Missing the Happy in Your Holidays? – Dual Citizen Responsibilities Got You Feeling like the Grinch Who Stole Christmas?

Pur­chase ($9.95)On Decem­ber 17, 2018 at 12:00pm (East­ern Time), join us for a free webi­nar with U.S. tax attor­ney Alex­ey Man­a­suev, LL.M. (Int’l Tax), NYU, TEP, and U.S. tax accoun­tant Bran­don Vucen, CPA, CA, CPA (IL), MST, who will dis­cuss the deci­sion-mak­ing process regard­ing renounc­ing your U.S. cit­i­zen­ship. If you were hop­ing for a gift this year from the IRS, after last year’s Tax Cuts and Jobs Act…it is not like­ly. If you, like many U.S. expats (U.S. cit­i­zens and Green card hold­ers liv­ing out­side the Unit­ed States) are becom­ing more frus­trat­ed, con­fused, or over­whelmed with the bur­den that U.S. cit­i­zen­ship may entail when you are liv­ing out­side the Unit­ed States, you may have con­sid­ered renounc­ing your U.S. cit­i­zen­ship. With the restric­tions on your free­dom to make finan­cial deci­sions or under­tak­ing trans­ac­tions with­out care­ful­ly review­ing poten­tial U.S. tax impli­ca­tions, the thought of pos­si­bly renounc­ing your U.S. cit­i­zen­ship may have crossed your mind, maybe more than once. If you believe that renounc­ing your U.S. cit­i­zen­ship will sim­pli­fy your life, now just might be the right time to inves­ti­gate and research your options. We are here as U.S. tax pro­fes­sion­als to assist you in explor­ing your options. Decid­ing to renounce your U.S. cit­i­zen­ship should nev­er be made based sole­ly on tax con­sid­er­a­tions. After all, tax­es can be man­aged. How­ev­er, high annu­al com­pli­ance costs that come with fil­ing tax returns and report­ing in two coun­tries, con­stant­ly hav­ing to research, read and ver­i­fy the news and leg­is­la­tion in two coun­tries and the inabil­i­ty to make cer­tain invest­ments because you just do not know what it will cost you in tax­es are often the issues that push both your patience and finan­cial bud­get over the edge. If you want to put the hap­py back in your hol­i­days and you are ask­ing your­self if you need to main­tain two cit­i­zen­ships, then spend an infor­ma­tive hour with us. The rea­son why U.S. cit­i­zen­ship gets the spot­light is because the Unit­ed States tax­es its cit­i­zens and res­i­dents on a world­wide basis, not sole­ly on phys­i­cal res­i­den­cy. Even with the avail­abil­i­ty of a for­eign tax cred­it (“FTC”), which is less and less avail­able, U.S. expats are often pay­ing extra tax and, in some cas­es, are sub­ject to dou­ble tax­a­tion. All of this on top of the tax prepa­ra­tion and fil­ing costs is not look­ing like a gift at all. To help you decide if you are ready to make this deci­sion, or to find out what is the best way to main­tain your dual cit­i­zen­ship, remain tax com­pli­ant and keep the Grinch out of your pock­ets join us and take advan­tage of our research and knowl­edge. This webi­nar will out­line key issues for you to con­sid­er. Spe­cif­ic top­ics we will dis­cuss: • Impor­tant fac­tors to be con­sid­ered in mak­ing the deci­sion to ter­mi­nate your U.S. per­son sta­tus; • Are you a U.S. cit­i­zen? Are you a U.S. per­son? • Overview of the renun­ci­a­tion / Green card aban­don­ment process; • Key U.S. immi­gra­tion law con­sid­er­a­tions; • Key U.S. tax con­sid­er­a­tions; • Options to become tax-com­pli­ant; • Prac­ti­cal tips and con­sid­er­a­tions, as well as traps for the unwary; • And…More! To learn more, reg­is­ter and gain the knowl­edge you need to under­stand the issues when con­sid­er­ing renounc­ing your U.S. cit­i­zen­ship. We hope you join us!Purchase ($9.95)

Very tru­ly yours, U.S. TAX IQ Team