Blog

The knowledge and insight from NZ US Tax Specialists, demonstrating our understanding of complex tax issues and challenges facing our clients.

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

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...

Support given to COVID-19 Appeal – Middlemore Foundation

By Gina Gatchell, Director. New Zealand's current outbreak of the COVID-19 delta strain could not have come at a worse time for kiwis already in need. As we come through the last months of our winter, children especially are without essential things like food,...

IRD eyes on real estate agents in newly announced campaign

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

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...

IRS issuing Economic Impact Payment #3

Seventh round of IRS Economic Impact Payments commenced last week The IRS has commenced disbursing the seventh round of pandemic-related government payments referred to as Economic Impact Payments. This payment represents the third Economic Impact payment,...

We are back on deck and it’s full steam ahead!

Our office has reopened as of 18 May, 2020. We would again like to acknowledge our clients, staff and suppliers for their support during this unprecedented era. If you would like to make an appointment to see one of our team,...

Pre-migration planning for US citizens

By Gina Gatchell, Director Some of the less well-known tax issues Individuals with US citizenship (US individuals) encounter when they move to New Zealand can be mitigated with effective tax planning, ideally prior to migration. The complexities from being dual...

Further tax relief for the Shakey Isles

by Gina Gatchell, Director The act provides: Arrangements for carrying back net tax losses to provide cash flow quickly to any and all taxpayers with or expecting tax losses due to COVID-19. A first in the history of New Zealand taxation, the government has introduced...