Portugal is a top spot for Americans moving abroad. With its sunny weather, stunning coastlines, and laid-back lifestyle, it’s easy to see why so many Americans choose to live in Portugal. From exploring Lisbon’s cobblestone streets to relaxing on an Algarve beach,...
It’s easy to forget, with so much else going on this year, but it is tax time! Don’t wait until the last minute for filing your expat taxes in 2025. If you will owe US tax, you must pay it by April 15, while Americans living abroad have until June 16 (as June 15 is a...
France has long been one of the most popular European destinations for Americans seeking to experience life in Europe. Living in France as a US expat offers a blend of historical charm, world-class cuisine, breathtaking countryside, and vibrant cities like Paris,...
The tax deadline is coming closer and you still don't have a good tax accountant? When you do a Google search for the best expat tax service or similar search terms, you probably first see a couple of ads, maybe even one of ours. We could just say, you can stop your...
By Vincenzo Villamena, CPA Opinions of the US may vary on many topics, but it is difficult to argue that the US offers opportunities for lucrative investments. Not only the 320 million or so American citizens can invest in the US; almost anybody has the right to...
Many S Corporation owners pay business expenses with personal funds and advance or reimburse themselves. At tax time, they would owe personal tax on the advance or reimbursement. With an Accountable Plan, the S Corporation can classify expenses so that you won’t have...
By Vincenzo Villamena, CPA Update The 2017 tax reform brought new taxes for entrepreneurs with foreign businesses, including the transition tax on retained foreign earnings. The transition tax was a one-time event - it was there to be a transition from the pre-2017...
This article has been moved to the website of our new brand Entity Inc, that specializes in US business formation, tax & compliance for global entrepreneurs. Please click the link to read about the benefits of an LLC for non-resident service providers on the...
By John Hamilton, CPA As a US expat working abroad, you may have been offered a foreign life insurance policy. While this may sound like a good idea, it could be fraught with unintended US tax consequences. Oftentimes the foreign life insurance policy does not meet...
