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Bambridge Accountants New York

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How U.S. Expatriates Will Impact the 2020 Presidential Election, Reports Bambridge Accountants New York

How U.S. Expatriates Will Impact the 2020 Presidential Election, Reports Bambridge Accountants New York

How U.S. Expatriates Will Impact The 2020 Presidential Election, Reports Bambridge Accountants New York. Survey found that 45% of eligible U.S. expat voters, who had not voted in the 2012 or 2016 election, will 'definitely' be voting this year. In…

Record Year for Americans Giving Up Citizenship, Reports Bambridge Accountants New York

Record Year for Americans Giving Up Citizenship, Reports Bambridge Accountants New York

2020 is the record year for Americans giving up their citizenship, according to research by the Enrolled Agents and accountants of Bambridge Accountants New York. ·      6,045 Americans gave up their citizenship in the first nine months of 2020  ·  …

IRS Has 2.5 Million 2019 Tax Returns Still to Be Processed, Reports Bambridge Accountants New York

IRS Has 2.5 Million 2019 Tax Returns Still to Be Processed, Reports Bambridge Accountants New York

During testimony to a House Oversight and Reform Committee, IRS Commissioner Charles Rettig confirmed this month that the IRS still has 2.5 million 2019 federal returns to be processed. Those returns are all paper federal tax returns filed for the…

President Trump Focuses on 'Made in America' for Second Term, Reports Bambridge Accountants New York

President Trump Focuses on 'Made in America' for Second Term, Reports Bambridge Accountants New York

The President’s re-election campaign released a set of core priorities for a second term outlining his tax policies, reports Bambridge Accountants New York. Included in the plan, is The Made In America Tax Credit, which the campaign says would provide…

Chancellor Eyes Raising UK Capital Gains Tax to 40%, Reports Bambridge Accountants

Chancellor Eyes Raising UK Capital Gains Tax to 40%, Reports Bambridge Accountants

As UK debt has risen above £2 trillion, Chancellor Rishi Sunak is being advised by the Treasury to raise the top rate of UK capital gains tax to 40%, reports Bambridge Accountants. The Chancellor is expected to deliver his next budget…

If Approved by the Senate, Kamala Harris Proposal Would Pay Americans $3,000 per Year, Reports Bambridge Accountants New York

If Approved by the Senate, Kamala Harris Proposal Would Pay Americans $3,000 per Year, Reports Bambridge Accountants New York

Now the presumptive Democratic nominee for Vice President, California Senator Kamala Harris proposed a $3,000 payment for individuals ($6,000 for families) per year, reports the Enrolled Agents and accountants ​Bambridge Accountants New York. According to the Federal Reserve’s 2019 Survey of Household Economics and Decision…

America's Fastest-Growing Private Companies – Inc. 5000 Lists Bambridge Accountants New York

America's Fastest-Growing Private Companies – Inc. 5000 Lists Bambridge Accountants New York

Inc. magazine today revealed that Bambridge Accountants New York is No. 353 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the…

Americans Continue Giving Up Citizenship at Record Levels Reports Bambridge Accountants New York

Americans Continue Giving Up Citizenship at Record Levels Reports Bambridge Accountants New York

Americans are continuing to renounce their citizenship at the highest levels on record, according to research by the Enrolled Agents and accountants Bambridge Accountants New York. ·      5,816 Americans gave up their citizenship in the first six months of 2020  ·…

Second Round of $1,200 Stimulus Checks Announced With HEALS Act, Reports Bambridge Accountants New York

Second Round of $1,200 Stimulus Checks Announced With HEALS Act, Reports Bambridge Accountants New York

Republicans have proposed a second $1,200 stimulus check for Americans and $500 for each dependent, reports the Enrolled Agents and tax advisers Bambridge Accountants New York. The HEALS Act (Health, Economic Assistance, Liability Protection, and Schools Act) includes: A second $1,200…

Perfect Time for Americans Overseas to Catch Up With Taxes, Reports Bambridge Accountants New York

Perfect Time for Americans Overseas to Catch Up With Taxes, Reports Bambridge Accountants New York

Americans are in the relatively unique situation that they still have to file U.S. tax returns after they leave the U.S. Although that is a burden that most U.S. citizens would rather not have, for 2020 there may be a silver…

