The US tax system requires all its citizens and permanent residents to file tax returns based on
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Foreign Earned Income Exclusion (Form 2555)
New Schedules K-2 and K-3 Reporting for Form 1065, Form 1120-S, and Form 8865 – What You Need to Know
For the tax year beginning in 2021, the IRS has implemented a new reporting requirement for partnerships,
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.
For Multinational Companies – Tax Increases and a Wider Tax Net are in Your Future
Multinational companies can expect some extraordinary changes in the US and international tax environment – and this
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
Form 5471 – Reporting Ownership in Foreign Corporations
You may be required to file Form 5471, “Information Return of U.S. Persons with Respect to Certain
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
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