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Portugal to cancel the Non-habitual Residence (NHR) Tax Benefits for Digital Nomads.

Portugal to cancel the Non-habitual Residence (NHR) Tax Benefits for Digital Nomads.

by Antonio Rodriguez | Oct 25, 2023 | Business

According to the Nomad Report 2023 from the rental property platform Flation, Portugal has emerged as the top choice for digital nomads, with 27% of survey participants selecting it as the most attractive destination. Portugal is an excellent place to live. The crime...
Willing to lose $3,200? IRS Streamlined Foreign Offshore Procedure

Willing to lose $3,200? IRS Streamlined Foreign Offshore Procedure

by Antonio Rodriguez | Oct 24, 2023 | IRS - Internal Revenue Service, US Tax Consultants

If you are a U.S. Citizen and you have not filed your 2020 and 2021 Tax returns, you are doing so! Next April 15 will be the deadline for the Streamline Foreign Offshore Procedure or Tax Amnesty which has four indisputable advantages: VIDEO. You can regularize your...
US Tax Consultants: Most Trusted Accounting Firm in 2023

US Tax Consultants: Most Trusted Accounting Firm in 2023

by Antonio Rodriguez | Oct 24, 2023 | Business, Education, Marketing, US Tax Consultants

US Tax Consultants and its CEO Antonio Rodríguez have starred on the cover of the magazine specialized in the business world “The Enterprise World”. The reason is having been chosen by the prestigious magazine as Most Trusted Accounting Firm in 2023 Review of the...
Modelo 721 of the AEAT or the report of cryptocurrencies and their transactions.

Modelo 721 of the AEAT or the report of cryptocurrencies and their transactions.

by Antonio Rodriguez | Oct 24, 2023 | AEAT, Modelo 720

As of January 1st, 2024, it will be mandatory to declare cryptocurrencies and other virtual currencies. This obligation arises in order to improve fiscal and tax control. The first presentation of Modelo 721 will be that corresponding to the 2022 financial year, which...
Non-willful failure to file an FBAR carry a statutory civil penalty of $10,000.

Non-willful failure to file an FBAR carry a statutory civil penalty of $10,000.

by Antonio Rodriguez | Oct 24, 2023 | Uncategorized

Many Americans living overseas are required to file a Foreign Bank Account Report (FBAR). Not everyone is aware of this, however, leading to unintentional violations. Here’s an overview of the topic to help you avoid any FBAR penalties. Taxpayers who hold foreign...
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