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Topic: UK-US Tax Advisor?  (Read 2998 times)

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UK-US Tax Advisor?
« on: May 15, 2010, 02:58:28 PM »
My partner and I are dual nationals, living in the UK. To our surprise, our financial situation has gotten too complicated for us to figure out taxes on our own. Could anyone recommend a tax advisor who understands both UK and US tax regimes who can help us with tax planning and preparation? It would be best if they were in the UK.

Thanks for your help. This is a great forum.


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Re: UK-US Tax Advisor?
« Reply #1 on: May 15, 2010, 03:28:35 PM »
What is your price range?


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Re: UK-US Tax Advisor?
« Reply #2 on: May 15, 2010, 03:40:22 PM »
Not sure, but we know that good advice doesn't come cheap. Any thoughts on what we should expect to pay?


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Re: UK-US Tax Advisor?
« Reply #3 on: May 15, 2010, 05:24:48 PM »
Not sure, but we know that good advice doesn't come cheap. Any thoughts on what we should expect to pay?

A 2010 quote from one of the UK's better known and reliable independent advisors, specialising only in UK/US tax planning and preparation. This was for an answer (no calculations or tax preparation involved), to a straight forward UK/US based question (Given these circumstances, what do I put on Line **, Form 1040?).   

"Our fees are based on the time spent and the seniority of staff involved in your affairs. The hourly charge-out rates for managers range from £150 to £200 (plus VAT)"

The quote was for 3 hours work, therefore £450 to £600 (plus VAT). From your brief description, I suspect you're talking about more than 3 hours. Also, as would be expected, be prepared to produce proof of your identity. I considered this a reasonable quote, given the cost of competent advice.


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Re: UK-US Tax Advisor?
« Reply #4 on: May 15, 2010, 05:50:05 PM »
Thank you, that's helpful. Would you be able to share the name of the firm, or of any firm that has the UK-US ability?


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Re: UK-US Tax Advisor?
« Reply #5 on: May 15, 2010, 06:09:49 PM »
As a starter only, this is from the US Embassy web site:

http://london.usembassy.gov/cons_new/acs/scs/tax_preparation_services.pdf


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Re: UK-US Tax Advisor?
« Reply #6 on: May 15, 2010, 06:18:30 PM »
I know both Frank Hirth and US Tax & Financial Services.  They are both competent.  That might help narrow down your search.

I don't endorse either nor do I work for either.


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Re: UK-US Tax Advisor?
« Reply #7 on: May 15, 2010, 06:28:30 PM »
Thank you. We've been Googling on and off for weeks, and an hour solid today, and here you gave us a raft of choices. It's kind of you, and much appreciated.


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Re: UK-US Tax Advisor?
« Reply #8 on: May 26, 2010, 01:05:55 PM »
I dont suppose anyone knows if any of those advisors specialise in working with artists?

As I already have a tax preparer in the US who has clients abroad, I'm just looking for a UK tax preparer who is familiar with US tax laws for citizens abroad, and UK-US treaties and changes.

I've talked with 4 UK tax preparers who specialise w artists, and they all gave me completely different answers about what I had to declare (re investment income, and other stuff) on my UK tax forms...! 

Yet the UK tax preparers I've talked to who work with Americans are only used to people who work for companies, or are not freelance, or definitely not who are artists -- so they can't advise on deductibles and other important things.



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