The Foreign Earned Income Exclusion (FEIE) allows U.S. expats to avoid double taxation by excluding foreign wages when calculating taxes, which reduces payment obligations to the United States. U.S. expats MUST FILE even if they don’t owe taxes. We can provide information on your eligibility for FEIE. Contact Expatriate Tax Returns to learn more or if you need help filing your taxes.
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Celebrating Presidents’ Day
Presidents’ Day has been widely accepted as the unofficial holiday name for many generations, although, it was originally called Washington’s Birthday and is still in some states. Congress passed the “Uniform Monday Holiday Act” on June 28th, 1968. This law changed annual observances of some holidays to Mondays, partially to provide federal employees with three-day weekends. This law also changed Washington’s birthday celebration to the third Monday of February, which lost the importance of being on his birthday and hence, also lost the original meaning of the holiday, combining it in the minds of many as a day to celebrate all U.S. presidents past and present.
Expatriate Tax Returns Wishes you a Happy Valentine’s Day 2021
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Innovations Make Being an Expat Easier than Ever
It has never been easier to be an expat, thanks to innovations in technology, growing use of social media, and the expansion of businesses supporting their employees working from home due to COVID-19. Advancements in new technology allow expats to work from anywhere, no matter where their company is located. With social media being as popular as ever, expats can easily communicate with loved ones and friends from overseas. The pandemic has allowed for many expats to work remotely from home in their new location. If you are a new expat and need tax filing assistance, get in touch with the ones who do it best at Expatriate Tax Returns.
If You Live Abroad, You Still Must File Taxes
If you are a U.S. citizen or green card holder living abroad from the United States, your worldwide income is still subject to U.S. income tax, and you will need to file your taxes even if there is no money owed. Contact Expatriate Tax Returns to get started. We make the process easy and make sure it is done right.