...

Blog Posts

Search

Category
Sub category

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

Pick Your Category

Behind on Florida Sales Tax? Voluntary Disclosure Before DOR Finds You

Florida’s voluntary disclosure program lets a business that owes back sales tax come forward before the Department

Filing Florida Form DR-15: Deadlines, Penalties, and Common Errors

Florida’s Form DR-15, the sales and use tax return, is due on the 20th of the month

Florida Resale and Exemption Certificates: Rules That Trip Up Sellers

A resale or exemption certificate lets a buyer purchase tax-free, but in Florida the burden of proof

Florida Sales Tax Registration and the Resale Certificate (Form DR-1)

The short answerAny business that makes taxable sales in Florida must register as a sales and use

Florida Use Tax: The Tax Most Businesses Forget to Pay

Florida use tax is a 6% tax, plus your county’s discretionary surtax, on taxable goods you use,

Economic Nexus in Florida: When Out-of-State Sellers Must Collect?

Florida requires out-of-state sellers to collect sales tax once their taxable sales into Florida exceed $100,000 in

Florida Sales and Use Tax: The Complete Guide for Businesses

Florida’s state sales tax is 6%, plus a county discretionary surtax that pushes the combined rate to

U.S. CPA in Bali and Canggu for Americans and Nomads

If you are an American living in Bali, whether in Canggu, Seminyak, or Ubud, two things drive

U.S. CPA in Tbilisi for Americans and Nomads

Tbilisi, along with Batumi on the coast, has become one of the easiest places in the world

Yes, I can Meet In …
I am Available to Represent You in …