If you are a US person and receive an inheritance from a foreign person, you could have additional reporting requirements.
Accounting
97 posts
The tax professionals at AZ tackled many unique returns this year and found a trend: there’s some confusion as to when foreign individuals may need to file a US return.
In March of 2021, Congress passed the American Rescue Plan Act (ARPA) and expanded the Child Tax Credit (CTC) temporarily.
NASBA recently announced Rick Reisig, CEO, CPA, & Shareholder, of Montana-based Anderson ZurMuehlen, as their selection for vice-chair, 2021-2022.
Monetary transactions look much different than they did when we were kids.
Does the thought of another budgeting cycle feel overwhelming? At Anderson ZurMuehlen, we understand the budgeting process can be challenging.