Season 2 Episode 8:

U.S. Tax Sourcing Rules: How to Determine Where Income Is Taxed

Sourcing rules determine whether income is taxed in the U.S. or elsewhere.

This conversation explores how those rules apply to interest, dividends, services, royalties, and more. 

This episode covers:

What are sourcing rules in U.S. tax?

How is interest income sourced?

How services are taxed internationally

How royalties and rental income are sourced

Why sourcing rules matter for tax planning

Chris is a trusted attorney with extensive experience in taxation, corporate planning, mergers and acquisitions, and estate planning. He guides clients through complex tax matters to deliver practical solutions.

Gina Lee is your trusted guide for U.S. tax law, corporate compliance, and estate planning, providing personalized, strategic counsel to help achieve your financial and personal goals with confidence.

If this episode resonates with what you’re working through, contact [email protected]. We’ll help you bring clarity to the key decisions, risks, and priorities, with the right support across our complementary practice areas.

From first contact to post-closing integration, M&A transactions demand structure, foresight, and resilience. In this episode, we explain how understanding the process helps owners navigate risk, timing, and negotiation more

For non-U.S. companies, the decision to operate in the U.S. is as much a tax decision as a business one. In this episode, we break down how footprint, structure, and

A year of regulatory change has reshaped how businesses approach securities, fintech, and digital assets in the U.S. In this anniversary episode, Hazvinei Mugwagwa and Jephte Lanthia reflect on what

The One Big Beautiful Bill Act introduces significant and permanent changes that reshape tax planning for both individuals and businesses. In this episode, Chris Klug and Gina Lee walk through

What does it mean to redefine success in the practice of law? In this anniversary episode, Basswood’s founders discuss their values, the story behind the Basswood name, and why true

Most business owners don’t realize how closely succession planning, estate planning, and exit strategy are connected. In this episode, we walk through what business succession planning really involves and why

As crypto adoption accelerates, AML compliance is evolving just as quickly. In this episode, we discuss how compliance professionals and institutions are navigating fraud risk, evolving investor behavior, and a

The promise of AI in AML lies in speed, scale, and insight, but the pitfalls are equally real. In this episode, we discuss how financial institutions can responsibly integrate AI

As the U.S. positions itself as a global leader in crypto and fintech, regulatory clarity has become a central theme. In this episode, we examine what recent policy shifts mean

OBBBA is not just a policy update – it’s a practical planning roadmap for individuals and families. In this conversation, we explore how the Act affects income taxes, credits, deductions,

From expanded deductions to reinstated incentives, the One Big Beautiful Bill Act reshapes the tax landscape for U.S. businesses. This episode breaks down the key provisions and highlights the planning

In M&A, process and people matter as much as price. This episode explores why assembling an experienced advisory team early can make or break a transaction.

Renouncing U.S. citizenship or terminating a green card comes with significant tax consequences that extend well beyond paperwork. This episode breaks down expatriation, covered expatriate status, and the planning considerations

The appointment of a new SEC Chairman often signals more than a leadership change – it sets the tone for regulatory priorities ahead. In this episode, we examine how Chairman

AI has the power to amplify both strengths and weaknesses within an organization. In this conversation, we discuss why boards must actively engage with AI – setting guardrails, governance frameworks,

The post U.S. Tax Sourcing Rules: How to Determine Where Income Is Taxed appeared first on Basswood Counsel.

Season 2 Episode 7:

Transfer Pricing Explained: Getting It Right Across Borders 

  Watch on YouTube

What is transfer pricing, and why does it matter more than ever for global businesses?

In this episode of Under the Basswood Tree, we unpack how companies price transactions across borders, the role of the arm’s length standard, and how to build a defensible strategy supported by real data and documentation. 

This episode covers:

• The definition of transfer pricing?

• What is the arm’s length principle?

• How companies determine fair pricing?

• Why documentation is critical in transfer pricing?

• How often should transfer pricing be reviewed? 

Chris is a trusted attorney with extensive experience in taxation, corporate planning, mergers and acquisitions, and estate planning. He guides clients through complex tax matters to deliver practical solutions.

