U.S. Taxes for Non-Citizens Made Easy!

Income, payroll, gift, estate and exit taxes for the non-US citizen visiting the U.S. for a day, temporarily or indefinitely are very complicated. This easy to read and understand book identifies the tax traps that await the non-U.S. citizen. These traps can be avoided if you know where they are. It is important to learn about them before you come to the US so you can rearrange your assets to minimize global taxes. Penalties are discussed so you know what can happen to you even if you don't have a requirement to file a U.S. return you could have a requirement to file a disclosure document. Penalties for not disclosing your international entanglements start in the $10,000 per failure range and go up from there - including jail time! if you don't comply. The US rules are substantially different than any other rules in any other country. And - you can read about these things in the privacy of your home without sharing your personal situation with anyone until you are ready to do that. Since you can't vote in the U.S. no lawmaker is going to give you any tax breaks. Students in the U.S. need this information because it is so easy for them to accept a job in the U.S. and become a tax resident before they know it. Everyone outside the U.S. thinks that since they pay taxes at home they are not liable for U.S. taxes - WRONG! Or they think a tax treaty protects them from U.S. taxes - WRONG! They need to file a US return "on time" (not when they get caught) to claim a treaty benefit. When you come to the U.S. on business you could also be causing your employer at home to be caught up in U.S. taxes. The author of this book has explained these rules to non-U.S. citizens for over 30 years as a U.S. tax adviser Certified Public Accountant. He has a Masters in Taxation and has specialized in this field. He made a point of making lots of examples for all the topics so you can relate to what you are doing and what it might mean to your employer.