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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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How Long Does a Federal Tax Lien Last? CSED, Refiling, and Expiration.

A federal tax lien generally lasts 10 years from the date the IRS assesses your tax liability,

Federal Tax Lien Subordination and Discharge: Selling or Refinancing With a Lien

A federal tax lien subordination allows another creditor (typically a mortgage lender) to move ahead of the

IRS Form 12277: How to Request a Federal Tax Lien Withdrawal

IRS Form 12277, officially titled “Application for Withdrawal of Filed Form 668(Y),” is the form you use

Does a Federal Tax Lien Affect Your Credit Score?

A federal tax lien no longer appears on your credit report. In April 2018, the three major

Can the IRS Put a Lien on Your House, Bank Account, or Business?

Yes. A federal tax lien attaches to your home, bank accounts, business assets, vehicles, investments, and any

What Is a Federal Tax Lien and Why Did the IRS File One Against You?

A federal tax lien is the government’s legal claim against your property when you fail to pay

IRS Tax Resolution Services in Belgium: What Americans Abroad Must Know in 2026

If you are a U.S. citizen or green card holder living in Belgium, the IRS still requires

IRS Tax Resolution Services for Americans in Brazil

If you’re a U.S. citizen living in São Paulo, Rio de Janeiro, or anywhere in Brazil, you

IRS Tax Resolution Services for Americans Living in Australia

Americans living in Australia are still required to file US tax returns every year, regardless of where

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