Expatriate Tax Returns Wishes You a Happy 4th of July

May your day be filled with BBQs, family, friends, and all things American (wherever you are). Have a fantastic 4th of July from Expatriate Tax Returns! 🍔🎆

May your day be filled with BBQs, family, friends, and all things American (wherever you are). Have a fantastic 4th of July from Expatriate Tax Returns! 🍔🎆
The “A” word – I’m being AUDITED, now what?! The “A” word may be in the top 10 of scariest words ever! Am I in trouble? Was I flagged? Not necessarily. Some reasons your return could be picked for an audit include: random sampling, computation errors, computer screening, excessive deductions, and large charitable contributions. Respond…
In the world of expatriate taxes, one crucial aspect that demands attention is the reporting of foreign bank accounts. Expatriates, living a global lifestyle, often find themselves grappling with the complexities of this requirement. Learn about the nuances of reporting foreign bank accounts and how Expatriate Tax Returns stands as a reliable partner to assist…
Monday, April 18, is Tax Day 2022. Tax Day is the deadline to file your taxes or file for an extension. Don’t let this day approach without a plan to file. Expatriate Tax Services is here to assist you with your tax filing. No matter how complex your situation may be, we can complete taxes…
Let’s Talk About the Foreign Income Exclusion! We are often asked questions regarding the foreign income exclusion and what type of income can be excluded. As the name of the benefit applies, “earned income” is excluded…but the IRS definition may be very different from what you may assume. First, in order to qualify for the…
April 15, 2025, is the IRS deadline for filing your 2024 federal tax return. But what if that date comes and goes — and you haven’t filed? Consequences of Missing the Deadline If you owe taxes and don’t file, the IRS can assess two key penalties: Interest is also added to unpaid balances, compounding daily…
Obamacare and U.S. Expats American Expats should know these important facts about Obamacare. Obamacare is also called The U.S. Patient Protection and Affordable Care Act (PPACA) and was supported by the Supreme Court in June 2012. For all U.S. citizens it will be mandatory to carry affordable healthcare coverage or pay a penalty tax. The…