Jun 11, 2018 | Firm Updates, International Tax
In a previous post, “What Happens When a Professor Goes Overseas on Sabbatical?”, we discussed an example of a professor on sabbatical and looked at two options available to her: 1) use the foreign earned income exclusion, or 2) report all income as...
Jun 7, 2018 | Firm Updates, High Technology, Small Business
If you are the founder of a start-up company, or have invested in one, you may have already heard about Qualified Small Business Stock (QSBS) and the gain exclusion available under IRS Code Section 1202. It has been a hot topic for investors and entrepreneurs for the...
Jun 6, 2018 | Firm Updates, Individual Tax
Many Americans relocate to another state when they retire. If you’re thinking about such a move, state and local taxes should factor into your decision. Income, property and sales tax Choosing a state that has no personal income tax may appear to be the best option....
Jun 4, 2018 | Firm Updates, International Tax
The United States has almost 70 tax treaties with foreign countries covering income taxes and capital gains tax. These treaties delineate which country is entitled to tax an individual or entity in cross-border situations. But income taxes are only part of the tax...
May 29, 2018 | Firm Updates, Individual Tax, Tax Tips
Many employees receive stock-based compensation from their employer as part of their compensation and benefits package. The tax consequences of such compensation can be complex and subject to ordinary-income, capital gains, employment and other taxes. But if you...