When global travel stalled and stay-at-home orders went into effect, many US expats rushed back to the USA. Other people ended up quarantining far from home. As a result, numerous US citizens, residents, and foreign travelers are spending more time in the United...
This article has been moved to the website of our new brand Entity Inc, specialized in US business formation, tax & compliance for global entrepreneurs. You can read it here.
Realizing that you owe back taxes and FBARs is enough to make anyone nervous. You may be concerned about having the IRS knocking at your door, being fined thousands of dollars, or even losing your citizenship. Though these are largely myths, the potential penalties...
This article has been moved to the website of our new brand Entity Inc, specialized in US business formation, tax & compliance for global entrepreneurs. You can read it here.
In October 2019, the IRS issued some of the most significant cryptocurrency guidance yet and the first update in 5 years. Crypto users and expats alike eagerly anticipated his IRS guidance for the tax treatment of virtual currencies. The new 2019 IRS guidance answers...
Expat living can be expensive. Therefore, the IRS allows Americans living abroad to offset certain housing costs with the Foreign Housing Exclusion or Deduction. How much expats can save with the exclusion/deduction depends on where in the world they live. In this...
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...
This article has been moved to the website of our new brand Entity Inc, specialized in US business formation, tax & compliance for global entrepreneurs. You can read it here.
Spain is famous for its weather, food, and culture. Countless US expats have made it their home. Whether you prefer city life in Madrid or the beaches of Costa del Sol, Spain offers a high quality of life. However, many US expats find that living in Spain can...
