Our Services
Comprehensive US tax and financial solutions
Overview
At American Tax Services, we understand the intricacies of American tax obligations for Israeli Americans, and we're here to help you make the most of your tax benefits. For families, our expertise in the Child Tax Credit can provide substantial relief, with eligibility for up to $1,700 per child under the age of 17. Additionally, students pursuing higher education can benefit from potential refunds of up to $1,000 from the US government.
Even if you've never filed your US taxes before, we offer assistance through the Streamlined Foreign Offshore Procedure, ensuring you not only catch up on your returns but also secure any eligible refunds. Let American Tax Services guide you through these opportunities, ensuring compliance and maximum financial benefits for all our clients.
Pricing Plans
At American Tax Services, we take pride in being a small and client-focused office. Our size allows us to provide our clients with significant advantages that larger firms often struggle to match. First and foremost, we offer more competitive prices without compromising on the quality and expertise of our services.
But that's not all – we understand that every client's financial situation is unique, which is why we can be incredibly flexible with our payment terms. Unlike bigger firms, we have the ability to accept partial payments and even offer the option to wait for full payment until our clients receive their tax refunds. This level of personalized service and financial flexibility sets us apart, making us a trusted partner for individuals and businesses seeking top-notch tax and financial solutions without breaking the bank. Your financial well-being is our priority, and we're here to make the process as stress-free as possible.
US Citizenship
American Tax Services, through its partnership with one of Israel's leading law firms, provides comprehensive assistance in preparing forms for American citizenship.
For People Who Never Filed Before
The Streamlined Foreign Offshore Procedure is a specialized program offered by the IRS that provides a streamlined approach for individuals who have failed to file required US tax returns while living abroad. This program is designed to help individuals catch up on their tax obligations without facing excessive penalties.
At American Tax Services, we have extensive experience guiding clients through the Streamlined Foreign Offshore Procedure. We assist you in gathering the necessary financial information, preparing and filing overdue tax returns, and ensuring compliance with all IRS requirements. Our expertise in this program allows us to efficiently navigate the process, helping clients rectify their tax situations, claim eligible refunds, and achieve amnesty for any years they didn't file. Whether you're an American living abroad or an international individual with US tax obligations, our dedicated team is here to simplify the process and ensure you achieve full compliance while minimizing financial stress.
Israeli Citizens
At American Tax Services, we specialize in assisting Israelis who own property in the United States, whether for rental income or sales. We recognize the complexity of tax obligations that come with real estate ownership across international borders. Our expertise extends to efficiently handling the intricacies of filing taxes for rental income, ensuring compliance with US tax laws.
Additionally, when it comes to property sales, we guide you through the process, helping you navigate the capital gains tax implications and optimizing your financial outcomes. We pride ourselves on offering tailored solutions to property-owning Israelis, ensuring that they meet their tax obligations while maximizing their returns from their US real estate investments. Let us be your trusted partner in managing your US property tax matters with precision and ease.
FBAR Reporting
Navigating the intricacies of the Foreign Bank Account Report (FBAR) can be a daunting task, but at American Tax Services, we're here to make it seamless for you. We specialize in assisting Israelis with American tax obligations, and that includes expertly handling FBAR preparation and submission.
Whether you have foreign financial accounts or /assets exceeding $10,000 at any point during the year, or if you're uncertain about your FBAR requirements, we've got you covered. We meticulously gather the necessary financial information, ensuring full compliance with the IRS guidelines. With our assistance, you can rest assured that your FBAR is accurately prepared and submitted on time, helping you avoid potential penalties and maintain peace of mind regarding your international financial affairs. Trust us to simplify the FBAR process, allowing you to focus on what matters most.
Child Tax Credit
The Additional Child Tax Credit (ACTC) is a valuable tax benefit designed to provide additional financial support to families with children. It's a component of the Child Tax Credit (CTC) and is particularly beneficial for families whose CTC exceeds their federal income tax liability.
If you have one or more qualifying children and don't fully use the regular Child Tax Credit, you may be eligible for the ACTC, which can provide a refundable credit of up to $1,700 per child. This means that even if you don't owe federal income tax, you may still receive a refund if the ACTC exceeds your tax liability. At American Tax Services, we're well-versed in helping eligible families navigate the intricacies of the Additional Child Tax Credit, ensuring they receive the maximum benefit to support their children's well-being and financial stability.
University Credit
The University Credit is a valuable tax benefit that specifically caters to students attending accredited Israeli universities, including prestigious institutions like Hebrew University, Haifa University, Tel Aviv University, Bar Ilan University, Reichman University, Ben Gurion University, Technion, and Ariel University.
This tax credit is designed to alleviate the financial burden of pursuing higher education by providing eligible students with a refund from the US government of up to $1,000. At American Tax Services, we're well-versed in helping students from these esteemed universities make the most of the University Credit. Our expertise ensures that students receive the financial support they deserve, helping them focus on their studies and academic goals without undue financial stress.
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Don't navigate the complex US tax system alone. Let David and his team guide you to compliance and savings.
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David@american-taxes.com
058-528-1996
David@american-taxes.com