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Trevor Nakamura

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US expatriate tax, foreign accounts and double taxation

15 years of experience
Email verified

I am a CPA in Chicago and for fifteen years I have worked with Americans living abroad and foreign nationals with US-source income. The United States taxes its citizens on worldwide income no matter where they live, and every year that produces situations nobody saw coming. The recurring ones: returns years behind and how to catch up without penalties, foreign bank accounts that should have been reported, the foreign tax credit, and the treatment of French assurance-vie and PEA accounts - both of which the IRS handles in ways that are punishing if you did not plan for them. I also see a lot of French nationals who worked in the States and do not know what to do with a 401(k) they left behind. There is a right answer and a wrong one, and the wrong one costs roughly thirty percent.

Consultation languages

  • English
  • French
  • Japanese

Skills

  • Expatriate US returns
  • FBAR and FATCA reporting
  • Foreign tax credit
  • Streamlined filing compliance
  • 401(k) and cross-border retirement
  • Tax treaty positions

What sets them apart

The first thing I look at is the years you did not file. The voluntary catch-up route is open and cheap right up until the IRS contacts you, and it closes the moment they do.

Education

  • · Master of Science in Taxation, DePaul University; Illinois CPA licence

Credentials

  • · Certified Public Accountant, licensed in Illinois.
  • · International individual tax practice in Chicago since 2012, previously with a national firm's expatriate tax group.
  • · IRS Enrolled Agent equivalent representation rights.

Moderate cancellation

Fully refunded up to 24 hours before, half up to 2 hours before, nothing after that.