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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 Can I Determine if My Foreign Pension Requires FBAR Filing

When it comes to How Can I Determine if My Foreign Pension Requires FBAR Filing?, foreign workplace

How Does the Pricing for Your Consulting Services Vary Based on the Complexity of My Case in International

International tax CPA consulting pricing scales with case complexity. Edward Parsons, CPA in Doral, FL explains how

Understanding Australian Superannuation for Expats in United States

Learn how the United States taxes Australian superannuation for expats. Edward Parsons CPA explains IRS reporting rules

Massachusetts Sales Tax Nexus for Remote Sellers: The $100,000 Threshold and Marketplace Rules

A remote seller whose Massachusetts sales exceed $100,000 in the current or prior calendar year must register

Massachusetts Resale and Exemption Certificates: ST-4, ST-2, ST-5 and ST-12 Explained

Massachusetts uses Form ST-4 for resale purchases, Form ST-5 with the organization’s ST-2 for exempt organizations, and

What Qualifies for the Massachusetts Tax-Free Weekend: Amazon, Online Orders and Big Tickets

Amazon and other retailers registered to collect Massachusetts sales tax must honor the tax-free weekend, and online

Massachusetts Sales Tax on Clothing: The $175 Rule Explained

Clothing and footwear are exempt from Massachusetts sales tax up to $175 per item. Above that, only

Massachusetts Use Tax: The 6.25% You Owe on Out-of-State and Online Purchases

Massachusetts use tax is 6.25% on taxable items bought out of state or online without Massachusetts sales

Buying a Car in New Hampshire to Avoid Massachusetts Sales Tax: Does It Work?

Buying a car in New Hampshire does not avoid Massachusetts sales tax. New Hampshire charges nothing at

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