E-Filing US Tax Returns with the IRS
29th July 2026 E-Filing US Tax Returns with the IRS Phinch is now authorised to electronically file US tax returns directly with the Internal Revenue Service (IRS), right here from our UK office! The United States is one of only two countries in the world that taxes its citizens on worldwide income regardless of where…
Read MoreU.S. Tax Filing Requirements for Americans Living Abroad
16th April 2026 U.S. Tax Filing Requirements for Americans Living Abroad If you are a U.S. citizen or were born to American parents, you are generally required to meet the same federal tax obligations as individuals residing in the United States, even if you live abroad. This includes filing income tax returns, estate tax returns,…
Read MoreFBAR (Foreign Bank Account Report): Essential Guide for U.S. Citizens and Green Card Holders
16th April 2026 FBAR (Foreign Bank Account Report): Essential Guide for U.S. Citizens and Green Card Holders Are you a U.S. citizen or green card holder living abroad? Do you have foreign bank accounts, investment accounts, or retirement accounts? If so, you may need to file a Foreign Bank Account Report (FBAR) to avoid severe…
Read MoreWhy You Shouldn’t Rely Solely on HMRC Forums for Tax Advice
Why You Shouldn’t Rely Solely on HMRC Forums for Tax Advice When it comes to navigating tax, many individuals and business owners turn to online forums for quick answers—particularly the HMRC (His Majesty’s Revenue and Customs) Community Forums. While these forums can offer helpful discussions and shared experiences, it’s important to understand that not all the…
Read MoreMissed Out on Stimulus Checks? Here’s What You Can Do Now
Missed Out on Stimulus Checks? Here’s What You Can Do Now If you’ve been wondering whether it’s too late to claim your stimulus checks, you’re not alone. While the buzz around stimulus payments may have faded from the headlines, there’s still hope for those who haven’t received payments. Here’s what you need to know to…
Read MoreA Guide to US and UK Taxation for Americans Living in the UK
A Guide to US and UK Taxation for Americans Living in the UK Navigating the complexities of tax preparation can be challenging, especially for Americans residing in the UK. This guide aims to provide you with best practices to efficiently manage your tax obligations and highlights some issues that you should be aware of. Tax…
Read MoreInherited IRAs and the SECURE Act of 2019
US Tax Inherited IRAs and the SECURE Act of 2019 [cases_details] At the end of 2019, the SECURE Act (Setting Every Community Up for Retirement Enhancement Act) was signed into law, modifying required minimum distribution (RMD) rules for inherited IRAs and retirement accounts. Under the SECURE Act, inherited IRAs and retirement accounts must be distributed…
Read MoreStreamlined Procedure – The IRS Amnesty Program
US Tax Streamlined Procedure – The IRS Amnesty Program [cases_details] The penalty free program for overseas Americans delinquent on their tax returns. The Streamlined Procedure is an IRS amnesty program that allows expats who are non-willfully behind with their US tax filing to catch up without facing any penalties. If you have not filed your…
Read MoreReal Estate Enterprise: How to Qualify for a Section 199a Deduction
US Tax Real Estate Enterprise: How to Qualify for a Section 199a Deduction [cases_details] At the end of 2019, the IRS issued updated guidance on a new rental real estate safe harbour rule which allows certain rental real estate to be considered an “enterprise” eligible for a Section 199a deduction. What is Section 199a deduction? …
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