Expatriate Tax Returns Wishes You a Happy Labor Day 2020

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,…
As the world becomes increasingly digital, cryptocurrency has emerged as a popular investment option for expats. However, the IRS has taken notice, and new regulations are being enforced to ensure expats are reporting their crypto gains accurately. The New Regulations: What Expats Need to Know The IRS has introduced new forms and reporting requirements for…
U.S. Citizens and green card holders that live abroad must file taxes even if there is no money owed. If you do not file, you may receive a penalty even if you did not originally owe taxes to the IRS or to the state. If you haven’t filed previously, we can help. Contact us to…
When Should You File an Amended Return? Mistakes happen. Maybe you filed too quickly, forgot foreign income, used the wrong filing status, or realized later that you missed a deduction or credit. When that happens, an amended return may help you fix the problem. The IRS says taxpayers should file Form 1040-X when they need…
Freedom isn’t free. We’re grateful for the veterans who’ve paid the price. Happy Veterans Day!🎗️💪