Personal Taxes Filed
Right the First Time.
Every Time.
Whether you are a US resident, a digital nomad, or an expat living abroad — we simplify your personal tax filing, handle complex international disclosures, and ensure every deduction is maximized.
Get a Free Quote
Tell us your situation — we respond within 24h.
By submitting you agree to our Privacy Policy. Your data is never sold.
We'll Be in Touch!
Expect a call or email within 24 hours.
Personal Tax Filing for
Every Situation
From a straightforward W-2 return to a complex expat situation with foreign accounts — handled by the same licensed CPA.
US Residents
W-2 employees, self-employed professionals, investors, rental property owners — every eligible deduction captured.
- W-2 and 1099 income reporting
- Schedule C — self-employment income
- Schedule E — rental and investment income
- Capital gains and stock sales
- Retirement contributions and HSA deductions
- Education credits and child tax credits
US Expats & Digital Nomads
Living abroad doesn't end your US tax obligation. We specialize in expat returns — foreign income exclusions, credits, and all required international disclosures.
- Foreign Earned Income Exclusion (Form 2555)
- Foreign Tax Credit (Form 1116)
- FBAR filing (FinCEN 114)
- FATCA reporting (Form 8938)
- Tax treaty position analysis
- Streamlined filing for late filers
Non-Residents & Immigrants
Newly arrived in the US or earning US-source income from abroad — non-resident returns, dual-status filings, and ITIN applications.
- Form 1040-NR (non-resident alien return)
- Dual-status tax year returns
- First-year residency elections
- ITIN application — Form W-7 preparation
- US real estate income reporting
- Withholding compliance (FIRPTA)
Our Individual Tax
Services
Every service your personal tax situation requires — prepared by the same licensed CPA, under one flat fee.
Personal Income Tax (Form 1040)
Expert preparation of federal tax returns for residents and non-residents — maximizing every eligible deduction and credit. All schedules included.
FBAR & FATCA Compliance
Mandatory reporting of foreign financial accounts and assets to avoid heavy IRS penalties. FinCEN Form 114 and Form 8938 prepared accurately and on time.
Amended Tax Returns (1040-X)
Professional correction of previously filed returns — to claim missed refunds, fix errors, or update information. Up to 3 years back.
Expat & Digital Nomad Tax
Specialized tax services for US citizens living abroad or remote workers with international income — exclusions, credits, treaty positions, all disclosures.
ITIN Application (Form W-7)
For those not eligible for a Social Security Number. We prepare Form W-7 and the return it attaches to, and guide you through the identity verification step, which the IRS requires to be done by an authorized agent or by mail.
Multi-Year Catch-Up Filing
Behind on personal returns? We file multiple years simultaneously, calculate your liability, and apply for penalty abatement where possible.
I had been living in Germany for 4 years with no idea I still needed to file US taxes. WELFO filed all four years, handled my FBAR, applied the Foreign Earned Income Exclusion, and got me a refund on two of the returns.
Your Return,
Start to Finish*
Eight stages, and you can see every one of them in your client portal.
* Illustration of one typical scenario. Stages, order and timing vary with your situation and with IRS and state processing.
FBAR & FATCA:
Don't Risk the Penalties
Filing with foreign assets or income requires a keen eye for detail. We specialize in cross-border tax issues — helping expats and residents navigate the complexities of international disclosure requirements.
What's the
Difference?
Filed with FinCEN. Required if foreign accounts exceeded $10,000 combined at any point. Deadline: April 15, auto-extended to October 15.
Filed with your tax return. Required for higher thresholds ($50,000+ for US residents; $200,000+ for expats). Covers foreign accounts, stocks, and interests in foreign entities.
Many clients need both. Different thresholds, different filing systems, different penalties. We handle both as part of your annual return.
Missed FBAR or FATCA in prior years? The IRS Streamlined Procedures can significantly reduce penalties for non-willful violations. We guide you through the process.
Foreign Disclosure
Penalty Summary
| Violation | Form | Non-Willful Penalty | Willful Penalty |
|---|---|---|---|
| Late FBAR filing | FinCEN 114 | Up to $10,000/year | Up to $100,000 or 50% of balance |
| Failure to file Form 8938 | Form 8938 | $10,000 per form | Up to $50,000 continuing |
| Unreported foreign income | Form 1040 | 20–25% accuracy penalty | 75% civil fraud penalty |
| Late FBAR — streamlined | FinCEN 114 | 5% of highest balance | Not eligible |
* Penalty amounts may vary by circumstance. Streamlined procedures available for non-willful violations only.
US Citizens Abroad:
Here's What You Owe
The US taxes its citizens on worldwide income regardless of where they live. If you hold a US passport or green card, you have US filing obligations — no matter what country you reside in.
Determine Your Exclusions
We calculate your Foreign Earned Income Exclusion (up to $126,500 in 2024) and Housing Exclusion to reduce your US taxable income.
Apply Foreign Tax Credits
Taxes paid to your country of residence can often offset your US liability dollar-for-dollar — eliminating double taxation in most cases.
File Required Disclosures
FBAR, Form 8938, and any other international disclosure forms filed alongside your 1040 — all deadlines managed proactively.
State Returns if Applicable
Some US states require filing even while living abroad. We analyze your domicile situation and handle any required state returns.
Need an ITIN?
We Support Your Application.
An Individual Taxpayer Identification Number is required for anyone with US tax obligations who cannot get a Social Security Number. We prepare your Form W-7 and file it together with the tax return it belongs to. Identity documents must be verified separately — we are not a Certified Acceptance Agent, so that step goes through an IRS Taxpayer Assistance Center, a CAA, or by mailing originals to the IRS. We tell you which route fits your case and exactly what to bring.
Who Needs an ITIN?
- Non-resident aliens with US-source income
- Foreign nationals investing in US real estate
- Spouses or dependents of US citizens abroad
- Students with taxable US scholarships
- Individuals not eligible for an SSN
Processing Time
The IRS typically processes ITIN applications in 7–11 weeks during peak season. A complete, correctly assembled application reduces the risk of rejection — the most common cause of delay is missing or improperly certified documents.
Get Help With My ITIN →Exclusion or Credit:
Two Paths for Expats
* Simplified illustration. Which option is better depends on your income, country and tax rates.
Personal Tax Mistakes
Are Expensive
Most individual tax errors don't surface immediately — they show up years later, with compounding interest and penalties.
Common Individual Tax Mistakes
- Expats not filing at all — “I don't live in the US so I don't owe taxes”
- FBAR not filed — $10,000 penalty per account discovered years later
- Self-employment income underreported on Schedule C
- Foreign Tax Credit not claimed — paying double tax unnecessarily
- Amended return not filed — leaving a refund unclaimed for years
- ITIN not obtained — maximum withholding rate (30%) applied
With WELFO Individual Tax Filing
- All filing obligations identified — US residents and expats fully covered
- FBAR and FATCA filed on time every year — zero penalty exposure
- Every deduction and credit captured — Schedule C optimized
- Foreign Tax Credits applied — double taxation legally avoided
- Prior-year errors corrected — refunds recovered, penalties reduced
- ITIN obtained efficiently — correct withholding rates from day one
Individual Tax Questions,
Answered Honestly
File Your Personal Taxes
Right the First Time
Accurate returns for every situation — US resident, expat, or digital nomad. Flat-fee quote today.
All situations · All 50 states · Flat-fee · English & Russian