Filing taxes in the US is generally a stressful process. It's extra stressful for those who are new in the US, especially since filing taxes in the US is very different from other countries.

In this episode, we discuss different aspects of filing taxes for both US tax residents and tax nonresidents. We start by discussing dates and different deadlines. We then move on to information gathering - what are the key pieces crucial for completing US taxes?

Tax forms that you provide the info - most of these forms have already been provided to the IRS.

We then move on to refunds and some of the cultural issues that come through.

Other items we discuss include

• Withholding/underholding and the consequences of that.
• Ways of mitigating paying high taxes
• Foreign assets reporting, foreign income, tax treaties, foreign tax credits
• How and where to file taxes (self-software, tax-filing firms, CPAs/EAs, etc)

We end with a call to be proactive, including self-education, as the more you understand, the easier it will be to plan for the long term.

The speakers' views and opinions discussed in this episode, should not be considered financial, tax, or legal advice. Consult your advisor for any legal, cross-border tax, and financial advice.

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