The US tax system requires all its citizens and permanent residents to file tax returns based on
Foreign Earned Income Exclusion (Form 2555)
Foreign Nationals in the US Are Now Subject to US Income Taxes
Foreign nationals in the US: Do you have a federal income tax filing obligation? Now that you
KROST Welcomes New Principal – Evelyn Fernandez
Los Angeles-based CPA Firm, KROST CPAs and Consultants, welcomes Evelyn Fernandez, CPA, MST, as a new Principal.
Changes in Reporting Requirements for Foreign-Owned Domestic Disregarded Entities
Foreign-owned domestic disregarded entities have not had filing requirements in the past unless an election was made
Expatriation Exit Tax
US citizens living abroad and foreign nationals residing in the US are renouncing their citizenship in a
Is the GILTI High Tax Exception a Benefit for Controlled Foreign Corporations?
Navigating the ins and outs of US taxes as a US shareholder of a controlled foreign corporation
Foreign-Derived Intangible Income (FDII) Can Increase Cash Flow for Manufacturing Companies and Distributors with Global Operations
This is a preview of one of the articles in the new KROST Quarterly Manufacturing Issue, titled
Tax Breaks for US Citizens Living Abroad
More and more US citizens are moving abroad for various reasons. The move could be work-related, family-related,
KROST Quarterly Magazine: The Manufacturing Issue is Now Available!
We are happy to announce the release of our newest quarterly magazine! The Manufacturing Issue highlights some
The California Safe Harbor for Residents Working Abroad
If you are a California resident who accepts overseas assignments, or an international employer with California residents