After a long hiatus, we’re back with a new episode of From the Midwest to the Middle East! In this episode, Philip chatted with born and bred insurance guy Jonathan Spetner...
Numbers are a part of my everyday life. The three numbers above hold a personal connection for me. Two years ago, due to various Covid-19 restrictions, my next-door neighbors and...
The good, the bad, and the ugly truth for Americans in Israel There has been a lot of talk about how dysfunctional the IRS is these days. In 2021, out of...
This week in the Jewish calendar, we began to read the book of “Shmot” (Exodus) once again. The seventy souls who are the ancestors of the Jewish people leave the...
Uncle Sam wants you even if you’re just an Accidental American! The lure of the bright lights and professional kudos led Gil and Sara to New York. Their daughter, Noa was...
In the past, if someone in Israel wanted to donate stock to an Israeli charity, they first had to sell the stock, pay the tax on the gain, and then...
At this time of year, I believe most people I know are focused on the coming year rather than reviewing the year past. I think one of the reasons behind...
As you have likely already heard, the American Rescue Plan has enhanced the Child Tax Credit for the 2021 tax year....
Working in the United States for most Israelis is exciting and often financially rewarding. The time comes for many to return home, but this can lead to many questions and...
Arizona is having an economic growth spurt and has become a go-to state for the high-tech world. In this episode, Philip speaks with David Yaari, the Founding Director-General of the...
Israel-based AnD Ventures just launched with a seed fund of $50 Million! In this episode, Philip chats with their Managing Partner, Lee Moser, about the world of Venture Capital funds...
Question: My investment advisor suggested that I invest in a SPAC; as a U.S. taxpayer, are there any obstacles to my investing in a SPAC? Answer: First, let’s explain what a SPAC is,...
Tune in to Philip's inspiring chat with Life Vest Inside founder, Orly Wahba. "Orly is an educator, entrepreneur, author, inspirational speaker, and community activist passionate about inspiring and motivating people...
For most of my contemporaries, last year’s Seder was limited to one or two people. People’s tables were set out modestly, and the Seder itself was completed in record time....
[vc_row][vc_column][vc_column_text] On Thursday, March 11, 2021, President Biden signed the American Rescue Plan Act of 2021 into law. Below, we will discuss some of the tax-related provisions. First, we’ll review the...
Tune into this week's episode as we talk to Yael Wissner Levy- VP of communications at Lemonade, an innovative insurance company that has disrupted the centuries-old insurance industry. Lemonade uses...
As we move into the year 2021 and the COVID-19 pandemic continues to change the world, one of the many areas that people have come to reassess is their state...
[vc_row][vc_column][vc_column_text] As we enter our third lockdown and the Israeli government announces a fourth round of elections in 2 years, some good news—Americans will be receiving a second round of stimulus...
Have you ever learned a life hack from a video on social media? Chances are today's guest is behind it. In this episode, Philip chats with Sharon Rechter, President and...
Join us for a breakthrough conversation on Israeli giving as we chat with the CEO of Keshet DAF IL and Director of JFN, Maya Natan, on providing donors an effective,...
Anyone who has ever flown on a commercial flight has heard the following announcement. “At this time, make sure your seat backs and tray tables are in their full upright position...
[vc_row][vc_column][vc_column_text] This Memorandum was contributed by our colleagues at Benjamini & Co - Law Fim In a few weeks (barring dramatic court decisions), Joe Biden will become the 46th president of the...
Tune into episode 106 as we discuss charitable giving in the new era with Ori Ben-Shlomo of JGive. Middle man out, all-inclusive tax needs in. JGive makes it easier and...
As we enter the 9th month of living with COVID-19 (who would have believed it would go on for so long?), I have started to think about how we will...
[vc_row][vc_column][vc_column_text] One of the most significant issues facing both Israelis returning to Israel from time spent working in the U.S. as well as for Americans making Aliyah regards the various U.S....