Renee, a foreign‑trained attorney and enrolled agent at Basswood Counsel specializes in U.S. domestic and cross border taxation. She brings over a decade of broad legal experience, including eight years working with complex U.S. international tax issues, offering clients a thoughtful, cross‑border perspective grounded in practical experience.

If this episode resonates with what you’re working through, contact [email protected]. We’ll help you bring clarity to the key decisions, risks, and priorities, with the right support across our complementary practice areas.

From first contact to post-closing integration, M&A transactions demand structure, foresight, and resilience. In this episode, we explain how understanding the process helps owners navigate risk, timing, and negotiation more

For non-U.S. companies, the decision to operate in the U.S. is as much a tax decision as a business one. In this episode, we break down how footprint, structure, and

A year of regulatory change has reshaped how businesses approach securities, fintech, and digital assets in the U.S. In this anniversary episode, Hazvinei Mugwagwa and Jephte Lanthia reflect on what

The One Big Beautiful Bill Act introduces significant and permanent changes that reshape tax planning for both individuals and businesses. In this episode, Chris Klug and Gina Lee walk through

What does it mean to redefine success in the practice of law? In this anniversary episode, Basswood’s founders discuss their values, the story behind the Basswood name, and why true

Most business owners don’t realize how closely succession planning, estate planning, and exit strategy are connected. In this episode, we walk through what business succession planning really involves and why

As crypto adoption accelerates, AML compliance is evolving just as quickly. In this episode, we discuss how compliance professionals and institutions are navigating fraud risk, evolving investor behavior, and a

The promise of AI in AML lies in speed, scale, and insight, but the pitfalls are equally real. In this episode, we discuss how financial institutions can responsibly integrate AI

As the U.S. positions itself as a global leader in crypto and fintech, regulatory clarity has become a central theme. In this episode, we examine what recent policy shifts mean

OBBBA is not just a policy update – it’s a practical planning roadmap for individuals and families. In this conversation, we explore how the Act affects income taxes, credits, deductions,

From expanded deductions to reinstated incentives, the One Big Beautiful Bill Act reshapes the tax landscape for U.S. businesses. This episode breaks down the key provisions and highlights the planning

In M&A, process and people matter as much as price. This episode explores why assembling an experienced advisory team early can make or break a transaction.

Renouncing U.S. citizenship or terminating a green card comes with significant tax consequences that extend well beyond paperwork. This episode breaks down expatriation, covered expatriate status, and the planning considerations

The appointment of a new SEC Chairman often signals more than a leadership change – it sets the tone for regulatory priorities ahead. In this episode, we examine how Chairman

AI has the power to amplify both strengths and weaknesses within an organization. In this conversation, we discuss why boards must actively engage with AI – setting guardrails, governance frameworks,

The post Transfer Pricing Explained: Getting It Right Across Borders  appeared first on Basswood Counsel.

Season 2 Episode 6:

Estate Planning Explained: When a Will Is Enough – and When a Trust Makes Sense

  Watch on YouTube

Should your estate plan be built around a will or a trust?

In this episode of Under the Basswood Tree podcast, Chris Klug and Renee Tiun discuss how these two tools function within an estate plan, including how revocable living trusts can streamline asset management, maintain privacy, and avoid probate when properly funded. The conversation also explores incapacity planning, common misconceptions about control over trust assets, and how estate planning strategies should evolve as families, wealth, and circumstances change.

This episode covers:

• Why estate planning is not simply drafting a will and how wills and revocable living trusts play different roles in managing and transferring assets.

• What makes a revocable living trust effective. This conversation highlights why assets must be properly transferred into a trust for it to avoid probate and function as intended.

• How revocable trusts allow flexibility during your lifetime. Grantors typically retain full control of trust assets while creating a smoother transition for beneficiaries.

• Why probate can create delays and public exposure. This episode explains how probate works and why many families plan to avoid it when possible.

• How estate plans should evolve over time. Life events such as marriage, children, new assets, or business ownership can change how an estate plan should be structured.

Chris is a trusted attorney with extensive experience in taxation, corporate planning, mergers and acquisitions, and estate planning. He guides clients through complex tax matters to deliver practical solutions.

