Episode 8: US Tax Extensions for Filers in Israel скачать в хорошем качестве

Episode 8: US Tax Extensions for Filers in Israel

In this conversation, Yaacov Jacob and Philip Stein discuss the unprecedented tax extensions granted by the IRS for US citizens living in Israel due to recent events. They explore the implications of these extensions for tax planning, the importance of understanding state tax requirements, and the opportunities to maximize benefits from these extensions. The discussion also covers the nuances of citizenship and social security for children born abroad, the Streamline program for tax compliance, and the complexities surrounding FBAR filings. Overall, the conversation highlights the unique challenges and opportunities faced by US citizens abroad in navigating their tax obligations. Chapters 00:00 Navigating Unprecedented Tax Extensions 02:21 The Impact of Extensions on Tax Planning 05:08 Understanding the IRS and State Tax Dynamics 07:57 Maximizing Tax Benefits with Extensions 10:42 Citizenship and Social Security for Children Born Abroad 13:26 Streamlining Tax Compliance for Expats 16:08 FBAR Filing and Its Implications 18:47 Opportunities for Tax Planning in Relocation Subscribe to our podcast:    • PSA Podcast: People, Stories, Accounting   Let us know your comments and suggestions for more topics, and learn more about our firm at https://www.pstein.com/