Protax Consulting Services

10/23/2026

FBAR penalties can be substantial, but the right relief strategy depends on your facts, filing history, and exposure—not guesswork. “FBAR Penalty Relief: Choosing the Right Path” explains how key IRS compliance options differ and where taxpayers can create additional risk by choosing the wrong approach. For U.S. persons with foreign accounts, informed decisions are essential to resolving reporting issues with precision and protecting long-term compliance.

https://protaxconsulting.com/blog/fbar-penalty-relief/

10/14/2026

IRS IR-2026-120- IRS announces it has joined forces with the UK’s HMRC in partnership to identify and fight global tax evasion and strengthen cross border compliance.

US Expat expatriate and foreign national extensive tax focus, including high-net worth and representation. | IRS highlights partnership with UK tax authority’s new whistleblower program

10/09/2026

Living abroad does not remove your U.S. tax obligations—and offshore accounts, foreign income, and asset reporting can create serious compliance exposure. Our guide to offshore compliance explains the key IRS filing requirements, common reporting pitfalls, and practical steps for U.S. citizens and green card holders overseas. For internationally mobile individuals and families, precision matters; informed compliance is the foundation of long-term peace of mind.

https://protaxconsulting.com/blog/offshore-compliance-us-taxpayers-abroad/

10/07/2026

Investing overseas can create unexpected U.S. tax exposure when foreign mutual funds, ETFs, or similar pooled investments are classified as PFICs. The rules are complex, reporting requirements can be extensive, and the wrong tax treatment may result in punitive rates and avoidable penalties. Our latest article explains how PFIC taxation works and why careful planning matters for Americans building and managing global investment portfolios.

https://protaxconsulting.com/blog/pfic-taxation-americans-investing-overseas/

10/03/2026

The Foreign Housing Exclusion can reduce U.S. tax for qualifying Americans abroad—but only when the residency, income, expense, and limitation rules are applied correctly. Housing costs, employer-provided benefits, and the Foreign Earned Income Exclusion can interact in ways that create costly errors. Protax Consulting’s guide explains the rules with the precision expected in complex international tax matters, helping expatriates make informed decisions and maintain defensible compliance.

https://protaxconsulting.com/blog/foreign-housing-exclusion-rules-expats/

10/01/2026

Are you unsure whether you should be filing as a 1040-NR or as a Resident Return? The difference can affect everything—tax treatment, foreign income positions, available exclusions, credits, and the information reporting that comes with compliance. In our latest article, we break down the residency tests and practical factors that determine which return applies, so you can avoid costly misclassification. If you’re U.S.-connected and living or working abroad, this is the clarity you need to handle the IRS rules with confidence.

https://protaxconsulting.com/blog/1040nr-versus-resident-return/

09/29/2026

If you’re a U.S. taxpayer with foreign pension income, the reporting can be as important as the tax itself—and the IRS rules are unforgiving. Our latest article breaks down what foreign pension reporting requires, how it can impact your Form 1040 and related schedules, and where mistakes commonly trigger costly follow-up. With Big Four-level rigor and specialist international tax experience, Protax helps you get cross-border compliance right the first time. For anyone handling U.S.-connected pensions abroad, this is the practical, expert guidance you’ll want in your toolkit.

https://protaxconsulting.com/blog/foreign-pension-reporting-us-taxpayers/

09/23/2026

If you’re an UAE resident with U.S. filing obligations, the difference between “resident” and “tax resident” can drive very different outcomes. This guide breaks down what the IRS considers a U.S. tax return for UAE residents, how residency tests interact with cross-border income, and where taxpayers commonly get tripped up on exclusions, credits, and reporting. Written with the depth of Big Four-level international tax experience, it’s designed to give you clarity before you file and protect you from costly compliance mistakes.

https://protaxconsulting.com/blog/us-tax-return-for-uae-residents/

09/19/2026

Treaty benefits can lower your U.S. tax bill—but only if you claim them the right way on the return, with the correct documentation and reporting. In this expert guide, we walk through what you must establish, which forms and disclosures typically matter, and how to avoid common missteps that can trigger IRS questions or costly adjustments. If you’re a U.S.-connected taxpayer with cross-border income, this is the difference between “filing” and getting treaty treatment done correctly.

https://protaxconsulting.com/blog/how-to-claim-treaty-benefits/

09/17/2026

In IRS Tax Tip 2026-46 the IRS reminds taxpayers of the different types of business structures they can choose when setting up a new business, the type of tax year and the business Employer Identification Number (EIN).

US Expat expatriate and foreign national extensive tax focus, including high-net worth and representation. | Important steps for future business owners