Renee, a foreign‑trained attorney and enrolled agent at Basswood Counsel specializes in U.S. domestic and cross border taxation. She brings over a decade of broad legal experience, including eight years working with complex U.S. international tax issues, offering clients a thoughtful, cross‑border perspective grounded in practical experience.

If this episode resonates with what you’re working through, contact [email protected]. We’ll help you bring clarity to the key decisions, risks, and priorities, with the right support across our complementary practice areas.

From first contact to post-closing integration, M&A transactions demand structure, foresight, and resilience. In this episode, we explain how understanding the process helps owners navigate risk, timing, and negotiation more

For non-U.S. companies, the decision to operate in the U.S. is as much a tax decision as a business one. In this episode, we break down how footprint, structure, and

A year of regulatory change has reshaped how businesses approach securities, fintech, and digital assets in the U.S. In this anniversary episode, Hazvinei Mugwagwa and Jephte Lanthia reflect on what

The One Big Beautiful Bill Act introduces significant and permanent changes that reshape tax planning for both individuals and businesses. In this episode, Chris Klug and Gina Lee walk through

What does it mean to redefine success in the practice of law? In this anniversary episode, Basswood’s founders discuss their values, the story behind the Basswood name, and why true

Most business owners don’t realize how closely succession planning, estate planning, and exit strategy are connected. In this episode, we walk through what business succession planning really involves and why

As crypto adoption accelerates, AML compliance is evolving just as quickly. In this episode, we discuss how compliance professionals and institutions are navigating fraud risk, evolving investor behavior, and a

The promise of AI in AML lies in speed, scale, and insight, but the pitfalls are equally real. In this episode, we discuss how financial institutions can responsibly integrate AI

As the U.S. positions itself as a global leader in crypto and fintech, regulatory clarity has become a central theme. In this episode, we examine what recent policy shifts mean

OBBBA is not just a policy update – it’s a practical planning roadmap for individuals and families. In this conversation, we explore how the Act affects income taxes, credits, deductions,

From expanded deductions to reinstated incentives, the One Big Beautiful Bill Act reshapes the tax landscape for U.S. businesses. This episode breaks down the key provisions and highlights the planning

In M&A, process and people matter as much as price. This episode explores why assembling an experienced advisory team early can make or break a transaction.

Renouncing U.S. citizenship or terminating a green card comes with significant tax consequences that extend well beyond paperwork. This episode breaks down expatriation, covered expatriate status, and the planning considerations

The appointment of a new SEC Chairman often signals more than a leadership change – it sets the tone for regulatory priorities ahead. In this episode, we examine how Chairman

AI has the power to amplify both strengths and weaknesses within an organization. In this conversation, we discuss why boards must actively engage with AI – setting guardrails, governance frameworks,

The post Estate Planning Explained: When a Will Is Enough and When a Trust Makes Sense  appeared first on Basswood Counsel.

Season 2 Episode 5:

The Strategic Importance of Estate Planning

Many people believe estate planning begins and ends with a will. In reality, it involves aligning assets, debts, business interests, retirement planning, and tax implications into a cohesive strategy. This episode explores the pitfalls of DIY or incomplete planning and explains how a coordinated, personalized approach protects both your family and your legacy.

This episode covers:

Why estate planning is not just about drafting a will or trust, but about coordinating assets, debts, beneficiary designations, and long-term family goals.

Real-world examples of how incomplete or DIY estate plans – including unfunded trusts – can create unintended probate complications.

How estate planning should evolve over time, from young families to business owners to later-life transitions.

The importance of trust funding and beneficiary alignment, and why signed documents alone do not ensure assets transfer as intended.

How estate planning connects with income tax, estate and gift tax, business succession, and cross-border considerations – especially for complex estates.

Chris is a trusted attorney with extensive experience in taxation, corporate planning, mergers and acquisitions, and estate planning. He guides clients through complex tax matters to deliver practical solutions.

Gina Lee is your trusted guide for U.S. tax law, corporate compliance, and estate planning, providing personalized, strategic counsel to help achieve your financial and personal goals with confidence.

If this episode resonates with what you’re working through, contact [email protected]. We’ll help you bring clarity to the key decisions, risks, and priorities, with the right support across our complementary practice areas.

