04 — Cross-Border Compliance

International Tax Services

Specialized U.S. tax services for individuals and businesses with international tax matters — wherever in the world your income, assets, tax residency, or business activities intersect with U.S. tax law.

What This Covers

U.S. international tax rules can be complex, particularly when income, financial accounts, assets, residency, or business activities span multiple countries.

TaxWise Advisors assists U.S. citizens and residents with foreign income or assets, foreign nationals with U.S. tax obligations, nonresident taxpayers with U.S.-source income, and business owners navigating cross-border tax and reporting requirements.

Whether you are a U.S. citizen living abroad, a Green Card holder, a nonresident with U.S. income, or a business owner with international activities, we provide practical guidance based on your individual circumstances.

We help clients identify applicable U.S. filing and reporting obligations, evaluate available exclusions, foreign tax credits and treaty provisions, and maintain compliance with U.S. tax requirements.

Our International Tax Services Include

  • Foreign Income Reporting

    Preparation of U.S. tax returns involving income earned or received outside the United States.

  • Foreign Earned Income Exclusion (FEIE)

    Evaluation and reporting of the Foreign Earned Income Exclusion using Form 2555 when applicable.

  • Foreign Tax Credit (FTC)

    Evaluation and reporting of eligible foreign income taxes, including Form 1116 for individuals.

  • FBAR — FinCEN Form 114

    Assistance with foreign bank and financial account reporting requirements.

  • FATCA — Form 8938

    Reporting of specified foreign financial assets when applicable filing thresholds are met.

  • Nonresident Tax Returns — Form 1040-NR

    U.S. federal tax return preparation for nonresident individuals with U.S. filing obligations.

  • Tax Residency Analysis

    Assistance with determining U.S. tax residency, including the Substantial Presence Test, residency starting and ending dates, and dual-status tax considerations.

  • Tax Treaty Analysis

    Review of applicable U.S. income tax treaty provisions and potential treaty benefits based on the taxpayer's circumstances.

  • International Information Reporting

    Assistance identifying U.S. information-reporting requirements related to foreign assets, entities, ownership interests, and certain cross-border transactions.

  • Foreign-Owned U.S. Businesses

    Assistance with U.S. tax and information-reporting requirements affecting foreign owners of U.S. businesses.

  • U.S. Businesses With International Activities

    Assistance identifying U.S. tax and reporting obligations arising from foreign ownership, operations, income, assets, or transactions.

  • Foreign Gift & Inheritance Reporting

    Assistance with U.S. reporting requirements for certain gifts and inheritances received from foreign persons, including evaluation and preparation of Form 3520 when required.

Clear Guidance for Complex International Tax Matters

International tax obligations depend heavily on each taxpayer's individual circumstances, including citizenship, tax residency, income sources, foreign financial accounts and assets, business ownership, and the countries involved.

Our goal is to help clients understand their U.S. tax and reporting obligations, identify available exclusions, credits, and treaty benefits where applicable, and reduce the risk of missed filings and potentially significant international information-reporting penalties.

Have foreign income, accounts, assets, or business interests?

Contact TaxWise Advisors to discuss your U.S. tax and reporting requirements.

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