•  Info@ForsterBoughman.com
  •  Call Us: (407) 255-2055

Practice Areas

Pre-Immigration Planning and the Foreign Trust

Pre-Immigration Planning and the Foreign Trust

04 Oct 2024 Written by

Article Written for:  Florida CPA Today Magazine, FICPA Florida Institute of Certified Public Accountants

For U.S. income tax purposes, foreign trusts are treated as non-resident/non-citizens (NRNC), subject to U.S. income tax only on U.S. source income.[1]

Read more...
Pre-Immigration Planning with the Foreign Trust: The Intersection of Income and Estate Tax

Pre-Immigration Planning with the Foreign Trust: The Intersection of Income and Estate Tax

04 Mar 2024 Written by

Article Written for:  Florida Bar Journal

A foreign trust is generally treated as a non-resident/non-citizen (NRNC) for U.S. tax purposes. Foreign trusts are therefore subject to U.S. income tax only on U.S. source income.[1]

Read more...
Foreign Trusts: Income Tax and the Nonresident Noncitizen Grantor

Foreign Trusts: Income Tax and the Nonresident Noncitizen Grantor

13 Nov 2023 Written by

Article Written for:  the CPA Now, PICPA Pennsylvania Institute of Certified Public Accountants 

Foreign trusts generally incur taxable income similar to nonresident noncitizen (NRNC) individuals, with certain limitations on credits and deductions that are source income.1

Read more...
Forster Boughman & Lefkowitz

Our mission is to serve as a resource for complex domestic and international business transactions, tax, health law, asset protection, and related litigation.

Our firm is an approachable and economic alternative to large national and international law firms.  Se habla español.



 

Twitter Feed

Contact Info

ForsterBoughman
2200 Lucien Way, Suite 405
Orlando (Maitland), Florida  32751


Local:  (407) 255-2055

Toll-free:  (855) WP-GROUP

Email:  This email address is being protected from spambots. You need JavaScript enabled to view it.


Office hours:  Open weekdays
from 8:30 AM to 5:30 PM