INDIVIDUAL TAX RETURNS
Whether you need help preparing a federal, state, amended, or late tax return, we are here to help.
Set a virtual meeting with us today.
Federal Tax Returns
No matter where US citizens or residents reside, they must file an annual US tax return to report their worldwide income (if they meet minimum filing requirements). You can use the following IRS interview to find out if you need to file your federal tax return: Do I need to file a tax return?
Even when US citizens and residents are required to file a federal annual US tax return, that does not necessarily mean they owe US taxes. Tax tools such as the Foreign Earned Income Exclusion, Foreign Housing Exclusion, Foreign Tax Credit, etc. can help reduce the US tax liability when used correctly and properly.
State Tax Returns
You may already know you need to file a federal tax return even when you live and work abroad. However, you may still need to file a state tax return. Since each state has specific tax laws and regulations, tax filing requirements are different in each state.
Amended Tax Returns
Filing taxes, especially if you are a US citizen or resident living abroad, is not an easy task.
If you recently found a mistake on your tax return, you can easily rectify it by amending your tax return, whether it is a federal or state tax return. We can help you evaluate if by preparing amended returns you are still able to rectify your tax position. The IRS gives you the opportunity to fix inaccurate returns or improperly prepared returns by filing amended Form 1040-X.
If you make a change to your federal tax return, you will probably have to make the same change to your state return to that specific tax year (if any).
Let us give you a better assessment of your tax situation by reviewing your previously filed federal and state tax returns.
Late Tax Returns
Haven´t you filed your tax returns in prior years and want to be in compliance with your US tax obligations?
No matter the reason why you may be late with your tax returns, it is very important to get you back in track and in good standing with the IRS.
We can help you find out the returns you need to file and submit them to the IRS so you can get up-to-date.