US Tax Consultants

A natural person is fiscal resident in Spanish territory when any of the following circumstances occur: They have stayed longer than 183 days in Spanish territory over the calendar year. To determine this period of permanence, sporadic absences will be counted unless the taxpayer proves his tax residence in another country (through a certificate of tax residence issued by the tax authorities of that other country). In the case of countries or territories labelled as tax havens, the Tax Administration can demand proof of stay in that tax haven over a period of 183 days within the calendar year. Keep reading 🔗 https://lnkd.in/dMRv8pbf #TaxResidentsInSpain #AEAT #Taxpayer #USTaxConsultants

At U.S. Tax Consultants, we understand the importance of staying informed about your tax filings. That's why we've developed our innovative 'Tracking Model System' – a cutting-edge information system designed to keep you updated at every stage of your Modelo 720 process.  With this system, you'll have the peace of mind that comes from knowing exactly where your return stands at any given moment.  From initial submission to final approval, our Tracking Model System offers transparency, ease, and control, ensuring you're never in the dark about your tax status.  Embrace the convenience of real-time updates and personalized tracking with U.S. Tax Consultants – your partner in efficient and transparent tax management. Experience the ease and clarity our Tracking Model System brings to your tax management.  For more information and personalized assistance, please visit us at https://lnkd.in/dcf8S62r. We're here to guide you every step of the way! #TrackingModelSystem #TaxSimplified #FinancialClarity #GlobalTaxGuidance #UsTaxConsultants

Navigating U.S. and Spanish tax systems can be overwhelming, but US Tax Consultants is here to make it easier. Our comprehensive services cover everything from compliance with IRS and AEAT regulations to ensuring you meet critical deadlines stress-free.  To get started, simply provide the required documents outlined in our detailed checklist, and let our experienced team handle the complexities for you. With our support, you can avoid costly errors and focus on what truly matters.  Trust US Tax Consultants to optimize your tax filings and protect your financial future. List of documents required:  https://lnkd.in/d9Yt99km #TaxCompliance #ExpertAdvice #FinancialPeace #USTaxConsultants

With over five decades of experience, we have been dedicated to helping clients optimize their taxes in Spain since 1965.  Our expert guidance ensures that you get the most from your tax returns, securing your financial well-being. Keep reading 🔗 https://lnkd.in/es6ydAH #TaxBenefits #OptimizeTaxes #FinancialWellbeing #USTaxConsultants

It depends! You only need to file the Modelo 720 again if there have been significant changes to your previously declared assets.  If any declared asset has been cancelled, or if there’s an increase of more than €20,000 in any asset category (bank accounts, investments, real estate), then you must re-submit. For cryptocurrencies, you’ll need to declare them using Modelo 721 if the portfolio value exceeds €50,000 on December 31st. Stay compliant and consider expert advice to avoid penalties. 👉 Keep reading 🔗 https://lnkd.in/dDTSVJaW #Modelo720 #Modelo721 #Taxes #UsTaxConsultants

An Individual Taxpayer Identification Number (ITIN) is a 9-digit number the Internal Revenue Service (IRS) issues to people filing a tax return who are not U.S. citizens and who do not have or are not eligible for a Social Security number. You can only use your ITIN for tax reporting purposes. If you need assistance with your ITIN application, please have a look at our whitepaper “Individual Taxpayer Identification Number ITIN in English and Spanish” or call our office from 9am to 2pm +34 915 194 392 or [email protected] Keep reading 🔗 https://lnkd.in/dwydJy8x #ITIN #IRS #TaxReporting #USTaxConsultants

The application of regional regulations on Inheritance and Gift Tax by a non-resident taxpayer is a right and not an option.  Every tax option must describe a regulatory alternative, consisting of choosing between different and exclusive tax legal regimes. Keep reading 🔗 https://lnkd.in/dQ8i4qah #Tax #InheritanceAndGift #NonResidents #USTaxConsultants

New deduction for investments for non-residents who become IRPF taxpayers in the Autonomous Community of Madrid. The deduction will amount to 20% of the acquisition value of certain assets and will require maintaining the investment and residence for several years. Law 4/2024, of November 20, was published to establish a deduction for investments by new taxpayers from abroad in the field of IRPF. Keep reading 🔗 https://lnkd.in/dADRHjYD #DeductionForInvestments #CommunityOfMadrid #IRPF #USTaxConsultants

US Tax Consultants offers a free, no-obligation consultation through our website. We specialize in taxes in both the United States and Spain, and we understand the difficulties and challenges of having tax obligations in both countries. With deep knowledge of the double taxation treaty, as experts in both U.S. and Spanish taxation, we provide the best way to prevent problems. A U.S. citizen who is a tax resident in Spain can benefit from using a single tax preparer for all their taxes for several key reasons, outlined below. Keep reading 🔗 https://lnkd.in/dhGVQAkP #Taxes #Spain #TaxPreparer #TaxObligations #UsTaxConsultants

Since 1965, we’ve been guiding American expats through the complexities of taxation. With over 50 years of experience, our expertise in both IRS and AEAT systems, and knowledge of the double taxation treaty, ensures you avoid costly mistakes. 👉 Keep reading 🔗 https://lnkd.in/dHbWh8er #ExpatsTrustUs #TaxExperts #50YearsExperience #UsTaxConsultants