Over the past year, we’ve been getting the same question again and again from U.S. citizens living in Israel and other countries:“How are we...
Executive Order 14247: What U.S. Citizens in Israel and Overseas Need to Know About IRS Refunds
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Trump Accounts Part 2 – Should You Add Family Funds to Your Dual-Citizen Child’s Trump Account?
Should You Add Family Funds to Your Dual-Citizen Child’s Trump Account?Short answer: usually not. For U.S.–Israeli families, the Trump Account looks...
If Everything is a PFIC, What Can I Actually Invest in?
In our earlier article, “PFICs: A Practical Guide for the Perplexed,” we explained what Passive Foreign Investment Companies are, why they catch so...
Congress Fixes IRS Math Errors
H.R. 998 – Internal Revenue Service Math and Taxpayer Help Act A new bill to make IRS "math error" notices cleaner and more fair. 1. Legislative...
US–Israeli Citizens — The Next Generation
(Plain-English guide for parents, adult kids, and the new grand-babies) by I. David Waxman, EA The story so far Many years ago, you left the alter...
Coping with the War, Coping with Taxes
by I. David Waxman, EA Israel Disaster/Terror Relief: What It Means for Your U.S. Taxes (2023–2026) A note from the Cole Waxman team Like all of the...