Do American expats have to report foreign registered companies?


Are you an American that has chosen to live in another country? Did you start or join a business in your new country? An expat may have many questions about your foreign registered company. One of those questions might be if you must report your companies to the IRS. Americans are required to report all of their foreign registered companies to the IRS using Form 5471. A foreign registered company is any company that is registered overseas. Form 5471 is the way for the IRS to understand who has a…

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The Top 5 reasons Why People Go Bankrupt


Bankruptcy comes with social stigma, and many people feel guilt and shame for having to resort to it, but it’s not usually the result of bad decision-making. It tends to happen because of unexpected financial hardship. And if you don’t have a high-income and already carry some debt, those credit card balances and loan payments can quickly become overwhelming and leave you with no other choice but filing for bankruptcy to get some relief. Knowing about the main causes of bankruptcy can help you equip yourself a little bit better…

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Advice on Hiring Employment Attorney

Hiring Employment Attorney

You might be thinking that it’s a great idea to go through with outsourcing your employment law needs, but there are some things you should know before you reach out. This article has some advice for hiring an attorney that will cover everything from how to avoid legal pitfalls, what they can and cannot do, and how much they’ll cost.  There are many steps involved in creating content for your blog post or website – planning out the topic you want to cover, doing research on related topics so that…

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How to Invest Your Family’s Wealth in Hong Kong?

Family's Wealth in Hong Kong

One of the most important tasks that a family can face is money management. At this point, you might be lost with how to invest your money or what to do with your investments. With an article from a trusted Hong Kong financial advisor, you’ll learn all about investing in Hong Kong and everything necessary for you to make wise decisions. Hong Kong is known for having an incredibly strong market and currency, but this doesn’t mean it’s always easy to invest.  In fact, most of us don’t even know…

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Top 6 Frequently Asked Questions About UK Bookkeeping Software

Here’s looking at some of the most commonly asked questions about UK bookkeeping software:  Is Microsoft Excel a bookkeeping software? Microsoft Excel has remained one of the most reliable and widely-used tools for bookkeeping and accounting, especially by small business managers. Excel continues to work effectively for new or small businesses because they have fewer finances to keep track of, which makes report generations on budgets and forecasting easier. However, where medium to large enterprises are concerned, Excel may not be an ideal solution for your accounting and bookkeeping problems. …

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How to avoid financial surprises in 2022

Financial surprises

Who Likes a Surprise? Personal finance is extremely personal. Over the course of the pandemic, families have seen ups and downs when it comes to their finances. For some families, there has not been much of a change in their income, but other families lost their jobs, and they were dependent on social services for some time. The surprises that occurred over 2020 and 2021 have caused families to take a second look at their budgets and their strategies for planning for the future. In reality, prevention is the key.…

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Why It Is Really Difficult To Pay Of Credit Card Debt

Why It Is Really Difficult To Pay Of Credit Card Debt Credit Associates

Ideally, everybody wants to pay off their credit card bills in time, every month. But this may not happen every time as emergencies might come up at any time. If you facing trouble in clearing your credit card debt, you are not alone. Having a credit card balance isn’t necessarily a bad thing as long as you clear it on your every billing cycle. If you are using credit cards for building your credit score or for rewards, is a good choice. If you carry forward your credit card balance,…

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Your Ultimate Guide to Family Wealth Management

Family Wealth Management

The family wealth management industry is estimated to be valued at $500 billion dollars worldwide. This article explores the many benefits that Hong Kong’s family wealth management services offer to people of all backgrounds. When asked about their financial plans for the future, many people will say they want to start a family and spend their time raising children.  Others might say they want to get married and start a family. Others still may be happy with just staying single and focusing on other aspects of their life. Whatever the…

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Best Money-Saving Tips When Dining Out

All humans need to eat for a living. Whether you eat at your doorstep or the restaurants, you have to eat for your survival. Similarly, some people love to eat when they are sad, happy, and even in anger. Furthermore, many people celebrate their anniversaries, birthdays, and unforgettable moments at restaurants and hotels. At this point, the dining bill can crash your mind. Therefore, we are giving the best solutions to reduce the restaurant’s invoices. Moreover, you can take the suggestions from in a timely manner to stay updated…

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5 ways to save money with Wholesale club in Canada

Earlier, you must have shopped from various grocery stores and their weekly flyers or ads. But have you tried buying in bulk or visiting wholesale club stores yet? If not, this article will discuss wholesale club flyers & stores, where you can enjoy a handful of benefits while saving money. However, you must have heard about wholesale clubs having huge fan-following where regular people and even celebrities like – Jimmy Kimmel or Chrissy Metz chose to visit wholesale club stores. While your wallet might not be as manageable as they…

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