International

By Yigang Xu, CPAXU CPA, LLCGreenville, SC www.mygreenvillecpa.com To many young people in foreign countries, the U.S. is highly desired after as a place for higher education, prosperity and freedom. Many then decided to leave their home country and came to the U.S. to pursue their dream of career achievement and prosperity. The most common […]

By Yigang Xu, CPAXU CPA, LLCGreenville, SCwww.mygreenvillecpa.com It is not uncommon for many U.S persons (citizens, permanent residents, and certain resident aliens) to have interest in a foreign bank account, to be beneficiaries or grantors of foreign trusts, or to receive gift and money from a foreign relative or other foreign person. Although these events