Taxes

U.S. Tax Services with a Focus on International and Non-Profit Compliance

Adel Elgoneimy is a dedicated tax professional specializing in complex U.S. tax matters, with a particular emphasis on the unique needs of:

  • Tax-Exempt Organizations (Non-Profits): Navigating the intricate landscape of U.S. tax law governing non-profit entities is crucial for maintaining tax-exempt status. Adel Elgoneimy provides comprehensive guidance on:
    • Formation and Application for Tax-Exempt Status (e.g., Form 1023, Form 1024): Ensuring organizations meet the requirements under Internal Revenue Code (IRC) Section 501(c)(3) and other relevant sections.
    • Maintaining Tax-Exempt Status: Advising on ongoing compliance requirements, including unrelated business income tax (UBIT), lobbying restrictions, and private foundation rules.
    • Annual Reporting Requirements (Form 990 series): Preparing and filing accurate and timely annual information returns to the IRS.
    • Best Practices for Governance and Financial Management: Ensuring adherence to regulations and promoting sound financial stewardship.
  • Resident and Non-Resident Aliens: Understanding U.S. tax obligations for individuals with international ties is essential. Adel Elgoneimy offers expert assistance to:
    • Resident Aliens: Providing guidance on worldwide income taxation, applicable deductions and credits, and compliance with U.S. tax laws.
    • Non-Resident Aliens: Determining U.S. tax liability on U.S. source income, including effectively connected income (ECI) and fixed, determinable, annual, or periodical (FDAP) income, and navigating tax treaties.
    • Tax Planning for Individuals Moving to or from the U.S.: Addressing pre-immigration and expatriation tax considerations.
  • U.S. Citizens with Foreign Financial Interests: U.S. citizens living domestically or abroad with foreign bank accounts and other financial assets face specific reporting requirements. Adel Elgoneimy provides crucial support in complying with:
    • Foreign Account Tax Compliance Act (FATCA) Reporting: Assisting individuals in understanding their obligations to report specified foreign financial assets on Form 8938.
    • Report of Foreign Bank and Financial Accounts (FBAR) Requirements: Ensuring timely and accurate filing of FinCEN Form 114 forReport of Foreign Bank and Financial Accounts (FBAR) for individuals with financial interests in foreign accounts exceeding certain thresholds.
    • Understanding Penalties for Non-Compliance: Educating clients on the potential consequences of failing to meet FATCA and FBAR obligations.

Adel Elgoneimy’s expertise ensures compliance with complex U.S. tax regulations, minimizing risk and providing peace of mind for individuals and organizations with international and non-profit tax concerns.

For comprehensive assistance with your U.S. tax needs, please contact:

Tel: +1 609 233 2807 Email: [email address removed] Website: http://goneimycpa.net

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U.S. Tax Services for International Individuals and Non-Profits

Adel Elgoneimy specializes in U.S. tax for specific needs:

  • Non-Profit Organizations: Expert guidance on obtaining and maintaining tax-exempt status, annual filings (Form 990 series), and compliance.
  • Resident & Non-Resident Aliens: Assistance with U.S. income tax obligations, understanding tax rules for international individuals.
  • U.S. Citizens with Foreign Accounts: Help with reporting foreign financial assets and bank accounts (FATCA & FBAR compliance).

Adel Elgoneimy ensures you meet complex U.S. tax requirements.

Contact for more information:

Tel: +1 609 233 2807

Email: [elgoneimy@goneimycpa.com

Website: http://goneimycpa.net