Expatriate Tax Returns Wishes You a Happy Thanksgiving 2020

The idea that the Internal Revenue Service could audit you is not something you should take lightly. However, it’s also not something that should keep you up at night riddled with anxiety. Math errors may draw IRS inquiry, but they’ll rarely lead to a full-blown audit. Although there’s no sure way to avoid an IRS…
If you have questions, let us know. Expatriate Tax Returns provide solutions to help you stay legal, up-to-date, and make tax filing EASY for expats. Get Started!
THE ‘STEAMLINED’ PROGRAM BASICS In October 2012, the foreign friendlier IRS made filing “old” returns a whole lot easier by initiating “the streamlined” voluntary disclosure program. If you are one of the many expats who owe no tax (or very little, like under $1,500 per year) and had no clue that there was a…
Due to COVID-19, the tax filing deadline for all individual taxpayers including expats has been extended to July 15, 2020. The FBAR filing deadline is due the same day. If you need additional time to qualify for the FEIE, you can request an extension to October 15, 2020, but if you owe taxes, payment is…
If you owe money, you must pay today or you will owe a fine. You can request a 3 month extension to October to file the paperwork but you do need to pay. There are short and long term payment plans. Don’t wrap up fines. If you need help filing, contact Expatriate Tax Returns.
A recent survey found that more Americans are e-filing their taxes on their own these days. In fact, for the last tax year nearly 27.4 million Americans had prepared their own taxes, which was a 5.8% increase over the same period the prior year. U.S. Tax returns filed by professionals are again projected to be…