Archer Solutions Blog

As a foreign national living in the US, you may have assumed that you won’t get a Covid19 payment from the IRS. Indeed, the CARES Act prohibits “nonresident alien” individuals from the payment. However, the term “nonresident alien” is defined by the Internal Revenue Service (IRS), not by United S...

As a foreign national living in the US, you may have assumed that you won’t get a Covid19 payment from the IRS. Indeed, the CARES Act prohibits “nonresident alien” individuals from the payment. However, the term “nonresident alien” is defined by the Internal Revenue Service (IRS), not by United S...

If you recently got a letter from the IRS (Notice 1444-A) about the Coronavirus Economic Impact Payment (EIP) you have until November 21, 2020 (3pm EST) to claim your money. These payments amount to up to $1,200 for single people, $2,400 for married couples, and $500 per each eligible child who i...

If you recently got a letter from the IRS (Notice 1444-A) about the Coronavirus Economic Impact Payment (EIP) you have until November 21, 2020 (3pm EST) to claim your money. These payments amount to up to $1,200 for single people, $2,400 for married couples, and $500 per each eligible child who i...

The IRS has told congress that it will begin issuing coronavirus economic disaster stimulus payments to families as early as this week. However, those expecting these funds by mail may have to wait until September to receive them.This article clarifies some  tax issues that are bothering our clie...

The IRS has told congress that it will begin issuing coronavirus economic disaster stimulus payments to families as early as this week. However, those expecting these funds by mail may have to wait until September to receive them.This article clarifies some  tax issues that are bothering our clie...

First, if you own cryptocurrency, the most practical tip I can give you is that you should harvest your losses before December 31. This will reduce your tax and boost your refund. Don’t expect your tax preparer to cook up some magic in 2020 if you ignore this tip. Now, let’s briefly review the ye...

 First, if you own cryptocurrency, the most practical tip I can give you is that you should harvest your losses before December 31. This will reduce your tax and boost your refund. Don’t expect your tax preparer to cook up some magic in 2020 if you ignore this tip. Now, let’s briefly review the y...

I represent foreign nationals and non-resident aliens in Washington DC, and the greater DMV area  who have IRS or State tax issues. In Part 1 of this article, I discussed how foreign nationals living abroad or in the U.S. can navigate the tax environment at the time of buying (or converting exist...

I represent foreign nationals and non-resident aliens in Washington DC, and the greater DMV area who have IRS or State tax issues. According to 2018 data from the National Association of Realtors, foreign and non-resident buyers accounted for 8% ($121 billion) of U.S. home sales. Given that most ...