Serving the American expatriate community since 1997
US EXPATRIATE TAX SERVICES
Serving the American expatriate community since 1997
Why Choose Barron's International Tax Service?
SERVICES
. GLOBAL TAX SERVICE
STREAMLINE COMPLIANCE PROCESS
EXPATRIATION SUPPORT
Expertise You Can Trust
We have been assisting Americans in Europe, Asia and the Americas with complex filing requirements imposed by IRS since 1997.
Expert Tax Services for Your Business
GLOBAL TAX SERVICE
- Review potential filings imposed on American Expatriates
- Federal and relevant filings: FBAR, FATCA, Forms 2555 & 1116
- Quarterly reviews for cross-border business decisions
- Amended returns review
- Crypto Investments Reporting
- Ongoing proactive advice on business income and SE Taxation
- Foreign Corporation issues
- Pre-audit risk assessment
STREAMLINE COMPLIANCE PROCESS
- An amnesty program intended to help US citizens and residents (including expatriates) who have neglected to file required US tax returns, foreign financial reporting forms and information returns, and whose noncompliance was non-willful (due to negligence, inadvertence or misunderstanding of the law. Green Card holders are considered US residents.
- Filing requirements include 3 years of amended or late Form 1040, 6 years of late Form 114, and certification Form 14653.
- Avoids most steep penalties (see below).
EXPATRIATION SUPPORT
- Process for US citizens and Green Card holders to renounce US citizenship and calculate any Exit Tax due.
- Assure all tax and information returns are filed with Expatriation Statement.
IRS FILING REQUIREMENTS IMPOSED ON AMERICAN NOMADS
- US Tax Return
-- Forms 1040 & Schedules
--- Penalty up to 45% for both failure to file and failure to pay
- Foreign Banking Account Report (FBAR)
-- Form 114
--- Penalty $10,000 per violation if non-willful
- Statement of Specified Foreign Financial Assets (FATCA)
-- Form 8938
--- Penalty $10,000 per month up to 5 months
- Foreign Corporation, Partnership or Trust
-- Forms 5471, 8865, 3520
--- Penalty $10,000 per omission
- Passive Foreign Investment Company (PFIC)
-- Form 8621
- Disregarded Foreign Entity
-- Form 8858
--- Penalty $10,000 per month up to $50,000 for 5 months
- Foreign Earned Income Exclusion
-- Form 2555
--- Penalty possible loss FEIE for late filing
- Foreign Tax Credit
-- Form 1116
--- Penalty possible loss FTC for late filing
--- Frivolous Return Penalty: $5,000
Recommended Services
- Dusanj + Wirk - www.dusanjwirk.com - provides accounting, taxation, auditing and advisory services for Canadians. Contact Paul van Koll at 250-220-7311 in Victoria, BC.
- Beacon Hill Cross-Border Wealth Management - www.beaconhillwm.ca - integrated solutions for clients with both Canadian and US assets. Contact Phil Hogan at 778-433-1314.
- Lorna Eastman Financial - www.lornaeastmanfinancial.com - provides independent financial counsel to individual and corporate clients in financial counselling, retirement, pension and estate planning.
About Barron Harper
Our Mission
Our Services
Our Services
At Barron's International Tax Service, our mission is to simplify the tax process for our clients. We understand that taxes can be complicated and stressful, which is why we are committed to providing reliable and accurate tax services to individuals and businesses. Our goal is to help our clients achieve their tax objectives while minimizing their tax liability.
Our Services
Our Services
Our Services
Barron holds a Masters Degree in Accounting with emphasis in taxation. Residing in Portugal and France for over 20 years, he provided US tax services for American expatriates in Europe, Asia, the Middle East and the Americas. He has published articles on complex tax issues as well as several historical books. After his wife took early ret
Barron holds a Masters Degree in Accounting with emphasis in taxation. Residing in Portugal and France for over 20 years, he provided US tax services for American expatriates in Europe, Asia, the Middle East and the Americas. He has published articles on complex tax issues as well as several historical books. After his wife took early retirement from university in Portugal, they resettled in Canada - his mother's native country.
Our Process
Our Services
Our Process
We take a personalized approach to tax services, working closely with our clients to understand their unique needs and goals. We then develop a customized tax strategy tailored to their specific situation. Throughout the tax process, we keep our clients informed and provide ongoing support to ensure their compliance with tax laws and regulations.
Picture Perfect Tax Solutions: A Gallery by Barron's International Tax Service Consulting
