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The IRS Warns Taxpayers About Increasing Texting Scams
Text messages themed like IRS announcements are on the rise according to the Internal Revenue Service. Thousands of scammers have already attacked taxpayers in 2022 through MMS and SMS text messages. Scamming through text messages is known as Smishing. Many smishing campaigns are often masked as Covid relief announcements, help establishing an IRS account, or…
Navigating Dual Tax Residency in 2024
For expatriates and cross-border workers, managing tax obligations can be particularly challenging, especially when dealing with dual tax residency. Being considered a tax resident in two countries simultaneously can lead to confusion and potentially double taxation. Understanding how to navigate dual tax residency is essential for financial peace of mind. What Is Dual Tax Residency?…
Taxpayer Penalty Relief for Certain 2019 and 2020 Returns
Taxpayers experienced significant challenges during the COVID-19 pandemic. Because of this, the IRS issued Notice 2022-36. This issue includes relief of penalties to select people and businesses who filed late 2019 and/or 2020 returns. Expatriate Tax Returns has helpful information to keep you off the tax hook. Contact us today to see if you qualify…
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