By Tom Andrews, CPA As you may or may not be aware all US citizens are subject to US income tax regardless of whether they reside in the United States
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By: Tom Andrews, CPA While many yacht crewmembers have stayed in a crew house from time to time the prospect of owning a home has always been an attractive investment
By Tom Andrews, CPA As COVID-19 continues to disrupt the cruising plans for luxury yachts and their crewmembers there have been unintended consequences for vessels that remain in the United
By; Tom Andrews, CPA One of the unintended consequences of the COVID 19 global pandemic is that nonresident crewmembers may end up staying inside the United States longer than expected.
By: Tom Andrews, CPA As a crewmember on a foreign flagged vessel you are probably being paid in one of three ways: You are issued a W-2 with taxes withheld.
by: Tom Andrews, CPA This goes without saying but the term Yacht Captain is probably the most understated job title in the luxury yacht industry. The profession is so much
by: Tom Andrews, CPA More than 2 million ITIN’s (Individual Taxpayer Identification Numbers ) are due to expire by the end of 2018. The expiration of the ITIN’s was prompted
By Tom Andrews, CPA The FEIE (foreign earned income exclusion) is more timely than ever for tax year 2020. The Covid 19 pandemic has extended the period of time that
By Tom Andrews, CPA This goes without saying but the term Yacht Captain is probably the most understated job title in the luxury yacht industry. The profession is so much
By Tom Andrews, CPA Nonresident crewmember that have worked on a foreign flagged vessel have probably been asked to sign form 8233 “Exemption Form Withholding on Compensation for Personal Services