The below is a guest article by Jim Smith of Pacific Wealth - The article solely reflects the opinion of Pacific Wealth and should not be...

In our final article for the year, we’ll cover an all too misunderstood (or unknown) issue, the New Zealand transitional residence...

For many US citizen clients whom are filing for the first time after getting married, I’m commonly asked how their US tax status will...

As we’ve covered previously, US persons living in New Zealand may be subject to a capital gains tax on the sale of their home or rental...

From what began as a trickle of clients ten or so years ago, to now more than 100 per year, renunciation of US citizenship has become one...

While we’re only three days into the week, through our client US tax advice consultations, the issue of “depreciation recapture” has come...

As many of us know, the US tax system can sometimes seem like a minefield of different tax laws, one common issue is GILTI.

Over the recent weeks and months, I’ve been asked the question frequently, “Dave, which party’s tax policies would be better or worse for...

In quite a big item of news, the IRS have announced today that in 2024, they will be shifting their compliance priorities to FBAR non-filers

One of the most common issues facing US citizens in New Zealand, is the treatment of KiwiSaver. Many clients come to us asking the...

For numerous US citizens residing in New Zealand, the application of US capital gains tax to the sale of New Zealand assets raises common concerns. A driving factor behind this concern is the misconception that New Zealand does not impose a capital gains tax, which is not entirely accurate. Both New Zealand's Bright Line Tax and the United States' Capital Gains Tax share certain similarities in their tax policies. Nevertheless, the scope and reach of the US tax policy are not

The array of challenges faced by US citizens residing in New Zealand be summarized in the simple term of "tax residency tied to citizenship." This principle is applied by only three countries worldwide: North Korea, Eritrea, and the United States. Despite their vast differences, they share the commonality that their citizens are deemed tax residents of their respective countries, regardless of their global whereabouts. This impacts not only migrants who have moved to New Zeal

In a relatively short span of time, Non-Fungible Tokens (NFTs) have transitioned from an obscure concept to an common feature among sections of the investment and collector realms. For those unacquainted, an NFT stands for Non-Fungible Token. To provide more context, a Non-Fungible Token signifies digital ownership of an asset, encompassing items like photos, videos, or other forms of digital media. Consider this analogy: when an online image goes viral, undergoing numerous s