International Taxation
We prepare and file federal and state and mullti-state individual income tax returns for USA residents, part year resident, non-residents aliens, foreign residents, USA residents living abroad and H1B visa holders.
US citizens and US Resident aliens (including green card holders) are subject to US tax on their worldwide income no matter where they live.
Foreign-earned income exclusion
US individual living abroad can exclude up to $92,900.00 of foreign-earned income in 2011 if the taxpayer satisfies either the bona fide foreign residence test or foreign physical presence test.
State of California does not allow an exclusion for foreign-earned income.
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