The US is almost the only country in the world that requires its citizens to submit annual tax returns even if they reside in another country.

In addition, Israelis who are not US citizens but invest in property in the US must submit annual tax returns (federal and state).

Our office works in close cooperation with CPAs and offers a US tax returns service. This includes the submission of all required materials together: the preparation of both the Israeli and American tax returns. This saves time and the problems involved in working with separate entities. It ensures coordination and optimal preparation of tax returns.

It is important to understand that the unique tax treaty between Israel and the US means that the preparation of US tax returns requires full coordination with an Israeli accountant. Failure to do so is liable to lead to double taxation.