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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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FBAR vs Form 8938: Key Differences in Foreign Account Reporting

Understand the key differences between FBAR and Form 8938 with this comprehensive guide. Learn foreign reporting requirements

Never Filed FBAR: Delinquent Submission Procedures and Penalty Relief

Understanding FBAR filing is crucial for compliance. Learn how to navigate delinquent submission procedures and avoid penalties

FATCA Compliance Requirements for U.S. Taxpayers Explained

Taxpayers must understand FATCA compliance obligations to avoid penalties. Learn key requirements and responsibilities for successful adherence

Streamlined Filing Procedure Insights for U.S. Expats

Navigating U.S. expatriate filing procedures can be complex. Clear guidance simplifies tax obligations and ensures compliance. Get

IRS Streamlined Filing: Options for Delinquent Returns

Explore IRS streamlined procedures vs. late filing options for delinquent tax returns. This guide helps you understand

International Tax Compliance Services for U.S. Taxpayers

Stay informed on FBAR and FATCA compliance with international tax services. Ensure adherence to regulations and safeguard

FBAR Filing Obligations for US Citizens Abroad in United States

Learn FBAR filing requirements for US citizens living abroad. This guide explains deadlines, thresholds, and penalties in

Common Tax Miscalculations in Florida

Avoid costly Florida use tax mistakes. This guide explains common miscalculations and how to file correctly in

The Cost of Skipping IRS Streamlined Procedures

Discover the consequences of forgoing IRS Streamlined Procedures for expats. This guide explains penalties and compliance risks
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