From first contact to post-closing integration, M&A transactions demand structure, foresight, and resilience. In this episode, we explain how understanding the process helps owners navigate risk, timing, and negotiation more

For non-U.S. companies, the decision to operate in the U.S. is as much a tax decision as a business one. In this episode, we break down how footprint, structure, and

A year of regulatory change has reshaped how businesses approach securities, fintech, and digital assets in the U.S. In this anniversary episode, Hazvinei Mugwagwa and Jephte Lanthia reflect on what

The One Big Beautiful Bill Act introduces significant and permanent changes that reshape tax planning for both individuals and businesses. In this episode, Chris Klug and Gina Lee walk through

What does it mean to redefine success in the practice of law? In this anniversary episode, Basswood’s founders discuss their values, the story behind the Basswood name, and why true

Most business owners don’t realize how closely succession planning, estate planning, and exit strategy are connected. In this episode, we walk through what business succession planning really involves and why

As crypto adoption accelerates, AML compliance is evolving just as quickly. In this episode, we discuss how compliance professionals and institutions are navigating fraud risk, evolving investor behavior, and a

The promise of AI in AML lies in speed, scale, and insight, but the pitfalls are equally real. In this episode, we discuss how financial institutions can responsibly integrate AI

As the U.S. positions itself as a global leader in crypto and fintech, regulatory clarity has become a central theme. In this episode, we examine what recent policy shifts mean

OBBBA is not just a policy update – it’s a practical planning roadmap for individuals and families. In this conversation, we explore how the Act affects income taxes, credits, deductions,

From expanded deductions to reinstated incentives, the One Big Beautiful Bill Act reshapes the tax landscape for U.S. businesses. This episode breaks down the key provisions and highlights the planning

In M&A, process and people matter as much as price. This episode explores why assembling an experienced advisory team early can make or break a transaction.

Renouncing U.S. citizenship or terminating a green card comes with significant tax consequences that extend well beyond paperwork. This episode breaks down expatriation, covered expatriate status, and the planning considerations

The appointment of a new SEC Chairman often signals more than a leadership change – it sets the tone for regulatory priorities ahead. In this episode, we examine how Chairman

AI has the power to amplify both strengths and weaknesses within an organization. In this conversation, we discuss why boards must actively engage with AI – setting guardrails, governance frameworks,

The post The Strategic Importance of Estate Planning appeared first on Basswood Counsel.

Season 2 Episode 04:

FBAR and FATCA Explained – Understanding the Differences and Overlap

  Watch on YouTube

FBAR and FATCA compliance doesn’t start at the filing deadline, it starts with early planning. In Part 2 of our FBAR and FATCA series, Rudo Mugwagwa and Gina Lee move from understanding the rules to addressing where filings most often break down and how to avoid those issues.

For U.S. persons with foreign accounts, global families, financial institutions, and compliance teams, this episode highlights filing thresholds, documentation practices, certifications, and why proactive coordination is critical to avoiding penalties, delays, and unnecessary follow-up during the reporting cycle.

Episode highlights:

The importance of reviewing maximum account value, not just year-end balances

Why dormant or forgotten foreign accounts still require attention

The operational differences between Model 1 and Model 2 FATCA jurisdictions

Why financial institutions must review investor certifications, policies, and responsible officer recertifications before March filings

Gina Lee is your trusted guide for U.S. tax law, corporate compliance, and estate planning, providing personalized, strategic counsel to help achieve your financial and personal goals with confidence.

Rudo advises on investment funds, corporate, and cross-border compliance matters, with experience across fund formation, governance, and investor-side advisory.

If this episode resonates with what you’re working through, contact [email protected]. We’ll help you bring clarity to the key decisions, risks, and priorities, with the right support across our complementary practice areas.

