Expatriate Tax Returns Wishes You a Happy Holiday 2020

The government is trillions of dollars in debt and raising taxes is never a very popular option for politicians… but going after taxes that should have been paid, but weren’t? That rarely loses Congress a vote, and so today’s expats are the new white whale of the IRS. Specifically, the U.S. Foreign Account Tax Compliance…
Expatriate Tax Returns are what we solely do. With so many tax prepares out there, you need to be sure of who you are hiring. Many tax offices are not accustomed to doing Expat Taxes for American living abroad and that may mean less money on your return, or more tax you have to pay…
For U.S. citizens living overseas, a valid passport is your primary form of identification. It serves as your legal lifeline. While the renewal process abroad resembles the domestic one, you must navigate unique logistical hurdles and 2026 updates. Determine Your Eligibility for Mail-In Renewal First, determine if you can renew by mail or if you…
If you’re a U.S. expat with foreign bank accounts totaling more than $10,000 at any point during the year, the Foreign Bank Account Report (FBAR) is a requirement you can’t afford to ignore. The extended deadline to file for most is October 15, making this month the final opportunity to stay compliant and avoid harsh…
Americans in the UAE Still Have U.S. Filing Duties The United Arab Emirates attracts American professionals and entrepreneurs because of its global business environment and historically limited personal income taxation. However, moving to Dubai, Abu Dhabi, or another emirate does not end U.S. tax obligations. U.S. citizens and resident aliens abroad generally remain required to…
Relocating can enable you to get a great job, make more money and have a totally interesting change to your lifestyle. Moving offshore creates other issues that need to be considered like: Dealing with foreign currency and exchange rates Language barriers Benefit packages such as health insurance, tuition, housing, transportation Tax rules, rates and regulations…