@jamesbakercpa: Thinking about becoming a U.S. Citizen? Here’s what you need to know! 🇺🇸 👉 If you’re from a country where a passport doesn’t offer much mobility, U.S. citizenship might be a game-changer for you. But if you’re from countries like England, Spain, or even Mexico, think twice! 🌍 🌟 Key Points to Consider: 1️⃣ Worldwide Income Tax: As a U.S. citizen, you’ll need to pay taxes on all your global income—no matter where you live. That’s a big commitment! 💸 2️⃣ Other Benefits: Sure, there are perks to having a U.S. passport, but tax benefits aren’t one of them! 🛂 Alternative Option: If you love traveling to the U.S. but want to avoid the tax burden, consider an E2 visa or a non-immigrant visa! Spend less than 120 days a year in the U.S. and enjoy your visits without becoming a tax resident. 🙌✈️ I’m not an immigration attorney, but I can connect you with trusted experts and help you structure things to minimize your tax liability. If you want more personalized advice, DM me! Let’s navigate this together! 💬 #taxes #internationaltax #cpa #accountant #taxconsultant #IRS #llc #llcusa #business #savemoney #citizenship #american #uscitizenship

Jim Baker

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Region: IT

Wednesday 13 November 2024 16:33:18 GMT