What to do if You are Out of the Country on Tax Day

April 12, 2018
Out of country

The IRS has different definitions and rules for being ‘out of the country’ on Tax Day.

By Bethany Bouw

There are a variety of ways one may be considered ‘out of the country’ on the due date of individual income tax returns (April 17, 2018). In regards to filing the automatic two-month extension, the IRS has a slightly complicated definition of ‘out of the country’. You will want to make sure that you fully understand their definition in order to know when your due date is and how best to extend. Read more

Do I Qualify for the Automatic Two Month Extension?

April 12, 2018
Two Month Extension

Tax Day this year is April 17th, though some may qualify for the two month extension.

By Bethany Bouw

The due date for individual income tax returns (April 17, 2018) is nearly upon us. Some of you may be wondering if you qualify for the automatic two-month extension. Ryan & Wetmore is here to help you with your extension concerns. Read more

International Tax Technical Update- March 2018

March 15, 2018


The U.S. Tax Cuts and Jobs Act that was signed by President Trump on December 22, 2017, is said to be the most significant tax legislation in over three decades.  Most of the changes that were introduced went into effect January 1, 2018.  This alert will highlight several areas of the tax reform legislation that domestic relocation program managers and global mobility program managers should consider as it relates to their programs, their company and their assignees.  Read more

Foreign Property – Reporting My Ownership and Income…

March 15, 2018
Foreign Property

If you own foreign property, it is important to know how to classify it for proper reporting.

By Bethany Bouw

In today’s world, it is not uncommon for US citizens and residents to own property abroad. One only has to watch House Hunter’s International to see that there is an interest in owning property outside the US. Sometimes people buy foreign property to live abroad. Sometimes people buy foreign property to rent it out as an investment. And sometimes people buy foreign property for a hybrid personal/investment use. Read more

Don’t Forget Your Foreign Bank Account Report (FBAR)!

March 15, 2018

Those with a Foreign Bank Account Report filling due need to be aware of due date changes, and other important facts.

By Bethany Bouw

If you already know you have a Foreign Bank Account Report (FBAR) filing due, you may be aware that the due date has moved. That due date is coming up fast. In order to make sure you are prepared, we have prepared a five W (Who, What, When, Where, and Why) list for your benefit. Read on to make sure you are better informed about your filing needs. Read more

Foreign Trust Annual Reporting – Who, What, When, Where, Why?

February 12, 2018
Foreign Trust

Reviewing the Who, What, When, Where, and Why of foreign trust reporting.

By Bethany Bouw

Perhaps you remember from grade school considering the five W questions for a topic to make sure you really comprehended the material. Well, foreign trust reporting (Form 3520-A) is a topic that deserves this treatment to make sure you do not miss a crucial step and end up with a late filing. Let’s walk through the five W’s together: Read more