President Trump Announces Tax Credit Plan for Visiting Restaurants and Traveling in the U.S., Reports Bambridge Accountants New York

President Trump Announces Tax Credit Plan for Visiting Restaurants and Traveling in the U.S., Reports Bambridge Accountants New York

The Explore America Tax Credit would provide tax relief, proposed at $4,000 per household, for Americans to go back to restaurants and domestic travel, reports Bambridge Accountants New York. In remarks at a recent roundtable at The White House with…

Small Businesses to Face Biggest Tax Increase in Years Under Vice President Biden's Tax Proposals Reports Bambridge Accountants New York

Small Businesses to Face Biggest Tax Increase in Years Under Vice President Biden's Tax Proposals Reports Bambridge Accountants New York

Former Vice President Joe Biden, the presumptive Democratic nominee for president, plans to issue the biggest tax increase in years for small businesses report Bambridge Accountants New York. The key policies of Vice President Biden's tax plans are: - phase…

New York Revenues' Worst Fall Since Great Depression Reports Bambridge Accountants New York

New York Revenues' Worst Fall Since Great Depression Reports Bambridge Accountants New York

New York saw a drastic fall in state income for April 2020, reports Bambridge Accountants New York. According to the monthly figures released by the State Comptroller for New York, the key notes are: - New York state tax receipts are down…

IRS Provides Relief for U.S. Expats Reports Bambridge Accountants New York

IRS Provides Relief for U.S. Expats Reports Bambridge Accountants New York

Recognizing the impact of Covid-19, the IRS has provided relief for U.S. expats claiming the foreign earned income exclusion report Bambridge Accountants New York. -       The IRS and Department of Treasury have provided a waiver of the time requirements to claim…

Americans Giving Up Citizenship Faster Than Ever Before Reports Bambridge Accountants New York

Americans Giving Up Citizenship Faster Than Ever Before Reports Bambridge Accountants New York

Americans are renouncing their citizenship at the highest levels on record, according to research by the Enrolled Agents and accountants Bambridge Accountants New York. ·      2,909 Americans gave up their citizenship in the first 3 months of 2020  ·      Showing a…

Streamlined Filing Procedure – Catching Up With US Returns 2020, Published by Bambridge Accountants

Streamlined Filing Procedure – Catching Up With US Returns 2020, Published by Bambridge Accountants

Streamlined Filing Procedure - Catching Up With U.S. Returns 2020 has been published by the Enrolled Agents and accountants Bambridge Accountants. ·      Explanation of the two types of streamlined filing compliance ·      How to catch up with U.S. tax returns without penalties ·      Amending U.S.…

Bambridge Accountants New York Listed in FT Americas' Fastest Growing Companies

Bambridge Accountants New York Listed in FT Americas' Fastest Growing Companies

Bambridge Accountants New York, the award-winning tax advice and preparation firm, has been recognized as one of the FT Americas’ Fastest Growing Companies. The Financial Times inaugural ranking highlights 500 businesses “for whom innovation and creativity have paid off”. The FT…

Edging Closer to IRS Delaying Filing Deadline Reports Bambridge Accountants New York

Edging Closer to IRS Delaying Filing Deadline Reports Bambridge Accountants New York

Reps. Josh Gottheimer (D-N.J.) and Paul Mitchell (R-Mich.) are calling on the IRS to extend the tax filing deadline in response to the coronavirus pandemic report by the Enrolled Agents and accountants Bambridge Accountants New York. In the letter to the IRS Commissioner Charles Rettig on Friday, they…

Less Than 3% of US Citizens Overseas Report Foreign Accounts Each Year Reports Bambridge Accountants New York

Less Than 3% of US Citizens Overseas Report Foreign Accounts Each Year Reports Bambridge Accountants New York

FATCA is failing with less than 3% of US citizens overseas reporting foreign accounts each year according to a review by the Enrolled Agents and accountants Bambridge Accountants New York. Under intrusive tax laws, US citizens are required to report foreign bank accounts…

US Expats' Tax Guide for Filing Season 2020 Published by Bambridge Accountants

US Expats' Tax Guide for Filing Season 2020 Published by Bambridge Accountants

The US Expats' Tax Guide for Filing Season 2020 has been published by the Enrolled Agents and accountants Bambridge Accountants. ·      Explanation of who needs to file as a US expat ·      How to claim foreign tax credits and the foreign earned income exclusion to…

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