Synopsis: With passive investing you typically lock in underperformance to the benchmark. Whereas, with active investing you can achieve market outperformance. Understanding the advantages and disadvantages of both strategies allows you to better work with your advisor to develop a sound investment [...]
Synopsis: Are you a foreign investor considering purchasing or selling U.S. real estate? If so, it’s crucial for you to understand the intricacies of these transactions in order to avoid traps and complications that catch many foreign investors, and greatly reduce your [...]
Are you a foreign national with a recently approved visa? If so, you may soon find yourself in a tax nightmare – being both overwhelmed and alarmed at the complexity and compliance requirements you are now subject to under the U.S. income tax system. However, being aware of the information below will arm you with the knowledge necessary to work with your tax accountant in order to ensure you are in compliance with the U.S. tax code and in optimizing your U.S. tax position.
Welcome Note on an American Flag Background All information and views expressed in this article are the solely those of Haynes Novick Immigration. The Wolf Group does not necessarily endorse, support, or agree with the views expressed in the article. [...]
There are some valid reasons that an investment advisor might recommend that a U.S. tax nonresident should invest in offshore mutual funds. Typically, the reasons include reducing income tax, capital gains tax and potential estate taxes. But if you are a nonresident [...]
Taxpayers who have financial assets outside the United States often ask this question when they are considering how (or whether) to come clean and inform the IRS about their previously undisclosed foreign financial accounts. For years, there was little public knowledge of [...]
The U.S. tax laws that relate to U.S. income tax nonresidents are complex and often difficult to apply in practice. In our experience, here are some of the most common errors made by G-4 visa holder nonresidents who work for the United [...]
Just like most events, the earlier you start prepping for retirement the smoother the transition should be. They say that knowing is half the battle; but if you’re planning your own retirement, how are you supposed to know what to do? Here [...]
With the 2015 tax season underway, The Wolf Group would like to remind our clients and colleagues about the rampant phone scams from callers claiming to be from the IRS. These scammers employ sophisticated techniques to threaten taxpayers that they will be [...]
ABOUT US. The Wolf Group thrives as an international tax accountant firm. Every year we help hundreds of clients. And unlike most CPA firms in the United States, you won’t find us doing accounting, bookkeeping, or audit/attestation. We just deal with international tax matters — it’s who we are and what every member of our team does daily.
The Wolf Group, P.C.
12701 Fair Lakes Cir, #220
Fairfax, VA 22033