign Income

Learn how to report unreported foreign income on FBAR returns effectively. Stay compliant and safeguard your financial

Australian Family Trust US Tax Reporting & IRS Form 3520 Requirements

Navigating IRS Form 3520 can be complex. Australian family trusts must report correctly to avoid penalties. Understand

How IRS Filing Compliance Protects You From Penalties

Learn how IRS streamlined filing compliance procedures protect you from penalties and legal trouble. This guide helps

Australian Pty Ltd US Tax Guide: Compliance for Dual Citizens & Expats

This guide helps Australian Pty Ltd navigate US tax challenges effectively. Learn strategies to tackle common problems
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