With nearly three decades of experience – much of it preparing tax returns for nonresident aliens, U.S. residents that are eligible for the foreign earned income exclusion, and U.S. residents who control foreign corporations – Lynn Eller is the perfect choice to lead the firm’s international tax practice. Additionally, she pulls on her deep expertise of complex global tax issues to advise businesses expanding abroad as a program partner for the Virginia Leaders in Export Trade. She serves as a technical resource for international tax issues and presents seminars for her peers within PBMares.
Her knowledge of owner-managed businesses’ tax needs and hands-on approach to her work makes her a valued asset to her clients in a variety of industries, including professional services, real estate, healthcare, and manufacturing. She is particularly adept at helping business owners realize federal and state tax credits and incentives such as the research and development credit, foreign-derived intangible income deduction, and numerous state incentives.
She holds an Advanced Professional Certificate in International Taxation (APCIT) designated by the International Bureau of Fiscal Documentation (IBFD) which furthered her expertise in international tax from both a domestic and worldwide perspective. She also earned the Personal Financial Specialist (PFS) credential, indicating her extensive expertise in assessing the tax implications of investments, retirement plans, insurance, and estate planning.
When not helping entrepreneurs expand their businesses globally, she loves traveling. In fact, she lived in Pakistan and Saudi Arabia for stints during her younger years. When COVID grounded her stateside, she focused her creativity on baking and bread making and looks forward to traveling to take classes and meet bakers in other countries. Meanwhile, she enjoys spending time with her extended family, including her two daughters, a fashion buyer, and a veterinarian.
PROFESSIONAL ASSOCIATIONS:
- American Institute of Certified Public Accountants
- Virginia Society of Certified Public Accountants
- International Special Interest Group Founder and Chair
EDUCATION:
- Bachelor of Science in Accounting from Virginia Tech in Blacksburg, Virginia
ARTICLES:
Expatriating Americans: Beware the Exit Tax
For a variety of reasons, many Americans living overseas contemplate relinquishing their citizenship. This process has a number of ramifications that warrant serious consideration. This article will focus on the tax impact of renouncing US citizenship — the US Exit Tax.
Subsidized Resources for Virginia Companies that Export Overseas
PBMares assists Virginia companies to save time and money by leveraging strategic and subsidized international business services available from the Commonwealth of Virginia.
How Do I Complete a W-8BEN-E Form? … and What Is It?
If you are reading this article you have likely been tasked to complete the 30 Part, 8 page IRS form filled with mystifying acronyms. We feel your pain. The key takeaway is that you can save on tax and paperwork grief by completing this correctly.
Selling Overseas: What Triggers a Foreign Tax Filing Requirement?
As selling overseas becomes easier and staff becomes more internationally mobile, understanding foreign tax filing requirements is critical. A good place to begin is by considering the permanent establishment threshold.
Exporters May Be Leaving Money on the Table
Unless your business is taking advantage of the special export tax incentive known as IC-DISC (interest-charge domestic international sales corporation), you may be leaving money on the table.
GILTI: An Overview
US citizens and tax residents who have formed — or are considering forming — a corporation in a foreign country may be impacted by global intangible low-taxed income (GILTI). The tax implications and considerations are complex. Understanding GILTI is important for making informed decisions for yourself and your business structure.
Three Tax Considerations for U.S. Companies Paying Independent Contractors Overseas
It’s increasingly common for U.S. companies to do some portion of their business overseas. For those businesses, reporting on foreign transactions for tax purposes can become complicated.
In this blog, we outline several steps to begin managing your tax reporting responsibilities.
What C Corporations Need to Know About the FDII Deduction
Foreign-derived intangible income (FDII) is generated when a C Corporation serves foreign markets. This includes the sale of property, licensing intangible property, as well as […]
When Remote Employees Work Overseas: Three Ways to Avoid Cross-Border Tax Complications
If your business has — or is considering hiring — remote employees working outside the U.S., it’s important to know how that arrangement impacts employment tax. Here are three considerations to protect your business from cross-border tax complications.
Checklist for Foreign Companies Expanding a Business into the United States
When foreign businesses expand operations in the U.S., several areas must be addressed – starting with entity selection, understanding differences in American taxes vs the parent company’s home country, and more. This checklist can help.
The Biden Tax Plan: Changes to Global Intangible Low-Taxed Income (GILTI)
The new Global Intangible Low-Taxed Income (GILTI) regime imposes U.S. tax on foreign earnings of certain foreign corporations whether or not the profits are repatriated to the U.S. owner.
Top Five Reasons You Need an International Tax Expert
Doing business overseas? Learn about the top five signs your company may need the assistance of an international tax accountant. Understanding international tax issues will position your company for future success in global business endeavors.