Tax Planning & Compliance

Taxes shouldn’t be overwhelming — especially when you have a clear strategy, reliable support, and someone who knows how to navigate both sides of the system.

At Rubin Legacy Financial, we specialize in U.S. tax planning and compliance for individuals and families living in Israel. Whether you’re managing investments, coordinating retirement accounts, dealing with foreign income, or trying to make sense of reporting requirements like PFICs and Form 5471 — we’ve got you covered. We also provide expert guidance on equity compensation, including RSUs, ESPPs, and stock options, so you can make informed decisions and avoid tax pitfalls.

Our approach is more than just filing. We proactively look for ways to reduce your tax burden, avoid costly mistakes, and align your tax decisions with your long-term financial goals. We don’t believe in surprises — just smart strategy, year-round guidance, and full peace of mind.

Because when your taxes are in order, your entire financial life runs smoother.

What We Offer

From compliance to strategy, we provide a full range of U.S. tax services for individuals, business owners, and families living in Israel. Explore the areas below to learn how we can help.

We handle full U.S. tax return preparation for individuals and families living in Israel, ensuring you’re fully compliant with IRS requirements — even across borders. From Forms 1040, 1116, and 2555 to FBAR (FinCEN 114) and FATCA (Form 8938), we make sure foreign income, bank accounts, and pensions are properly reported. Our goal is to keep things smooth, accurate, and stress-free — with no surprises from the IRS.

If you hold Israeli mutual funds, ETFs, or investment accounts, there’s a good chance you’re subject to PFIC rules — some of the most complex and punitive areas of the U.S. tax code. We help identify PFIC exposure, prepare Form 8621 accurately, and guide you through election strategies such as Mark-to-Market (Section 1296) or QEF to reduce long-term tax costs. Don’t let hidden reporting obligations derail your financial plan.

U.S. citizens who own Israeli businesses are often surprised to learn they must file Form 5471 — an extensive IRS disclosure with serious penalties for mistakes or omissions. We help business owners and shareholders navigate Subpart F income, GILTI, attribution rules, and entity structure questions to ensure accurate reporting and optimal tax outcomes.

Whether you’re operating a U.S. LLC, C Corporation, or S Corporation from abroad, we help ensure your business is tax-efficient and compliant. From corporate tax filings to S Corp elections and entity-level planning, we manage the technical details so you can focus on running your business. We also advise on structure and strategy to keep your U.S. operations aligned with your broader financial goals.

Equity compensation can be a powerful wealth-building tool — but without proper tax planning, it can also lead to unexpected headaches. We help you understand the U.S. and Israeli tax implications of RSUs, ESPPs, stock options, and sales, and create a personalized strategy for exercising, selling, and reporting. Whether you’re at a fast-growing startup or a more established tech company in Israel, we’ll help you make smart, tax-efficient decisions at every stage.

When a U.S. person passes away with U.S.-based assets — like brokerage or retirement accounts — a transfer certificate from the IRS is often required before those assets can be released. We prepare the full package of documentation needed to request the certificate, including Form 706 when required. We also coordinate with heirs and Israeli probate materials to ensure nothing gets missed. Our goal is to make a sensitive process as clear, efficient, and stress-free as possible.

Renouncing U.S. citizenship or a green card can bring peace of mind — but it also triggers complex tax rules, including the potential for a U.S. exit tax. We guide you through every step of the process, from timing and asset reporting to Form 8854 preparation and pre-expatriation planning. Whether you’re planning years in advance or already ready to renounce, we’ll help you minimize tax exposure and make the transition as smooth as possible.

Tax planning doesn’t end with a filed return — especially when you’re managing financial life across two countries. We offer year-round support and strategic guidance tailored to U.S. citizens living in Israel, helping you align investment decisions, business activity, and retirement planning with long-term tax efficiency. Whether it’s a one-time question or an evolving situation, we’re here to help you stay ahead — and stay compliant.

Clarity Begins with a Conversation

Reach out today — I’ll walk you through the next steps, answer your questions, and help you move forward with confidence.