Category: Tax
The Internal Revenue Service has revised “Supplemental Form W-4 Instructions for Nonresident Aliens.” The IRS has modified the instructions on the W-4 for nonresidents to reflect restrictions on their filing status, the limited number of exemptions allowed, and the standard deduction. Nonresident aliens must follow special instructions when completing Form W-4, Employee’s Withholding Allowance Certificate,… Read More
The new “exit tax,” under the Heroes Earnings Assistance and Relief Tax Act of 2008, applies only to U.S. citizens who expatriate and long-term (eight years or longer) permanent residents who lose their status (voluntarily or otherwise) on or after the date of enactment, which was June 17, 2008. The prior tax law continues to… Read More
Immigration to the U.S. is a challenging task, especially with the restrictions imposed after 9/11. The first section of this article discusses pre-immigration tax planning opportunities, and the second section describes the availability of fast track immigration and Green Card status. To read more of this article, please click here to download the PDF entitled,… Read More