It's easy to forget, with so much else going on this year, but it is tax time! Even though the 2020 tax deadlines have been pushed out in 2020 due to the coronavirus crisis, don't wait until the...
US Expat Tax Articles
How To Find The Best Expat Tax Service
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...
Form 1116 – How Americans Abroad Can Benefit From The Foreign Tax Credit
While at first glance the Foreign Earned Income Exclusion might seem like the most alluring option, using Form 1116 to claim a Foreign Tax Credit can actually save some expats more money. In...
11 Expat Tax Tips Before Moving Abroad
Moving abroad can be a hectic process. There are many things for Americans to consider when making a foreign country their home, taxes being one of them. Â New expats are understandingly concerned...
IRS Form 2555 – How Expats Can Claim The Foreign Earned Income Exclusion (FEIE)
If you are a US expat, you may have heard of the Foreign Earned Income Exclusion, also known as the FEIE. This exclusion is incredibly popular with Americans working abroad because of the tax...
FBAR Deadline – Don’t Miss These Important Due Dates
October is a crucial month for US citizens with foreign financial accounts. This is because the final filing deadline to submit the Foreign Bank Account Report, also known as the FBAR, is on October...
What You Need To Know About The 20% Pass-Through Deduction
By Vincenzo Villamena, CPA The 2017 Tax Cuts and Jobs Act created a new 20% deduction for pass-through income. At first glance, this sounds like a great tax saving for single-member LLCs and sole...
Why A US Person Should Avoid Foreign Life Insurance Like The Plague (Hint: Taxation)
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...
Dispelling 5 Common Myths Of US Citizenship Renunciation
Renunciation – The voluntary act of relinquishing one’s citizenship or nationality Many expats may think that renouncing their US citizenship is a way to get rid of all US tax obligations and save...
Married Abroad – How A Foreign Spouse Impacts US Taxes
Some people move abroad for love. Others find love while abroad. Marrying someone from a different country is an adventure in itself. Furthermore, your foreign spouse may also impact your US tax...
