Communication from the IRS


Living as an expatriate is an enriching experience, but it often comes with its own set of financial challenges. Cost management becomes a crucial aspect of your expatriate journey, and smart tax planning is a key component of that strategy. In this guide, we’ll explore effective ways for expatriates to cut costs and how partnering…
If you’re a U.S. expat living in the UK and earning income from self-employment or rental property, a major shift is coming your way. The UK’s Making Tax Digital (MTD) program is transforming how individuals report and pay income taxes. And if you’re not prepared, it could catch you off guard. At Expatriate Tax Returns,…
An assurance vie is one of France’s most popular investment products—a life insurance wrapper used to grow savings tax-free under French law. For residents in France, it offers significant advantages: But for U.S. citizens, things are more complex. How the U.S. Treats Assurance Vie The IRS doesn’t consider an assurance vie to be life insurance….
DIY stands for Do It Yourself and just about everything these days has become a DIY activity. Thanks to the Internet and YouTube videos that have experts explaining how to handle tasks yourself, more people are resorting to DIY. When it comes to changing the oil in your car or videotaping your own wedding with…
Getting behind on US taxes seems to be a trend for expats, probably because they don’t really think about it while living overseas. The rule is: US citizens, no matter where they live, must file a US tax return which reports their worldwide income …that’s US and foreign income, no matter what the source! Wages,…
Watch just one episode of Shark Tank, featuring entrepreneur Sharks like Mark Cuban, Barbara Corcoran, and Kevin O’Leary, and you’ll immediately understand that every company has a reason for existing. In fact, one of the first questions the Sharks ask contestants on the hit reality TV show is for them to ask their mission…