From first contact to post-closing integration, M&A transactions demand structure, foresight, and resilience. In this episode, we explain how understanding the process helps owners navigate risk, timing, and negotiation more

For non-U.S. companies, the decision to operate in the U.S. is as much a tax decision as a business one. In this episode, we break down how footprint, structure, and

A year of regulatory change has reshaped how businesses approach securities, fintech, and digital assets in the U.S. In this anniversary episode, Hazvinei Mugwagwa and Jephte Lanthia reflect on what

The One Big Beautiful Bill Act introduces significant and permanent changes that reshape tax planning for both individuals and businesses. In this episode, Chris Klug and Gina Lee walk through

What does it mean to redefine success in the practice of law? In this anniversary episode, Basswood’s founders discuss their values, the story behind the Basswood name, and why true

Most business owners don’t realize how closely succession planning, estate planning, and exit strategy are connected. In this episode, we walk through what business succession planning really involves and why

As crypto adoption accelerates, AML compliance is evolving just as quickly. In this episode, we discuss how compliance professionals and institutions are navigating fraud risk, evolving investor behavior, and a

The promise of AI in AML lies in speed, scale, and insight, but the pitfalls are equally real. In this episode, we discuss how financial institutions can responsibly integrate AI

As the U.S. positions itself as a global leader in crypto and fintech, regulatory clarity has become a central theme. In this episode, we examine what recent policy shifts mean

OBBBA is not just a policy update – it’s a practical planning roadmap for individuals and families. In this conversation, we explore how the Act affects income taxes, credits, deductions,

From expanded deductions to reinstated incentives, the One Big Beautiful Bill Act reshapes the tax landscape for U.S. businesses. This episode breaks down the key provisions and highlights the planning

In M&A, process and people matter as much as price. This episode explores why assembling an experienced advisory team early can make or break a transaction.

Renouncing U.S. citizenship or terminating a green card comes with significant tax consequences that extend well beyond paperwork. This episode breaks down expatriation, covered expatriate status, and the planning considerations

The appointment of a new SEC Chairman often signals more than a leadership change – it sets the tone for regulatory priorities ahead. In this episode, we examine how Chairman

AI has the power to amplify both strengths and weaknesses within an organization. In this conversation, we discuss why boards must actively engage with AI – setting guardrails, governance frameworks,

The post FBAR and FATCA – Filing Pitfalls, Thresholds, and Practical Tips appeared first on Basswood Counsel.

Season 2 Episode 03:

FBAR and FATCA Explained – Understanding the Differences and Overlap

  Watch on YouTube

In this episode of the Under the Basswood Tree podcast, Basswood Counsel attorneys Rudo Mugwagwa and Gina Lee explain two U.S. cross-border reporting regimes that are often confused: FBAR and FATCA.

The discussion breaks down what each regime is designed to do, how they differ, where they overlap, and why many taxpayers and institutions struggle to understand how the rules fit together. The episode also clarifies who is required to file, what types of accounts and assets are reportable, and why FBAR and FATCA compliance extends beyond simply filing a U.S. tax return.

This is Part 1 of a two-part series focused on providing clarity around FBAR and FATCA for U.S. persons with foreign accounts, global families, business owners, and financial institutions navigating cross-border reporting obligations.

Episode highlights:

• What FBAR is, why it exists, and why it is a reporting obligation

• Who qualifies as a U.S. person for FBAR purposes, including individuals and entities

• How account ownership, joint accounts, and signature authority trigger FBAR filing

• Why maximum account value, not year-end balance, determines FBAR thresholds

• Common FBAR pitfalls, including accounts held for children or through foreign entities

• How FATCA differs from FBAR, focusing on financial institutions and entity-level reporting

Rudo advises on investment funds, corporate, and cross-border compliance matters, with experience across fund formation, governance, and investor-side advisory.

Gina Lee is your trusted guide for U.S. tax law, corporate compliance, and estate planning, providing personalized, strategic counsel to help achieve your financial and personal goals with confidence.

If this episode resonates with what you’re working through, contact [email protected]. We’ll help you bring clarity to the key decisions, risks, and priorities, with the right support across our complementary practice areas.

