713-487-8005 info@kvelltax.com

Resources

Tax forms & helpful links

Useful Links
    • Track IRS Refunds Track the status of your tax refunds on the IRS website
    • Paycheck Checkup Avoid surprises by checking whether your W-4 withholding is sufficient to cover your tax liability
    • Quick Link For IRS forms and instructions on how to complete the forms
    • Quick Link For small business 
    • Quick Link For Self-employed
    • Sharing Economy If you earn money through airbnb, Uber and all other online platforms, this link is for you to understand your tax obligation
    French CSG and CRDS Eligible as a Foreign Tax Credit

    In 2019, the United States and France came into an agreement that French Contribution Sociale Generalisee (CSG) and Contribution au Remboursement de la Dette Sociale (CRDS) taxes are not social taxes. Individuals who paid or accrued CSG and CRDS but did not claim them, can file amended tax returns to claim a foreign tax credit.

    Source

    IRS Relief Procedures for Certain Former US Citizens

    The IRS recently announced a relief procedure for certain individuals who have relinquished their U.S. citizenship and who wish to come in compliance with the U.S. tax laws. The following criteria must be met to be eligible for the relief procedure:

    1. Relinquised U.S. citizenship after March 18, 2010
    2. No filing history as a U.S. citizen or resident
    3. Net worth is less than $2,000,000 at the time of repatriation
    4. Aggregate total liability of $25,000 or less for the five years preceding expatriation

    Source

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      713-487-8005