Whether you’re a new member of the U.S. expat community, or a seasoned fellow with years of filing experience, it’s always a good idea to stay abreast of new tax regulations and requirements imposed by Uncle Sam. It’s also wise to work with a professional tax advisor who can help implement tax-saving strategies, identify income deductions, and who may point out any potential I.R.S. red-flags.
This season, AWAQ members can take advantage of a special 10% off US individual tax services by PricewaterhouseCoopers Qatar. Simply sign up for a consultation services by April 15th. PwC is a multinational professional services company based in the US and is recognized as the largest firm of its kind in the world. Long established in Qatar, providing a full range of support to both a local and international client base, the Doha PwC team is supported by over 3,500 staff in their Middle East practice.
And, in case you missed this news from the U.S. Embassy in Qatar, the updated IRS issuance dated March 7, 2016 advises us the new amount for foreign housing exclusion/deduction purposes for Doha, Qatar, is now $42,744. Here is the link here with Qatar listed on page 12:https://www.irs.gov/pub/irs-drop/n-16-21.pdf
With the April 15th deadline fast approaching, there’s no time like the present to get your tax files in order!