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U.S. · Ukraine

U.S. and Ukrainian taxes, prepared to agree

Many Ukrainians arrived in the U.S. in recent years — some on humanitarian parole, some on work visas, some as new permanent residents — often keeping accounts, property, and businesses at home. The first U.S. years are where residency timing, Ukrainian income, and reporting of foreign accounts get decided.

Income tax treatyFirst U.S. yearsOne team, one plan
Who we help

Who this is for

Ukrainians in their first U.S. years on parole, visas, or new residency

Americans with Ukrainian income, property, or family businesses

Owners of a Ukrainian company with U.S. ties, or a U.S. company owned from Ukraine

Remote workers paid from one country while living in the other

The problem

Where these files go wrong

  1. 01

    The first-year residency date set wrong, pulling Ukrainian income into U.S. tax that didn’t need to be

  2. 02

    Ukrainian bank and brokerage accounts left off FBAR and Form 8938

  3. 03

    A Ukrainian company owned by a U.S. resident with no Form 5471

  4. 04

    Income from Ukrainian clients treated as “foreign” when the work was done in the U.S.

  5. 05

    Treaty positions never filed, so the same income is taxed twice

Snapshot

Working between the U.S. and Ukraine

On the U.S. side

  • Residency startResidency start date and dual-status first year
  • TreatyU.S.–Ukraine income tax treaty positions where they help
  • CreditsForeign tax credit for Ukrainian income tax
  • ReportingReporting of Ukrainian accounts and companies

On the Ukrainian side

  • ResidencyWorldwide taxation for Ukrainian tax residents
  • Living abroadResidency questions for those abroad long-term
  • Social securityNo totalization agreement with the U.S.
  • Local filingLocal filing by a Ukrainian adviser, coordinated with ours

General orientation, not advice — confirmed for your facts in the engagement.

What we handle

What we handle, start to finish

U.S. returns for expats and new residents

Forms 1040 and 1040-NR, dual-status years, foreign earned income exclusion (Form 2555), foreign tax credit (Form 1116)

Foreign account and asset reporting

FBAR (FinCEN 114) and Form 8938

Foreign company and partnership reporting

Forms 5471, 5472, 8858, and 8865

Treaty positions

Form 8833 and withholding coordination, where a treaty exists

Foreign trusts, pensions, and funds

Forms 3520 and 3520-A, PFIC analysis (Form 8621)

Catch-up filings

The Streamlined Filing Compliance Procedures for people who didn’t know they had to file

U.S. taxpayer numbers and real estate

ITIN applications and FIRPTA compliance

Coordination with the foreign return

Whoever prepares the other country’s return, we make sure credits, dates, and positions match before either is filed

Who does the work

Three kinds of returns. One team that makes them agree.

We handle U.S. domestic returns, cross-border (U.S.–Canada) returns, and international tax returns. When a case calls for deeper expertise — in any country — we bring in hand-picked specialists who work under our lead. One team, one point of contact, one plan — and returns that agree.

  • You know who is working on your file
  • One plan and one price, quoted in writing
  • Both returns reviewed together before anything is filed

How your file is staffed

  • U.S. domestic returnsour U.S. Tax Desk
  • Cross-border (U.S.–Canada)our U.S. and Canadian Tax Desks, together
  • Internationalhand-picked country specialists, under our lead
  • Your single point of contactFairlight
How it works

From first call to filed, on both sides

1

A free fit call

Fifteen minutes. Which countries, which years, what’s been filed. We tell you honestly what’s needed and whether we can coordinate the foreign side.

2

A written scope and price

The U.S. work and the coordination, quoted in writing before anything starts. No hourly meter.

3

Both sides prepared together

Each return is prepared with the same facts, and credits, dates, and positions are matched before either is filed.

4

Filed, and on a schedule

Both returns filed, deadlines tracked, and the next year planned — not just the one behind you.

Questions people ask

U.S.–Ukraine tax, up front

Is there a tax treaty between the U.S. and Ukraine?

Yes. It supports credits and determines taxing rights on certain income; benefits must be claimed on the return.

When does my U.S. tax residency start?

It depends on your status and days present. Getting the start date right determines which Ukrainian income is in and which is out — we settle it before anything is filed.

I work remotely for a Ukrainian company from the U.S. Where is that taxed?

Work performed in the U.S. is U.S.-source income regardless of where the employer sits. We coordinate what Ukraine taxes so credits line up.

My accounts are in Ukraine. Do I report them?

If the combined value crosses the thresholds, yes — FBAR and possibly Form 8938. The penalties for missing them are steep, so this is where we start.

What does it cost?

It depends on the countries, the years, and the forms involved, so we quote it in writing after a short call — fixed, before any work begins. No hourly meter and no surprise add-ons.

How do we get started?

Book a free 15-minute fit call. Bring your last filed returns if you have them; if you don’t, book anyway.

Ties to Ukraine? Start here.

A free 15-minute call, then a written scope and price. No payment until after.