Americans living abroad often consider investing in non-US investments offered by their local banks or employers. But before investing in non-US opportunities like foreign mutual funds, it is...
US Expat Tax Articles
Foreign Tax Credit – A Guide For Expats (With Video)
Contrary to popular belief, American expats do not have to be stuck with a high US tax burden, when also paying high taxes in their residence country. The truth is, with the Foreign Tax Credit...
Child Tax Credit For American Expats (2022)
The child tax credit can be a significant financial benefit for expat families abroad. Living abroad does not preclude you from claiming the child tax credit for qualifying dependent children under...
Guide To US Expat Taxes (2023)
For Americans living abroad, the rules for US expat taxes can be overwhelming and confusing. Even worse, if you fail to file correctly, it can result in significant penalties. Nonetheless, when...
Social Security Totalization Agreements – A Guide For US Expats
Americans living abroad still need to file US tax returns. They may also still need to pay social security taxes. Social Security totalization agreements between two countries govern where you must...
10 Steps To Report Crypto Taxes – And Why a 1099 Form Is Not Enough
This article covers the tax challenges of crypto reporting and why Form 1099-B is not a solution to accurately report cryptocurrencies to the taxing authorities. While the requirement to track and...
Foreign Earned Income Exclusion – Year of Entry & Departure
The Foreign Earned Income Exclusion (FEIE) is a tax benefit available to American citizens, Greencard holders, and in some cases foreign individuals that become residents. It allows an exclusion of...
IRA Excess Contributions – A Common Mistake Expats Make When Using The FEIE
Individual Retirement Accounts (IRAs) are an important part of retirement planning due to their great US tax advantages. Americans abroad however need to be aware of how expat tax benefits can...
All 2023 US Tax Deadlines For Expats And International Entrepreneurs
Planning ahead for 2023 for your tax filings. Make sure that you are aware of the 2022 tax year deadlines. Below are the key due dates you need to know for your 2022 tax filings. If you are looking...
Expat Tax Guide For Americans In Germany
Did you know that over 100,000 American expats live in Germany? It is a popular destination due to a strong economy, excellent public transport, a robust education system, and of course… beautiful...
How to file US income taxes when living in Costa Rica
Nearly 25,000 US citizens have legal residency in Costa Rica. The US State Department estimates that nearly another 100,000 may live there as “perpetual tourists” – coming and going every 90 days,...
Do Expats Pay State Taxes? (Hint: It Depends On The State)
By Vincenzo Villamena, CPA You would think that moving away from the United States lets you off the hook from filing US state taxes. But unfortunately, some US states require that expats pay state...
