With all of the stress that is going on in the world, let us take some weight off your shoulders and file your taxes for you. Our expat tax preparers know the ins and outs of the changing U.S. tax laws. If you are living abroad, you are still required by law to file a U.S. tax return, even if you are like most of our clients and do not owe money. Rest easier by making sure your taxes are prepared properly. GET STARTED.
From the Desk of Diane Siriani, owner and Managing Member of Expatriate Tax Returns
As of today, the US Treasury Department and the Internal Revenue Service are providing special PAYMENT relief to individuals, estates, trusts and businesses in response to the COVID-19 Virus Outbreak. All income tax payments (including self-employment tax) are extended to July 15, 2020 without penalty or interest assessments.
THE FILING DEADLINE REMAINS APRIL 15, 2020. If you are a US individual resident or expat who owes tax, you must file your return or an extension by the April 15 due date to get payment, interest and penalty relief under this program. NO FILING, NO RELIEF!
If you are a C-Corporation, you will automatically receive the same payment extension date of July 15, 2020.
The payments that are extended are estimates due April 15, 2020, tax due per your filed return, extension payments due based upon your estimate of tax due. Payments extended for individuals are limited to $1,000,000; payments extended for C Corporations are limited to $10,000,000 of their 2019 tax due.
As of today’s writing, THIS EXTENSION ONLY APPLIES TO YOUR FEDERAL TAX RETURN. ALL STATE AND CITY RETURNS MUST BE FILED AND PAID BY APRIL 15, 2020 in order to avoid interest and penalty assessments.
COVID-19 has rocked Americans all over the world as this pandemic is sweeping the globe. We hope that you and your family are safe and healthy. Please know that we are thinking of all of our clients, friends and family during this novel Coronavirus outbreak.
U.S. citizens living and working in another country are required to file U.S. taxes. The IRS is no longer letting expats slide with late or overdue tax filings. Passports are at stake. Don’t stress. We can get this straightened out for you and take away your worries. Contact us today!
No need to fret or put off filing your taxes. Expatriate Tax Returns will quickly walk you through the tax preparation process and get you filed in no time. We make sure that your taxes are done right, so you can have peace of mind. GET STARTED!