From first contact to post-closing integration, M&A transactions demand structure, foresight, and resilience. In this episode, we explain how understanding the process helps owners navigate risk, timing, and negotiation more

For non-U.S. companies, the decision to operate in the U.S. is as much a tax decision as a business one. In this episode, we break down how footprint, structure, and

A year of regulatory change has reshaped how businesses approach securities, fintech, and digital assets in the U.S. In this anniversary episode, Hazvinei Mugwagwa and Jephte Lanthia reflect on what

The One Big Beautiful Bill Act introduces significant and permanent changes that reshape tax planning for both individuals and businesses. In this episode, Chris Klug and Gina Lee walk through

What does it mean to redefine success in the practice of law? In this anniversary episode, Basswood’s founders discuss their values, the story behind the Basswood name, and why true

Most business owners don’t realize how closely succession planning, estate planning, and exit strategy are connected. In this episode, we walk through what business succession planning really involves and why

As crypto adoption accelerates, AML compliance is evolving just as quickly. In this episode, we discuss how compliance professionals and institutions are navigating fraud risk, evolving investor behavior, and a

The promise of AI in AML lies in speed, scale, and insight, but the pitfalls are equally real. In this episode, we discuss how financial institutions can responsibly integrate AI

As the U.S. positions itself as a global leader in crypto and fintech, regulatory clarity has become a central theme. In this episode, we examine what recent policy shifts mean

OBBBA is not just a policy update – it’s a practical planning roadmap for individuals and families. In this conversation, we explore how the Act affects income taxes, credits, deductions,

From expanded deductions to reinstated incentives, the One Big Beautiful Bill Act reshapes the tax landscape for U.S. businesses. This episode breaks down the key provisions and highlights the planning

In M&A, process and people matter as much as price. This episode explores why assembling an experienced advisory team early can make or break a transaction.

Renouncing U.S. citizenship or terminating a green card comes with significant tax consequences that extend well beyond paperwork. This episode breaks down expatriation, covered expatriate status, and the planning considerations

The appointment of a new SEC Chairman often signals more than a leadership change – it sets the tone for regulatory priorities ahead. In this episode, we examine how Chairman

AI has the power to amplify both strengths and weaknesses within an organization. In this conversation, we discuss why boards must actively engage with AI – setting guardrails, governance frameworks,

The post FBAR and FATCA Explained – Understanding the Differences and Overlap appeared first on Basswood Counsel.

FBAR and FATCA compliance doesn’t start at the filing deadline, it starts with early planning. In Part 2 of our FBAR and FATCA series, Rudo Mugwagwa and Gina Lee move from understanding the rules to addressing where filings most often break down and how to avoid those issues.

For U.S. persons with foreign accounts, global families, financial institutions, and compliance teams, this episode highlights filing thresholds, documentation practices, certifications, and why proactive coordination is critical to avoiding penalties, delays, and unnecessary follow-up during the reporting cycle.

Disclaimer:

This podcast is for informational purposes only and does not constitute legal advice. Listening to this podcast does not create an attorney–client relationship. For advice on your specific situation, please reach out to the Basswood Counsel team or consult a qualified attorney.

In this episode of the Under the Basswood Tree podcast, Basswood Counsel attorneys Rudo Mugwagwa and Gina Lee explain two U.S. cross-border reporting regimes that are often confused: FBAR and FATCA.

The discussion breaks down what each regime is designed to do, how they differ, where they overlap, and why many taxpayers and institutions struggle to understand how the rules fit together. The episode also clarifies who is required to file, what types of accounts and assets are reportable, and why FBAR and FATCA compliance extends beyond simply filing a U.S. tax return.

This is Part 1 of a two-part series focused on providing clarity around FBAR and FATCA for U.S. persons with foreign accounts, global families, business owners, and financial institutions navigating cross-border reporting obligations.

Disclaimer:

This podcast is for informational purposes only and does not constitute legal advice. Listening to this podcast does not create an attorney–client relationship. For advice on your specific situation, please reach out to the Basswood Counsel team or consult a qualified attorney.

Season 2 Episode 02:

Coming to America (Part 2): Key U.S. Tax Considerations

In this episode of the Under the Basswood Tree podcast, Chris Klug and Gina Lee continue the Coming to America series with a focused look at the U.S. tax considerations non-U.S. businesses face once operations begin. They walk through key issues to evaluate- from federal and state incentives to transfer pricing, treaty benefits, real estate considerations, and exit planning.

The conversation highlights why viewing U.S. expansion through a global lens and planning early can help avoid costly missteps while positioning the business for long-term, sustainable growth.

Listen to Part 1 of the Coming to America series here.

