Supports Cross Border Professionals and Families I discuss the general action plans when you face a potentially covered expatriate designation. There are two main tests when the IRS determines if you are a covered expatriate. They are (1) a Two-million dollar Net...

Supports Cross Border Professionals and Families Many taxpayers need to pay attention to the FBAR. The U.S. is a melting pot, with many mixed-nationality married couples. In this article, I explain in plain language what the FBAR rules are. If you have foreign...

Supports Cross Border Professionals and Families It is a dream come true moment when you obtain your green card. I did it over 30 years ago. I felt that I finally got my ticket to freedom. As the years pass, my appreciation for Arthur Andersen, the sponsor, and my...

Supports Cross Border Professionals and Families Under the IRC Section 101(a)(1), beneficiaries generally do not pay taxes to the life insurance proceeds in the U.S. When you move to a foreign country; this may not be true. I specifically talk about this in Japan....

The term "accidental American" is often used to refer to individuals who have U.S. citizenship because they were born in the United States, but who have spent little or no time in the United States and may not consider themselves American. The United States follows...

Supports Cross Border Professionals and Families   First and foremost, you must know the striking characteristics of US gift taxes. The person who makes a gift (donor) is liable for gift taxes. Many countries, such as Japan, levy taxes on the person who receives...

Supports Cross Border Professionals and Families With today’s remote work environment, I am sure many employers receive inquiries about whether their employees can work remotely overseas. I want to explain how to minimize tax risks in such a situation. The first risk...

CDH, a leading accounting and advisory firm, has once again solidified its position as an industry leader by being recognized among Inside Public Accounting's (IPA) prestigious list of the Top 300 Firms.  CDH's impact extends beyond its client relationships, as the...

If you haven’t already moved to the cloud, you may be thinking about it. Businesses worldwide are accelerating their adoption of cloud software, with Gartner Research reporting that 85% of organizations will have a cloud-first strategy by 2025. Evidence of cloud...

Supports Cross Border Professionals and Families Consolidate Retirement Accounts I am not recommending you to rollover your 401(k) to one IRA account. I understand many individuals have multiple 401(k)s or IRA accounts and regular investment accounts at various...

Supports Cross Border Professionals and Families I will explain the tax consequences when a green card holder decides to return to his home country permanently. You can consider these pros and cons when making your decision. I encourage you to consult with your tax...

Supports Cross Border Professionals and Families This article aims to give you a broad view of the US exit tax. Many UC citizens and Green Card Holders consider giving up their status and moving to other countries. The US government established a system where such...

Supports Cross Border Professionals and Families This article summarizes three ways to get taxed under the US exit tax system. Please note that not all the covered expatriates become subject to taxation. Mark to Market You are deemed to have sold any interest in your...

CDH, P.C is pleased to announce Kazuhiro "Tomi" Yoshitomi as its newest Principal, Effective September 5, 2023. Tomi joins the firm's growing Assurance practice bringing more than twenty years of audit experience, with focuses on US subsidiaries of Japanese parent...

Overview The Internal Revenue Service (IRS) governs transfer pricing regulations in the United States. The IRS has issued guidelines and regulations to ensure that multinational companies adhere to the arm's length principle and comply with the regulations outlined in...

Supports Cross Border Professionals and Families Today, you can work anywhere, and you can retire at any place in the world. Thanks to globalization and the advancement of technology, more and more people cross the boundaries of countries to have new lifestyles. For...