Stablecoins are digital assets designed to maintain a relatively stable value, often by referencing the U.S. dollar. New regulation and proposed compliance measures could increase identity verification, recordkeeping, and reporting by stablecoin issuers and financial platforms. Stablecoins Are Still Tax-Relevant Assets A stablecoin may maintain a value close to one dollar, but transactions involving stablecoins…
Americans abroad have long debated whether the United States should replace citizenship-based taxation with a residence-based system. Proposed legislation has attempted to create an election allowing certain qualifying Americans overseas to be treated more like nonresident taxpayers for U.S. income tax purposes. How the Current System Works Under current law, U.S. citizens generally report worldwide…
Americans can generally buy property in the United Kingdom without being UK citizens or permanent residents. However, buying real estate does not automatically provide immigration rights, and nonresident buyers may face different financing, tax, and administrative considerations. Property Ownership Does Not Create Visa Rights Purchasing a house or apartment in the UK does not grant…
The United Kingdom offers everything from large international cities to smaller communities with lower housing costs and a slower pace of life. Americans considering a move should compare more than rent alone. Employment, transportation, healthcare access, climate, lifestyle, and taxes all shape the true cost of living. Look Beyond London London provides unmatched access to…
Inflation adjustments can affect tax brackets, deductions, credits, exclusions, and planning opportunities. For Americans living abroad, one of the most important 2026 changes is the increase in the Foreign Earned Income Exclusion to $132,900. The 2026 FEIE Limit Qualifying taxpayers may exclude up to $132,900 of eligible foreign earned income for the 2026 tax year….
Tax avoidance and tax evasion may sound similar, but they have very different legal meanings. Tax avoidance involves using legitimate rules to reduce tax. Tax evasion involves intentionally hiding income, assets, or information to avoid paying tax that is legally due. What Is Legal Tax Avoidance? Legal tax avoidance includes using deductions, credits, exclusions, and…
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