Blog

01
Nov 2019
  • BY: italiancpafirms
  • TAG: Documents, Business, tax
  • 01 COMMENT

Income Tax Return for non-resident US citizens

A big part of American citizens residing abroad is convinced that filing their income tax return in the US is not necessary. Unfortunately, this is not the case, most of the times. According to the US taxation system, individuals must declare their annual incomes regardless of where they live and where such incomes are generated. According to the Internal Revenue Service (IRS), non-resident American citizens are often required to file their Tax Return just as US... READ MORE
01
Nov 2019
  • BY: italiancpafirms
  • TAG: Documents, Business, tax
  • 01 COMMENT

Italian investments in the USA: end-of-year review

What have the opportunities been and what will they be for Italian investors in the United States: the so-called “Promised Land” of business? Let’s have a walk through it with this quick recap. Financial investments Thanks to the new developments in US domestic policy, investing in Wall Street has, once again, proved to be a great opportunity for Italian entrepreneurs thanks to both a renewed confidence in the markets and the improvement of the dollar/euro rate. The US... READ MORE
01
Nov 2019
  • BY: italiancpafirms
  • TAG: Documents, Business, tax
  • 01 COMMENT

US Tax Reform Plan: the biggest Tax Cut of all time

The long-awaited tax reform was quietly approved by the House and then signed by the US President on 22 December 2017. A nice end-of-year gift for many SMEs and many investors. A gift that has not been seen since Reagan’s presidency, in terms of tax reduction. It is, in fact, the most drastic change to US tax code of the last 30 years! Corporations and upper classes will obviously benefit the most from the reform, but the middle class (although to a lesser extent) will obtain... READ MORE


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