When I was a kid, if someone mentioned Robin Hood, my generation immediately thought of the iconic Hollywood actor Errol Flynn. My kids would probably associate Robin Hood with Kevin...
The meat alternative industry is booming and Redefine Meat is at the forefront with its revolutionary 3D printing technique that mimics the texture and taste of real beef. Meat...
[vc_row][vc_column][vc_column_text] There are several misconceptions regarding the tax benefits of charitable giving, some of them specifically pertaining to US citizens living in Israel. We hope that the below Q&A, along with...
[vc_row][vc_column][vc_column_text] Returning to live in Israel after many years abroad very often includes planning for assets that have been accumulated or acquired while you were in the U.S. Three of the...
Learn to stay out of the red and reduce the stress of managing your expenses by tapping into the power of riseup, the financial assistance service that's only a Whatsapp...
[vc_row][vc_column][vc_column_text] One of the many trends we are seeing in the COVID-19 crisis is an increase in Israeli citizens who were working abroad returning home to Israel. This return is partly...
[vc_row][vc_column][vc_column_text] On July 20th, 2020, the IRS issued the much anticipated final GILTI high tax exclusion regulations. In short, any foreign corporation that pays foreign tax at a rate of 90% or...
Visas, Greencards and relocation procedures in the Coronavirus era got you confused? We were too until speaking with Cindy Azoulay of AK Immigration, a global corporate immigration law firm in...
Wellness. It's on everyone's mind these past few challenging months. Welltech1 invests in and accelerates wellness startups with the ultimate goal of increasing viability, seeking additional investment, and connecting to global...
COVID-19 has made us look at the health industry differently and brought telemedicine to the next level with K health, which stands at the forefront of this digital revolution. The K...
[vc_row][vc_column][vc_column_text]For U.S. citizens living abroad, one of the most overlooked tools they can use to reduce their tax exposure is gifting. Two U.S. citizens living in Israel gifting back and...
Racism is a difficult topic to write about. Sometime last year my wife Judy and I went to see the movie The Green Book. Although the film tells a compelling...
Five years ago, we started on a new journey by starting our podcast. Today not only are we happy to broadcast our 100th episode but we're thrilled to interview Jon...
When I was a kid in the mid-1960s, Whitey, Jimmy, and Joe were about 60 years old. I recall them, their faces, names, and stories, as semi-regulars, older men employed...
Tune in this week's episode as we talk to VP of Philanthropic Services and CMO at JCFNY, Ellen Smith Israelson, about charitable giving. We discuss next-generation philanthropy and programs to help...
COVID-19 has brought about many changes to our economic environment, causing consumers, businesses, and governments at every level to reassess prevalent economic truths. In times like this, it is imperative...
If you're thinking of selling your home in Israel, the tips in the video below will help you better understand the U.S. tax implications. [embed]https://youtu.be/3B71Cz6mOnc[/embed] ...
(or It's Beginning To Look A Lot Like Pesach) Ever since I can remember, I have loved music, whether it was my grandfather introducing me to Scheherazade by Rimsky-Korsakov, my father...
This past Friday, President Trump signed the much-anticipated stimulus bill, the CARES Act, into law. Here is a summary of the key provisions that impact individual taxpayers: Stimulus Payments: The government will...
I am writing this blog a mere two weeks after Purim, when I sat with most of my family around our dining table feasting on sushi and pizza (you need...
“Don’t you just take the information I give you and plug it into some software?” This is one of my least favorite questions I am asked because it is everything that...
The title above is a slogan from an iconic American brand that seems to have faded away, the Greyhound Lines bus company. Back in the day, most college students I...
Please enjoy this contributed blog by our colleagues at: A consistent concern that comes up in discussions with clients is that they get so nervous when transferring funds, mostly because they...
I don’t think there has been a death that has captured the world’s attention since the tragic car accident of Princess Diana at the age of 36 that comes close...
The most common issues that make dual-status citizens living in Israel owe U.S. tax Our clients are always in a rush to file their U.S. taxes and get a refund for...
