US UK Tax Accountants — Domicile and Residency Planning
Introduction US UK tax accountants who advise on domicile and residency planning for long-term UK residents understand a question that comes up repeatedly for HNW US citizens who have been in the UK for more than 15 years: is it worth breaking UK residence to reset the deemed domicile clock — and if so, what […]
Tax Specialist for US and UK — Renunciation Planning Checklist
Introduction Tax specialists for US and UK advisers who guide clients through the renunciation of US citizenship understand one fundamental rule: every planning action that can reduce the exit tax exposure must be completed before the renunciation date. Once the renunciation is complete, the Section 877A exit tax is fixed — based on the fair […]
 US UK Cross-Border Tax Specialist — Property Capital Gains
Introduction US UK cross-border tax specialist advisers who handle UK property sales for US citizens manage four separate tax calculations simultaneously — UK private residence relief, the US Section 121 principal residence exclusion, the US net investment income tax, and the relationship between the US capital gains tax and the UK CGT on the same […]
 US and UK Tax Advisors — IHT Mitigation Business Relief
Introduction US and UK Tax Advisors who specialize in inheritance tax mitigation approach the problem differently from UK-only estate planners, because every mitigation action must be tested against both UK IHT rules and US estate tax rules before it is implemented. A strategy that reduces UK IHT exposure may create an unexpected US gift tax […]
 Accountants for US and UK — PE Partner Moving to UK
Introduction Accountants for US and UK who advise private equity partners relocating from the US to the United Kingdom face one of the most complex onboarding tax scenarios in cross-border practice. A mid-career PE partner arrives in London with existing carry positions in US-domiciled funds, co-investment rights in portfolio companies across multiple jurisdictions, a carried […]
 IRS Streamlined Penalty Relief Guide
Introduction IRS Streamlined Filing Experts are the advisers who handle the most stressful scenario in US expat tax: the moment HMRC first contacts a US citizen, before the taxpayer has had a chance to make a voluntary disclosure. Whether it is a nudge letter, a formal inquiry, or a Code of Practice 9 investigation, the […]