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    Articles

    Tax Advantages in the US and Israel

    U.S Tax advantages and disadvantages As American with dual citizenship living...

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    Basic Tax Terms

    Basic fundamental terms regarding the tax table and income tax: ...

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    Tax Advantages in the US

    The tax table refers to 2012 tax year: Income type Tax rate...

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    Tax Advantages in ISRAEL

    The tax table refers to 2012 tax year: Income type Tax rate...

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    Streamline procedure important information

    Streamline Procedure structure The IRS is well aware of the fact that some...

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    Low risk Tax payer definition

    Low Risk Tax payer definition The IRS will determine the level...

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    Required forms for the streamline procedure

    Streamline procedure Required forms Please prepare the following forms/information for tax...

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    ITIN-Individual Taxpayer Identification Number

    ITIN - Individual Tax Identification Number An ITIN, or Individual Tax...

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    Tax formations for property or business owners

    Tax formations for Real estate and business owned in the...

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    Introduction

    in the past two years there has been a dramatic...

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    F-bar filing requirements

    F-BAR - Report of Foreign Bank and financial accounts Are you...

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    Foreign Account Tax Compliance Act (FATCA)

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    Introduction

    Tax return filing for American citizens living in ISRAEL In the...

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    Tax return filing requirements

    Do you have a Tax return filing obligation as an...

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    Do you have a tax liability?

    Do you owe tax on income earned in ISRAEL? Filing yearly...

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    Filing Dates for U.S. Tax Returns

     Single member LLC & individuals (forms 1040/1040NR) The law states that...

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    Stimulus Coronavirus payment

    Q: Who will qualify? US Citizens and Resident Aliens with...

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    Self Employed individuals

    The most significant taxation difference between Self employed and employees...

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    Social Security

    American citizens living in Israel can receive social security payments...

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    Paying into Social Security

    Paying into your U.S social security Work as an employee...

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    Obama care

    During the past year we encountered numerous regarding the implementation...

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    Trump's Reform

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    Introduction

    Child Tax credit - A $1000 Refundable credit for U.S...

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    Tax Refund application process

    Please provide us with the necessary documents so our...

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    Introduction

    Education Tax Credit - Tax refund for American students Virtue Tax...

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    About the American Opportunity Credit

    Child Tax credit - Your $1000 tax refund In 2003, the...

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    Eligibility

    Eligibility requirements for the "American opportunity tax credit" Please make sure...

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    Required forms

    Please prepare the following forms to streamline your request for...

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    Tax Refund process

    Please provide us with the necessary documents so our...

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    FAQ

    Question 1 Answer: 2 Question 2 Answer: 2

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    Voluntary Disclosure

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    US Real Estate

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    Preparation of tax returns

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    Representation before authorities in the United States

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    American tax advice

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    Taxation of the United States and Israel

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    Need professional tax advice?

    Leave details and we will get back to you soon

      Contributing to the Community

      Us, at VirtueTax believe that beyond excellence in providing professional services toour clients, we must assist and support those in Israeli society whose fate has not improved.Our vision includes business entities and social entities joining hands together and having a shared sense of drive to promote all aspects of Israeli society. Therefore, we have a deep commitment to both Israelis in need and to voluntary bodies focused on helping them. As part of this mission, the company purchases and delivers essential products to those in need in cooperation with organizations such as the “Association for a Turnaround in Education”. Our additional area of activity focuses on transferring funds as donations to animal shelters such as “Jerusalem loves animals” and “Mateh Yehuda loves animals”. We believe that our active involvement in Israeli society, provides not only an important service to the community, but also improves our professional teams.

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