New Zealand and United States Tax Consultants

Chartered Accountants & IRS Enrolled Agent

Responsive, Engaging, Resolving.

Don’t gamble when it comes to your taxes.
Whatever your tax issue, we will resolve it.

Work with us and enjoy the NZ US tax difference:

experience, expertise, excellence.

Current hours and availability: Due to the current status of Auckland (Alert level 3), we are operating virtual appointments only. From Friday 3 December 2021 we will be operating by pre-arranged appointment only (at our Customs St location, or virtual appointment).

Christmas Hours: We will be closed for the Christmas break from Thursday 16 December 2021-Tuesday 4 January 2022, reopening Wednesday 5 January 2022.

ARTICLES

We are in this together. Donation to Middlemore Foundation’s COVID-19 Appeal made today.

Oct 15, 2021

By Gina Gatchell, Director. Auckland's delta outbreak has worsened over recent days. The city has now been in lockdown for more than two months, with community cases of delta on the rise. Many COVID-19 cases have emerged in areas of Auckland that are already under...

Increased charitable contribution deduction for taxpayers filing jointly claiming the standard deduction

Sep 20, 2021

By Gina Gatchell, Director. The IRS announced over the weekend that taxpayers filing jointly will be allowed to claim up to US $600 in donations to qualified US charitable organizations on their 2021 US return. This is up from the current level of US $300 available to...

Corporate donation to Middlemore Foundation’s COVID-19 Appeal given today

Sep 17, 2021

By Gina Gatchell, Director. The Middlemore Foundation assists vulnerable families in New Zealand who are immensely impacted by the COVID-19 pandemic. The current Level 4 Alert status in Auckland has only worsened the living conditions for these families. Many families...

If your tax situation is complex and involves multi-jurisdiction tax law, foreign tax and currency regulations, and potential gray areas, then you need a specialised tax service. One that offers you access to strategic tax advice. Our experts can make judgment calls based on extensive experience.

Auckland-based NZ US Tax Specialists Ltd is a boutique Tax Advisory and Accountancy firm, providing international tax services to

United States citizens living in New Zealand who have personal or corporate tax obligations in the US,
New Zealand citizens based in the United States who have personal or corporate tax obligations in New Zealand,
Organizations that have multi-jurisdiction tax requirements and obligations, and
High net worth individuals (HNWI) who require tax expertise.

Q & A with our Experts

Q

We purchased our home in New Zealand and have just sold it and repaid our mortgage. With respect to the repayment of the mortgage are there any US tax implications we need to be concerned about?

A

No. Whilst certain foreign currency-denominated debt instruments are subject to Internal Revenue Code provisions requiring foreign currency gain and/or losses to be recognized as ordinary income, the disposition of a foreign financial instrument by an individual, provided the instrument was acquired for personal use, will not give rise to recognizable foreign currency gain or loss on disposition.

LATEST NEWS

Increased charitable contribution deduction for taxpayers filing jointly claiming the standard deduction

Sep 20, 2021

By Gina Gatchell, Director. The IRS announced over the weekend that taxpayers filing jointly will be allowed to claim up to US $600 in donations to qualified US charitable organizations on their 2021 US return. This is up from the current level of US $300 available to...

IRD eyes on real estate agents in newly announced campaign

May 31, 2021

By Gina Gatchell, Director It has come as no surprise that Inland Revenue has started a new campaign to review the taxable income being declared by real estate agents. The campaign was announced on 11 May 2021. It was triggered by information falling into the hands of...

IRS and FinCEN up the ante on virtual currencies and digital assets

May 9, 2021

By Gina Gatchell, Director The cat and mouse chase which has evolved over the years since the first virtual currency emerged is turning into a large-scale operation. In March 2021, the IRS civil office of fraud enforcement partnered with the agency’s criminal...

What our Clients Say

Kiwis with US-sourced income and Yankees resident or working in New Zealand have a lot in common: dual taxation. The two countries’ taxation systems are quite dissimilar and that which is taxable in one jurisdiction may or not be in the other – to say nothing of foreign bank reporting requirements. Anyone who has faced these issues knows that working with and through them successfully is not for the faint-hearted. Happily, this is the space in which NZ-US Tax Specialists thrives. Their personal service is unmatched in my New Zealand experience, and their knowledge, far-sightedness, and thoroughly professional approach to clients’ needs give me cause to recommend them unreservedly.

Dr WE Dunn, Takapuna. 1 May 2019

RECOMMENDATIONS

Our premium service is tailored to individuals, families, trusts and organizations that expect and appreciate highly personalised, discreet and professional tax services. These services are delivered by specialists who are technically competent in New Zealand and US tax law and financial regulations.

We offer three major categories of tax accounting and advisory services. All delivered by fully qualified, experienced in-house professionals:

New Zealand tax return preparation and filing
US tax return preparation and filing
International taxation advice

Clients who use both our NZ and US tax services benefit from our holistic approach to tax law compliance. However, we can tailor our service offering to meet your needs, attending to all your requirements personally since we never outsource.

Our strategies will reduce or limit the impact of taxes on your income, assets and investments while remaining fully compliant with tax law and financial regulations.

ABOUT US