Fairfax, VA CPA Services
Fairfax residents often include professionals whose work extends beyond domestic employment, including government service, overseas assignments, and international financial activity. We assist clients with accurate U.S. tax compliance while avoiding unnecessary complexity.
Government, International, & Overseas Assignments
Many Fairfax residents have worked for U.S. government agencies, international organizations, or foreign-based entities, sometimes spending extended periods abroad. We assist with:
• U.S. tax filing obligations during overseas postings
• Reporting foreign income and assets when required
• Understanding how overseas employment affects U.S. tax compliance
Our focus is helping clients remain compliant without unnecessary over-reporting or confusion.
Real Estate & Investment Activity (U.S. and Abroad)
Fairfax households often hold:
• Rental properties in the U.S.
• Inherited or family-owned property overseas
• Investment property acquired while living abroad
We assist with reporting requirements and tax considerations tied to ownership, income, and disposition of property.
IRS Notices & Correspondence
If you receive an IRS notice or inquiry, we help review the issue, explain what it means, and represent you when appropriate, particularly in matters involving higher-dollar or cross-border reporting.
Frequently Asked Questions – Fairfax, VA
In most cases, U.S. citizens and residents must continue filing U.S. tax returns even while living or working abroad. We help Fairfax clients understand what income must be reported, what exclusions or credits may apply, and how overseas work affects compliance.
Inheriting property overseas does not usually trigger U.S. income tax at the time of inheritance, but it can create future reporting and tax obligations, especially if the property generates income or is later sold. We help clients understand how inherited foreign property fits into their U.S. tax picture.
The receipt of inherited funds is generally not taxable income, but the transaction may still carry reporting implications depending on the source and amount. We help ensure the transfer is handled correctly and that any required disclosures are addressed.
Yes. Nonresident owners of U.S. real estate generally have U.S. tax obligations related to:
• Rental income collected
• Withholding requirements
• Filing U.S. tax returns associated with the property
We assist nonresident investors in understanding and meeting these obligations accurately.
Potentially, yes. When income, assets, or property exist across borders, additional reporting considerations often apply. We work with Fairfax clients to ensure filings reflect their full situation without unnecessary complications.
Disclaimer:
Entity structures, tax outcomes, and reporting obligations vary by situation. This information is general in nature and should not be relied upon without a review of your specific facts.
Why Fairfax Clients Choose Us
Fairfax clients choose us for measured judgment, discretion, and organized preparation. We work with professionals whose tax situations extend beyond domestic employment, often involving overseas work, inherited assets, or cross-border investments. Our role is to help you file accurately today while maintaining clarity and compliance over the long term.