Waste is ubiquitous; landfills all over the world are overflowing. UBQ Materials’ revolutionary and patented technology takes household waste and turns it back into reusable material. Tune in to Philip’s fascinating interview...
As we approach the close of 2019, I am reminded of the classic scene of a very old man that represents the current year being followed by a baby that...
On December 20, 2019, President Trump signed the Consolidated Appropriations Act, 2020 into law. While this is essentially a government-spending bill for the year 2020, among the 700+ pages of...
It's hard to believe that 2020 is right around the corner. Watch the video below to learn about Philip's important end-of-year tax tips. [embed]https://youtu.be/03EIuDuTY8g[/embed]...
Tune into this week's episode as we talk to SpaceIL's co-founder, Kfir Damari. We loved how even though SpaceIL's Beresheeet mission to the moon had a hard landing, it achieved...
It’s been less than 2 years since the Trump Tax Reform was approved by Congress and overhauled the U.S. tax system. As we come to the end of the first...
Until recently if someone asked me, “Have you ever known someone named Marwan?” I would have answered in the affirmative. But as of last month, I would have to answer...
Join us for this week's episode as we take a deep dive into a a hot topic with Maya Jacobs, CEO of Zalul- Israel's leading environmental NGO dedicated to protecting...
In Judaism, there are several important fast days throughout the year. Normally, a question like the above might come up around Yom Kippur, the holiest day of the year, and...
In episode 95, Shira Lahat, partner at Yigal Arnon & Co law firm, shares critical updates on social media norms, confidentiality and how to avoid being sued. This episode is...
We loved our time with Itai Tsiddon, Co-Founder and Head of Business Development at Lightricks. We learned about their latest round of valuing at $1 billion--the rare and coveted unicorn status....
In this week's episode we learn about award winning start up Healthymize. We loved our time with co-founder and CTO Daniel Aronovich discussing their breakthrough technology in developing personalized, (AI) based,...
That was the length of the men’s final tennis match at Wimbledon between Roger Federer and Novak Djokovic this year. There are certain sporting events that I look forward to...
Tune into this week's episode as we talk to our friend Mark Feldman, CEO & Founder of Ziontours. Mark tells us all about the hottest destinations for 2019, the evolution of travel...
The other night I attended a lovely wedding on the beach in Netanya. After the Huppah the guests were led along a candle lit path to a sumptuous buffet and...
Many non-U.S. citizens enjoy investing in the U.S capital and real estate markets. They see the U.S. economy as a target for opportunity and significant gain. However, careful planning is needed to ensure...
Updates from the new final and proposed regulations and what they mean for individual taxpayers: On June 14th the IRS released much anticipated final regulations on the general rules of GILTI....
Tune is as Philip speaks with Yali Harari, Co-Founder and CEO at Innovesta, a unique digital platform for early stage equity investments, allowing investors and entrepreneurs to incorporate effective real-time crowd-diligence...
The danger of the new Global Intangible Low Taxed Income (GILTI) rules has been greatly reduced with the new proposed regulations recently released. These regulations allow individuals filing under Sec....
There is a saying that 'Life begins at 40'. For podcast episode number 90, to mark Philip Stein & Associates' 40th anniversary, we are turning the tables. In this episode, Philip...
In the famous Disney classic, The Lion King, a powerful message is delivered about tradition being passed from generation to generation. The father, Mufasa, transmits to his son Simba, the...
Following Apple’s recent March announcements conference, the biggest buzz was about their Apple Card. You will have to decide independently if you want to give Apple even more power over...
THE NEW YORK TIMES: [caption id="attachment_7976" align="alignnone" width="268"] National Archives Catalog 520697[/caption] It was reported recently that George Mendonsa, the sailor who was in the iconic photo kissing a nurse, Greta Zimmer...
The IRS has just published proposed regulations on internal revenue code Sec. 250 and how it relates to Global Intangible Low Taxed Income (GILTI). For those unaware, the new GILTI...
…. Jolting Joe has left and gone away. The words above come from one of the most well-known songs of modern times. These lyrics came to mind during a 2 hour...
