Oliver Mercer
L1 Visa Tax Compliance Guide for Expatriates
For L1 visa tax compliance, expatriates must follow key steps including determining tax residency, understanding tax treaties, and…
Social Security and Medicare Taxes for L1 Visa Holders: Understanding Nonresident Obligations
L1 visa holders are generally subject to Social Security and Medicare taxes. However, if they are considered nonresident…
L1 Visa Taxes: Understanding Expat Tax Rules in the USA
L1 visa holders in the United States may have different tax rules compared to US citizens, which includes…
Understanding Accuracy-Related Penalties Under IRC 6662 for Underpayments
Under IRC § 6662, accuracy-related penalties are imposed on underpayments. Learn more about these penalties and their implications…
Understanding IRC Fraud Penalties and Tax Evasion Consequences
Under IRC §§ 6651(f) or 663, fraud penalties can be imposed for tax evasion consequences. Learn more about…
Understanding Form 8865 Penalties for Non-Filing
Form 8865 is for U.S. taxpayers with foreign partnerships. Not filing this form can result in severe penalties.…
Form 3520 Penalties: Understanding IRS Noncompliance Consequences
Penalties for not filing Form 3520 can lead to serious consequences, including IRS noncompliance consequences. Find out the…
Understanding Penalties for Non-Compliance with Form 8938 FATCA Reporting Requirements
Not filing Form 8938 can lead to penalties and non-compliance with FATCA reporting requirements. Stay informed to avoid…
Tax Deductions and Benefits for L1 Visa Holders
L1 visa holders can benefit from tax deductions and enjoy tax benefits. They should explore deductions, such as…
L1 Visa Holder Tax Residency Rules
L1 visa holders transition to resident tax status when they meet the residency rules. Understand L1 visa tax…
H1B Visa Taxes: Understanding Foreign Collaboration Implications
Handling taxes on an H1B visa while collaborating with a foreign entity can be complex. Understanding the implications…
Understanding Tax Implications: From Student Visa to H1B Status
If your visa status changes from student to H1B during the tax year, there are tax implications to…
Foreign Grant and Fellowship: US Tax Reporting Guide
Foreign grants and fellowships can have tax implications for US recipients. It's important to understand foreign grant taxation…
H1B Visa Taxes for Artists Selling Work in the USA
H1B visa holders who are artists selling their work in the U.S. should be aware of the tax…
H1B Visa Taxes: Understanding Expatriate Tax Obligations for Short-Term Assignments
If you're on an H1B visa and your U.S.-based company sends you to work in another country, your…