US Income Tax Returns
U.S. citizens and residents living in Israel are generally required, by the Internal Revenue Service and Social Security Administration, to file annual income tax returns. This is especially important... Read More IRS Streamlined Program:
In recognition that some U.S. citizens living abroad have failed to file U.S. Federal income tax returns and foreign bank account reports (FBAR), the IRS has designed a streamlined procedure to allow taxpayers... Read More
Estate and Trust Tax Planning:
In the event of an estate owner's death, estate tax is imposed on the transfer of the estate and other assets to the beneficiaries. Trust funds allow a third party financial control over the estate until the ... Read More
Investment Planning:
Alan Deutsch specializes in investment planning in addition to tax filing. Investment planning includes financial planning ... Read More
IRS Audit Representation:
The IRS can select tax returns for audit and/or review. If a tax return is selected for auditing, it does not necessarily mean that the IRS suspects an error in the tax return. It may have been selected randomly ... Read More
Israeli Tax Reform:
It is important to keep up to date with the changing Israeli tax laws. The Israeli tax authority is planning more ... Read More ITIN - Form W-7
An Individual Taxpayer Identification Number (ITIN) is a tax processing number issued by the Internal Revenue Service. The IRS issues ITINs to individuals ... Read More |
Foreign Bank Reports (FBAR):
Under the Bank Secrecy Act, a Foreign Bank Account Report (FBAR) must be e-filed annually with the U.S. Treasury, if the following... Read More
Corporate Tax Planning:
Corporations may be excellent tax planning vehicles, especially for taxpayers working outside Israel and in light of Israeli tax reform. "C" Corporation tax rates are... Read More
$1000 U.S.
Child Credit:
If applicable, $1,000 per eligible child may be available to offset any potential U.S. income tax liability or refunded. Taxpayers must have reportable earned income from... Read More
IRS Letters:
The IRS sends letters to US citizens in the case of any problem with that individual's tax return. In most cases, the IRS believes that the individual either owes more tax, is due for a larger refund... Read More
Israeli Tax Returns:
Most Israeli citizens are not required to file annual income tax returns unless they are self-employed or wish to collect a refund on their charitable donations. US citizens living in Israel... Read More
Bookkeeping Services:
Help you keep records of your transactions, debits, and credits. Read More
Refund Delay Assistance:
Refund delays have been occurring more and more frequently due primarily to thousands of audits being conducted by the IRS and... Read More |