Episode highlights:

How federal tax incentives including R&D credits, bonus depreciation, and Section 179 factor into U.S. operating decisions

Why domestic R&D expensing under OBBBA creates meaningful opportunities for eligible foreign-owned businesses

Common transfer pricing pitfalls, why documentation matters, and how the arm’s-length standard is applied

How income tax treaties allocate taxing rights, reduce double taxation, and shift the analysis to permanent establishment

The impact of FIRPTA on foreign owners of U.S. real estate and why withholding can create cash-flow issues

Why state and local taxes often apply even when federal tax does not, including income, sales, and economic nexus rules

How exit planning – stock sales, asset sales, dividends, or liquidation – must be evaluated on a global, not single-country, basis

Chris is a trusted attorney with extensive experience in taxation, corporate planning, mergers and acquisitions, and estate planning. He guides clients through complex tax matters to deliver practical solutions.

Gina Lee is your trusted guide for U.S. tax law, corporate compliance, and estate planning, providing personalized, strategic counsel to help achieve your financial and personal goals with confidence.

If this episode resonates with what you’re working through, contact [email protected]. We’ll help you bring clarity to the key decisions, risks, and priorities, with the right support across our complementary practice areas.

From first contact to post-closing integration, M&A transactions demand structure, foresight, and resilience. In this episode, we explain how understanding the process helps owners navigate risk, timing, and negotiation more

For non-U.S. companies, the decision to operate in the U.S. is as much a tax decision as a business one. In this episode, we break down how footprint, structure, and

A year of regulatory change has reshaped how businesses approach securities, fintech, and digital assets in the U.S. In this anniversary episode, Hazvinei Mugwagwa and Jephte Lanthia reflect on what

The One Big Beautiful Bill Act introduces significant and permanent changes that reshape tax planning for both individuals and businesses. In this episode, Chris Klug and Gina Lee walk through

What does it mean to redefine success in the practice of law? In this anniversary episode, Basswood’s founders discuss their values, the story behind the Basswood name, and why true

Most business owners don’t realize how closely succession planning, estate planning, and exit strategy are connected. In this episode, we walk through what business succession planning really involves and why

As crypto adoption accelerates, AML compliance is evolving just as quickly. In this episode, we discuss how compliance professionals and institutions are navigating fraud risk, evolving investor behavior, and a

The promise of AI in AML lies in speed, scale, and insight, but the pitfalls are equally real. In this episode, we discuss how financial institutions can responsibly integrate AI

As the U.S. positions itself as a global leader in crypto and fintech, regulatory clarity has become a central theme. In this episode, we examine what recent policy shifts mean

OBBBA is not just a policy update – it’s a practical planning roadmap for individuals and families. In this conversation, we explore how the Act affects income taxes, credits, deductions,

From expanded deductions to reinstated incentives, the One Big Beautiful Bill Act reshapes the tax landscape for U.S. businesses. This episode breaks down the key provisions and highlights the planning

In M&A, process and people matter as much as price. This episode explores why assembling an experienced advisory team early can make or break a transaction.

Renouncing U.S. citizenship or terminating a green card comes with significant tax consequences that extend well beyond paperwork. This episode breaks down expatriation, covered expatriate status, and the planning considerations

The appointment of a new SEC Chairman often signals more than a leadership change – it sets the tone for regulatory priorities ahead. In this episode, we examine how Chairman

AI has the power to amplify both strengths and weaknesses within an organization. In this conversation, we discuss why boards must actively engage with AI – setting guardrails, governance frameworks,

The post Coming to America (Part 2): Key U.S. Tax Considerations appeared first on Basswood Counsel.

In this episode of the Under the Basswood Tree podcast, Chris Klug and Gina Lee continue the Coming to America series with a focused look at the U.S. tax considerations non-U.S. businesses face once operations begin. They walk through key issues to evaluate- from federal and state incentives to transfer pricing, treaty benefits, real estate considerations, and exit planning. 

The conversation highlights why viewing U.S. expansion through a global lens and planning early can help avoid costly missteps while positioning the business for long-term, sustainable growth. 

Disclaimer:

This podcast is for informational purposes only and does not constitute legal advice. Listening to this podcast does not create an attorney–client relationship. For advice on your specific situation, please reach out to the Basswood Counsel team or consult a qualified attorney.