Individual U.S. Tax Services
American citizens and green card holders are taxed on their worldwide income and are legally required to file a U.S. federal tax return regardless of where they reside.
Foreign nationals may also be subject to U.S. taxation and be required to file a U.S. tax return if they have a financial nexus to the U.S., such as investing in U.S. real estate or operating a U.S. business.
Our services include:
Federal & State Tax Return Preparation
We prepare and file federal and state income tax returns and foreign bank account reports (FBAR) for U.S. citizens and green card holders (according to your individual compliance requirements).
Renunciation of U.S. Citizenship & Relinquishment of Green Card
The U.S. may impose an exit tax in connection with the renunciation of U.S. citizenship or upon surrendering a green card. We can advise you upon the expatriation process including providing you with advice to manage the resulting exit tax liability. For individuals seeking to sever immigration ties with the U.S., we can facilitate the submission of necessary forms to the IRS.
Withholding Certificates & FATCA (Foreign Account Tax Compliance Act) Reporting
Financial institutions generally require completion of IRS withholding certificates for companies and persons with a U.S. nexus or U.S. investments. For individuals and businesses wishing to claim reduced withholding tax rates under tax treaties, we can help you to confirm whether you qualify for treaty benefits and to prepare the relevant IRS forms to claim these benefits.
Pension Planning for Individuals Seeking a U.S.-Swiss Solution
Individuals, who move internationally, may have accumulated a pension or retirement account in a second jurisdiction. In such cases, there may be significant opportunities or tax burdens associated with withdrawing retirement benefits from a pension account in a different jurisdiction due to differing tax rules in the account holder's country of residence.
In such cases, we help individuals to coordinate tax rules across jurisdictions, plan for distributions of retirement benefits, and monitor the tax reporting rules for investment accounts in different jurisdictions.
Planning for Relocation to or from the U.S.
If you reside outside the U.S. and you are planning to relocate to the U.S., proactive planning prior to your change in residency can bring about significant savings. Meanwhile, if you are leaving the U.S., your reporting requirements will change and new opportunities for tax savings may become available to you. We can help to prepare you for your change in residency status (e.g., becoming a U.S. person for U.S. tax purposes).
Tax Authority & Audit Representation
We provide you with professional representation in the event your case needs to be discussed directly with U.S. tax authorities. We will prepare a tailored response to an IRS notice of deficiency or represent you during discussions with the IRS.
Streamlined Compliance Procedures
Many U.S. citizens are either delinquent, unaware of a legal obligation to file, or perhaps have filed a U.S. tax return incorrectly, which may give rise to severe penalties. Under the IRS Streamlined Tax Amnesty program, we can assist you in becoming U.S. tax compliant without being subject to the risk of these penalties.