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More Expats as the World Gets Smaller
Globalization is defined as “the process by which businesses or other organizations develop international influence or start operating on an international scale.” Globalization has made the borders between countries virtually disappear, causing the world to feel like a much smaller place. This undoubtedly has contributed to a rise in workers choosing to move abroad…
Information Exchange Agreements with the U.S.
America is known to have many different agreements with different countries around the world. One of these agreements is the Information Exchange Agreement. Basically, what this means is information is freely shared by those countries with the U.S. about American Expats and people living abroad there. These agreements are made with the following countries: Barbados,…
Making Things Easy
If you were to ask people in the United States what they thought of when hearing “Staples,” the name of the popular office supply store chain, most would say the store’s catch phrase, “That Was Easy!” In fact, in one of the best marketing stunts of the last decade, Staples actually created a large plastic,…
Preparing your own Tax Return
Sure I can still prepare my own tax return…Can’t I?! Many people file their own U.S. tax returns, and do it well. However, now that you are an expatriate, is it still possible? Here is a list of advantages and disadvantages to preparing your own tax return as an expat. Reasons to prepare your own…
Got an IRS notice, now what?
Hearing from the IRS is not uncommon, especially because of the number of filing mistakes that are routinely made. If you receive a computerized communication, you are best off answering it in a timely fashion providing the requested information or call directly to the telephone number provided. If you are notified of an audit, living…