Business Tax Returns


If you earn income abroad or hold foreign accounts, currency fluctuations can have a big impact on your U.S. tax return. Even if your salary stays the same in euros, pounds, or yen, the value in U.S. dollars can change month to month—and that can affect how much tax you owe. How Exchange Rates Affect…
Investing in property abroad is a great way to diversify your assets—but it also comes with U.S. tax obligations. If you own foreign real estate or earn rental income from property overseas, here’s what you need to know. 🏠 Foreign Real Estate Is Not Reported on FBAR (Unless…) The property itself isn’t reported on the…
What Do You Know About FATCA? Well, the IRS is up to their tricks again, making life a little more difficult on our expat citizens. The Foreign Account Tax Compliance Act is designed to improve tax compliance regarding offshore bank accounts. An interesting statistic…of the 7.2 billion expats, the US Department of Treasury has only…
If you are living abroad and are receiving income from your employer for housing, you may be eligible for the Foreign Housing Exclusion. Employers may offer housing funds directly to you or may include them as part of your overall income. Both options are acceptable qualifies for the exclusion for the deduction. Those who are…
A recent study by McKinsey showed how important it is for CPA firms to acquire new clients through the referrals of current clients. At Expatriate Tax Returns, this is something we’ve known since our inception. We rely on the referrals from our hundreds of satisfied clients. While we love receiving thank you notes and testimonials, we really appreciate getting referrals from our expat clients. When we get…