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FBARS
Report of Foreign Bank and Financial Accounts (FBAR) Did you realize that all US citizens must report all foreign bank account activity to the IRS? FOREIGN BANK ACCOUNT(S) UNDER $10,000 …check the box on Form 1040, Schedule B. FOREIGN BANK ACCOUNT(S) OVER $10,000…check the box on Form 1040, Schedule B AND file a Foreign Bank…
How Can Expatriates Save on Taxes?
Penalties are the most common reason that expatriates pay more in taxes. An experienced tax professional can help you get into the best situation without paying unnecessary fines. Missing a form or a signature can cost you, so working with a professional like Expatriate Tax Returns can help you in the long run. Pay attention to…
Just released from IRS – Relief for Taxpayers
Tax News Flash! From the Desk of Diane Siriani, owner and Managing Member of Expatriate Tax Returns As of today, the US Treasury Department and the Internal Revenue Service are providing special PAYMENT relief to individuals, estates, trusts and businesses in response to the COVID-19 Virus Outbreak. All income tax payments (including self-employment tax) are…
Expatriate Tax Returns Only Has One Client
Our company, Expatriate Tax Returns, believes that we only have one client. This belief allows us to completely focus on each client as if they are our only reason for existing. Why do we do this? We know that we have a niche in the tax preparation industry. Working exclusively with expatriates means we understand…
The Olympics – On the International Stage
Have you been watching the 2014 Winter Olympics on TV? We have at Expatriate Tax Returns. We love the competition, the pageantry, and the emotion of the athletes as they compete on the world stage in front of so many millions of viewers. One of the main reasons we love watching the Olympics (both the Winter Games as well as…