Contributed by our trusted colleagues at: Introduction Affluent individuals with citizenship and assets in multiple countries often have complex planning needs and must frequently consider the jurisdiction where their assets are held....
Tune in to this week's conversation as we talk to Hana Rado, Vice Chairwoman of McCANN Tel Aviv, an accomplished social business entrepreneur and liberal feminist. Hana shares with us her life's...
Israeli law limiting cash use for purchases or payment of wages has gone into effect in January 2019 and violators could face up to 3 years in jail. Under the law,...
In my previous blog I discussed potential income tax issues such as Federal tax, state tax and PFIC tax that arise upon becoming a U.S. resident. In this blog I would...
As we approach the end of 2018, I am reminded of the often quoted phrase “Out with the old and in with the new”. This seems to suggest that whatever...
In my previous blog post I discussed the issue of residency that must be addressed upon relocation from Israel to the U.S. Depending on the number of days someone spends...
As the year-end approaches, we’d like to take this opportunity to remind you about a number of important tax issues that may be relevant to you: PFIC alert- Please carefully...
Tune into this week's podcast while Philip speaks with Michael Granoff, founder and managing director of Maniv Mobility and past board member of Better Place. As he’s also been involved...
As Israel continues to grow as a country, its knowledge in both the Hi-Tech and Medical fields have made its workers some of the most sought after in the world....
Join us for this week's episode while we talk to Eliran Malki, CEO of Belong, the world’s largest social network for cancer patients, caregivers and healthcare professionals. Eliran shares his insights on...
Earlier this year the U.S. Supreme Court handed down its anticipated decision in South Dakota v. Wayfair. The case challenged South Dakota’s application of its sales tax to internet retailers who...
As the new GILTI laws become part of our business lives, the IRS issued some guidance in September. In light of this new guidance and with the end of the...
This week's happy episode discusses innovation at its best! Chatting with Elad Barak, director of Biz Dev at Canada's Province Brands got us excited about the direction of the cannabis market....
Determining one’s tax residency is probably the most important issue for people moving to and from Israel. This recent Israeli Supreme Court case, as interpreted below by our colleague attorney...
Up until recently when I heard the term “channeling” I was most certain that the term referred to building the Suez or Panama Canal or tunneling out of a prisoner...
You're invited to join the conversation on the art fund industry! On this week's episode we talk to Serge Tiroche, Founder of Art Vantage Global, about his personal journey that spans...
In my previous blog post, I explored the three classic ways for non-US taxpayers to structure their investments in U.S. real estate, and the main advantages and disadvantages of each. These...
Investing in U.S. real estate has become a very attractive investment alternative for Israelis seeking higher returns than those obtained by traditional bank deposits. There are no exact figures on the...
Tune into this week's episode while we interview Amotz Asa-El, Jerusalem Post's senior commentator and editor of the Jerusalem Report. Asa-El covers Israel's pivot to Asia and dives into Israel's economic connections with China,...
American citizens might be denied new passports if they fail to settle their debts to the U.S. Internal Revenue Service (IRS). An IRS official has told the Wall Street Journal that...
The U.S. Supreme Court has issued the long-awaited ruling in South Dakota vs. Wayfair , which eliminates the physical presence requirement for sales tax. Up until now, based on the Supreme Court...
Last month, famed American musician Don McLean performed in Israel. While I didn’t attend his concert, I read that he concluded his show with one of the most famous songs...
‘By failing to prepare, you are preparing to fail.’ ― Benjamin Franklin The Trump Reform (Tax Cuts & Jobs Act) made a number of changes for U.S. citizens living overseas and how they...
When I was young my friends and I used to watch a television program called The Time Tunnel. Recently my wife has become a fan of a new show called Timeless. Both...
Great interest in cryptocurrencies has alerted the US Internal Revenue Service (IRS) which has decided to crack down on Bitcoin and other virtual currencies. Bitcoin broker Coinbase has already started sharing...
