What should I do if an extended family member is asking me for help with an area of tax that I am not familiar with (foreign life insurance)? Try to research for them or tell them to ask a tax lawyer?

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I just tell them it’s not what I do for a living. Sometimes I can answer it but even then I tell them it’s not what I do for a living and then will email them helpful links that should get them the answer they need. Granted I have like 50 cousins and am the only accountant so I get popular around early April.

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Imagine if you missed some nuance of the tax code (like that never happens...) and gave them the wrong advice. The only thing I’ve ever felt comfortable checking for a family member has been that they got the right address on their 83(b) election.

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Refer them to a tax lawyer/sophisticated accountant who deals with foreign issues for individuals. DM me and I can give you some referrals.

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