Rules for Claiming the Child Tax Credit

Rules for Claiming the Child Tax Credit Here’s some good news for parents of children under age of 17: they’ll save you money at tax time. The Child Tax Credit, which can be worth as much as $1,000 per qualifying child depending upon a parent’s income, was made...

Do I need to file Form 8938?

Do I need to file Form 8938, “Statement of Specified Foreign Financial Assets”? Certain U.S. taxpayers holding specified foreign financial assets with an aggregate value exceeding $50,000 will report information about those assets on new Form 8938, which must be...

Eight Smart Year-End Tax Moves

 Eight Smart Year-End Tax Moves While the April 15 income tax filing deadline is dubbed “Tax Day,” there is another very important deadline taxpayers need to keep in mind. Each year, the U.S. tax code changes, and many financial moves necessary to minimize your tax...

What can I do with my investments now?

My funds in the US or in Spain? Were you with Merrill Lynch until last year? If you are finding difficulties with your investments as an American resident in Spain, because of the new FATCA regulations, or if you simply want to access a very efficient and low-cost US...