+44 (0) 208 989 1666 info@usandukeagletaxation.com

US Tax Services

 

Free prior tax return review

Eagle iconFree prior tax return review

 

Birds icons 1If you are confused about your past tax returns and would like to double check whether it is right, we offer services such as prior tax return review and advice. It’s always a good idea to get that extra assurance you are looking for with no extra cost. All you need to do is to contact our tax advisors. We will be glad to give you confidential professional feedback and will provide you with suggestions about what to do next. This service is useful because so many people have questions about what taxes they owe and why. We make it easy to understand the why’s and how to help you with the very best current tax advice.

Free initial meeting

Eagle icon Free initial meeting

Birds icons 1We recognize that choosing the right tax consultant takes time. It’s a very important decision. We are here to build long-term trust and understand your specific needs. We would like to offer you a free initial consultation so you can get to know our consultants. We want to get to know your needs and situation so we can offer you the best possible service and begin what we hope is a long-term relationship.

US tax advice

Eagle icon US tax advice

Most of the people that come to see our advisors believe that the United States tax system is way too complex. It may seem strange, but the only reason people do not make any investment decisions because they are afraid that they will end up with a huge tax bill to pay. Don’t let it be you. Schedule a consultation with us. Let us know your situation, and we will explore various solutions with you, and related tax consequences.

FBAR, FATCA Reporting

Eagle iconFBAR, FATCA Reporting

Our team would like to remind you of a Form 114 filing requirement (also known as a Foreign Bank Account Report  or an FBAR) to report your foreign assets by the June 30 deadline, each year. If you have foreign assets, we encourage you to check if you have an FBAR filing requirement, even if you have relatively small amounts.

Separately, you may also have to file the FATCA-related Form 8938 with your tax return by the June 15 deadline each year. (If you live in the United States, you may also be required to file Form 8938, which would be due by April 15 with your tax return each year.)

Not filing your FBAR and Form 8938 is not an option, a Foreign Accounts Tax Compliance Act (Fatca), now requires all financial institutions around the world to report directly to the US Internal Revenue Service (IRS) all the assets and incomes of any US persons with $50,000 on their books.

We understand that FinCen and IRS do not offer clear guidance to help you with your FBAR and Form 8939 filings. Let us take your worry away, contact us, so we can offer you advice or prepare the forms on your behalf.

US Expat & International tax services

Eagle iconUS Expat & International tax services

Are you presently in a situation where you don’t understand your taxes, IRS’s correspondence or demands? Are you are not living in the United States? Wherever you are in this world, we are there to offer you our extensive experience and assistance. We will provide you with the most dependable international tax advice. We don’t just prepare the returns, we provide tax planning and business advice tailored to your unique needs.

We have many long-term relationships with our clients. We make sure we understand your financial situation, long term goals and will give you your best tax options.

 

Business tax services

Eagle iconBusiness tax services

Our in-house tax professionals will review all areas of tax exposure for our clients. They ensure firstly your company is tax compliant and will then devise the best tax strategies to minimise the tax exposure for companies, their owners & directors. Why not arrange an appointment to speak to one of our partners in London and find out how we can help you to improve your business.

 

US Non-Resident tax

Eagle iconUS Non-Resident tax

The tax treatment of income can be a complex area and it is advisable to seek specialist advice as the rules regarding residence in and out of the UK have altered radically in recent years. There is a new residence test due to become law in the near future which will seek to define whether an individual is resident or non resident in the UK.

Our experts can guide you through the new rules to establish your residence position and help you plan to keep your tax bills to the minimum.

 

Expatriation advice

Eagle iconExpatriation advice

Our services include consultations and explanations of the various U.S. Expatriate compensation packages, including individual tax equalization or tax protection arrangements. We are dedicated to educating our clients about the developing and constantly changing U.S. tax law, and how it affects them. We’ll also invest time and resources to meet with our clients as often as needed to ensure optimum tax savings mechanisms are in place.

 

IRS Offshore Voluntary Disclosure

Eagle icon IRS Offshore Voluntary Disclosure

The Offshore Voluntary Disclosure Program is a voluntary disclosure program specifically designed for taxpayers with exposure to potential liability and substantial civil penalties due to a willful failure to report foreign financial assets and pay all tax due in respect of those assets.ervices include consultations and explanations of the various U.S. Expatriate compensation packages, including individual tax equalization or tax protection arrangements. We are dedicated to educating our clients about the developing and constantly changing

This streamlined procedures requires a Certification that proves the failure to report income from foreign financial assets, pay all tax due and submit all required information returns in respect of those assets did not result from wilful conduct on the part of you the taxpayer. It is designed to provide to taxpayers with such exposure protection from criminal liability and terms for resolving their civil tax and penalty obligations. Let us help you with the complex layers of this certification to make sure you are in compliance with all the requirements.

 

Year-End tax planning

Eagle icon Year-End tax planning

In addition to our tax compliance services, we offer a full range of consulting and planning services for both US and UK tax. Specifically, we always ensure that the appropriate issues around the interaction between the two jurisdictions are duly considered.