US Taxation

We are pleased to offer our clients who have a US tax responsibility, assistance in keeping their US tax affairs up to date and in planning, to ensure that their exposures to UK tax and US tax are considered together. 

Our US tax team consists of Damian Talbot and Ashleigh Molton who are both qualified Enrolled Agents to represent taxpayers before the IRS. Damian qualified as an E.A. in 2002 and Ashleigh qualified in 2015.

 

We can assist in the following areas:

  • Completion of individual US tax returns (Form 1040)
  • Claims for Earned Income deductions
  • Claims for foreign tax credits
  • Schedule A -Itemising your deductions
  • Completion of State individual tax returns
  • Planning of UK/US profit extraction from companies

We appreciate some people have complex issues and others more straight forward. We hope to always provide a clear cost and timescale to help ensure you are compliant. We understand it is easy to fall behind with US filing and can help bring your US tax affairs up to date. This may include the streamlining procedure for delinquent filers.

It is important to stress that we are a dual qualified tax team in both the UK and US tax. The advantage for the client is that we are able to deal with the US and UK tax affairs which are invariably linked to one another. This means we can complete your US and UK personal tax affairs and also deal with any UK corporation tax and profit extraction issues you may have.

Able to handle US and UK Tax Affairs

We are happy to act in a dual capacity with other accountants and tax preparers in the UK and the US directly or indirectly. If we are approached directly by a tax advisor we will honour the guidelines under ICEAW and CIOT not to approach the client for any other work. This type of partnership seems to work well for UK practices not wishing to use larger based accountancy firms. 

We offer a bespoke and personal service. Please contact either Damian Talbot  or Ashleigh Molton  for further details and a free initial consultation.

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If you have any questions about how your business could benefit contact us today:

020 7731 6163

“For the past 20 years Warrener Stewart has consistently given good advice... going above and beyond their remit.”
Theo Brehony - London Preparatory School Limited