Tax Planning

Contact us for an appointment to discuss your tax situation and requirements.

US Expat Taxes & You

For taxpayers with a year-end balance date, the last two months of the year provide a valuable opportunity to plan for tax liabilities. We can help you to avoid falling into many different tax traps. Our experts can assist with planning for your US expat taxes so you are never left exposed.

Effective tax planning will identify tax exposures that, without being addressed, lead to more tax being paid than would otherwise be due if some advance planning had been done.

Effective Tax Planning Across A Range Of Matters

We can assist you with effective tax planning as follows (the following list is not exhaustive):

  • By minimizing exposure to US taxation, NZ taxation including interest and penalties through matching, as much as possible, taxation liabilities in both countries. Includes a review of the marginal income tax rates in both countries, exposure to taxation of one country that is not imposed in another country, relief under the double tax agreement, availability of foreign tax credits, state taxation liabilities, timing of derivation of income, taxes withheld.
  • How to maximize deductions, review of available deductions, documentation requirements.
  • Discussion around the timing of return preparation and extension of time for filing requirements, especially so for US expat taxes. This is frequently affected by the availability of New Zealand documentation.
  • Quantification of the amount of estimated tax and/or provisional tax that should be paid for 2014, advising on the due dates and amounts. <<Is this an error?>>
  • Review of any entities formed, the US and NZ tax consequences and treaty provisions. Includes attribution of income and/or additional reporting requirements. For example; formation of a trust or a company, setting up in business through a company, whether there is income attributable to you directly that you may not know about, how the income earned by the trust or company will be taxed.
  • Review of disposal of property, planned or actual, and any ensuing capital gains tax liability, for example on real estate transactions, review of eligibility for the exemption of gain on sale of qualified residence.
  • Review of earned income and unearned income, including exposure to self-employment taxes, payroll taxes and the 3.8% Net Investment Income Tax.

There will always be something we can pick up and provide valuable advice on, no matter what your situation.

Multinational Tax Obligations

A tax presence in two or more countries warrants attention at a time during the year −

a) when the taxable income of an individual of one country is close to certain, due to the imminent close of the tax year; in the case of the United States, for most taxpayers, the calendar year, and;

b) when the planning is done near to, but not right at the end of the year, to provide a window of opportunity for the taxpayer to execute transactions before the end of that year that will assist with minimization of taxation. Conversely, it may be advantageous from a tax perspective to consider delaying a transaction that was scheduled to occur, before the end of that year, in order to minimize taxation, for example the sale of an asset, and;

c) when the planning is done towards the end of the tax year of the country in which the taxpayer also has a tax presence; in the case of New Zealand, for most taxpayers, 31 March each year.

Safety ElectricalSafety Electrical
21:30 21 Aug 24
I came across this person by google search . First attempt could not get connected .she so good returned my call with 5 min . Asked her few question , would say very good on what she does .Also plus point , she follows you up again . I would say very help full person . Recommend to go with her , no second thoughts .
Maryanne GarryMaryanne Garry
09:09 21 May 24
Gina is exceedingly detailed and knowledgeable. Her expertise is like a lifeline for US expats.
Matt RollMatt Roll
04:09 21 May 24
I'm thankful for finding NZ US Tax Specialists because Gina is one of the few people I know with a working knowledge of the intersection of U.S. and NZ tax policies. Our tax return was accurately completed on time and without any issues. I'm planning to use their services for years to come.
Spencer SmithSpencer Smith
03:47 21 May 24
US tax is a complex beast. Gina and her team have been very helpful to me and my clients with US tax issues.
Chris LemonChris Lemon
22:46 20 May 24
Gina and the folks at NZ US Tax Specialists were very quick to answer a question I had on the NZ tax treatment of US Military pensions, a fairly obscure area of tax law. They're great to work with.
Danielle FaireyDanielle Fairey
20:00 15 Oct 23
Gina was such a great help in navigating my tax requirements after moving between the US and NZ. She was great to work with - always very responsive and helpful. I would definitely recommend and work with NZ US Tax Specialists again in the future.
NZ US Tax Specialists has been a lifesaver with regards to a family member’s move from the US to NZ. Gina and her team have been there to help us understand the complexities of dual tax status and have greatly assisted in getting everything filed on time. While taxes will never be fun, working with NZ US Tax Specialists has brought our stress levels down considerably.
James SteeleJames Steele
02:57 13 Apr 23
Gina helped us prepare our US tax returns after we moved to NZ during a very busy time. We had no idea what was required as US citizens living abroad, but Gina was extremely helpful, knowledgeable, and professional. The work was affordable and well done. We had a great experience and hope to use NZ US Tax Specialists again.
Marivee McMathMarivee McMath
06:35 13 Feb 23
I am very happy with the way NZ US Tax Specialists handled sorting out my US Taxes! It certainly put my mind at rest. Felt I was in safe 'hands' throughout the process.
Gareth RobinsGareth Robins
04:31 13 Feb 23
Gina quickly attended to my tax questions and was very helpful
Deborah MunroDeborah Munro
03:54 19 Oct 22
If you're a US expat and need to file a US tax return, then look no further! Gina and her team at NZ US Tax Specialists does outstanding, professional work. I had to amend my US tax return, as I didn't know I had to file a form. Gina got that done, but they also found I'd made an error, and they fixed that for me as well, keeping me in good standing with the IRS. I'm definitely returning next year to get their assistance again.
Karen SmithKaren Smith
23:32 02 Sep 22
I have been working with Gina since 2014, when I needed US Tax advice, being both a New Zealand and United States citizen. Over the eight years that we have been working together, I have found Gina to be extremely knowledgeable about the US tax system and the New Zealand IRD. She is quickly able to provide definitive answers to my US tax questions, via her extensive contacts in the US tax department.Gina is always prompt in responding to my email and phone conversation questions and her professionalism has inspired my confidence in her many times over.She has guided me through my annual tax return filing with integrity and honesty and I fully trust her to get the job done well each year.
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