What is American Pacific Tax Limited?
American Pacific Tax Limited is a leading Hong Kong accounting business that specializes in assisting clients with US taxation. It is a top US accounting firm based in Hong Kong that assists clients in finding easy answers to their complex US tax issues. We primarily serve clients in Hong Kong, China, and Macau, as well as the rest of Asia.
They resolved the longstanding issue of US tax returns
The most frequently asked question is, “Is it necessary for me to submit a US tax return?” If you are a US citizen or resident alien, the rules for filing income tax returns remain the same whether you are in the US or abroad. If you earn wages while living outside of the United States, you will almost certainly be required to file a tax return. The deadline for submitting US tax returns remains the same – April 15th – but if you are a US citizen residing outside the country, the IRS grants you an automatic two-month extension.
Exemptions and tax credits are also available to taxpayers who file tax returns. If a US citizen fails to file their tax return, they risk losing out on significant credits and exemptions. Even worse, if you don’t file, you may be subject to fines and interest payments that accumulate over time. The permissible exclusion for the tax year 2012 is USD 95,100.
Christopher Anthony Chang, Director
Christopher comes to American Pacific Tax with a strong financial background. He has over 13 years of taxation and financial management expertise in the United States. Christopher is a Certified Public Accountant (CPA) in the state of Hawaii, in the United States of America. Christopher began his professional career at Grant Thornton LLP, one of the world’s leading public accounting firms. He also received crucial tax compliance expertise at ECA LLP, one of Hawaii’s most prestigious accounting companies, where he worked with high-net-worth individuals and corporations. The University of Hawaii at Manoa awarded Christopher a Bachelor of Business Administration in Accounting and Marketing (USA).
Christopher prepared over 1,000 individual, corporate, and partnership tax returns over his professional tenure, giving him excellent insight into the financial needs of individuals and businesses. His excellent financial background and previous expertise have qualified him to handle a wide range of customer needs for ex-pats.
They specialize in US taxes
Preparation of US Expatriate Tax Returns for US citizens and green cardholders Preparation of individual income tax returns and related tax matters, such as state tax filing
Individual FATCA compliance and the Report of Foreign Bank and Financial Accounts (FBAR) FinCEN Form 114
Preparation of Prior-Year Tax Returns — Streamlined Filing Forms 14653 and 14654, as well as the Offshore Voluntary Disclosure Program (OVDP)
Form 8854, Initial and Annual Expatriation Statement in the United States Prepare, review, and assist with IRS Forms W-9, W-8BEN, W-8BEN-E, W-8ECI, W-8EXP, and W-8IMY, as well as IRS Forms W-9, W-8BEN, W-8BEN-E, W-8ECI, W-8EXP, and W-8IMY.
Compliance with Trust, Estate, and Gift Taxes US tax preparation and consultation for US citizens and foreign individuals wanting to immigrate to the United States (before obtaining a green card) Liaison and representation with the Internal Revenue Service (IRS) of the United States Preparation of individual Hong Kong tax returns
Website : http://www.americanpacifictax.com
Industry : Accounting
Company size : 2-10 employees
Type : Privately Held
Founded : 2012
Story by : Swiftnlift Business Magazine Company