Expatriate Tax Returns Wishes You a Happy Thanksgiving

Living abroad as an expat you have the opportunity to claim a Foreign Tax Credit to avoid dual taxation. Dual taxation is when two different countries impose tax on the same income. By completing Form 1116 and attaching it to your Individual U.S. expat tax return, you can claim this credit and avoid paying US…
The tax filing deadline for expats is June 15th, 2021. Expats receive an automatic extension on U.S. filings. The IRS has not issued any changes to this deadline this year. Any payments owed for 2020 are overdue to the IRS. If you inadvertently forgot or didn’t know you owed, contact us as soon as possible…
For expatriates, tax season can often feel like navigating a labyrinth of international regulations and paperwork. As the tax landscape evolves, staying informed and prepared becomes increasingly crucial. Whether you’re a seasoned expat or embarking on your first tax-filing journey abroad, here are some essential tips to help you navigate expatriate tax returns in 2024:…
The United States has a progressive tax system, which means that taxpayers are taxed at different rates depending on their income level. The current tax brackets are 10%, 15%, 25%, 28%, 33%, 35%, and 37%. For the tax year 2021, the income thresholds for each tax bracket are: * 10% bracket: $0 to $9,875 for…
It’s March and that means we’re still at the beginning of the new year, but we’re already seeing some changes to the tax laws for U.S. expats. It seems that the IRS creates new rules and regulations every year when it comes to expatriate taxes. It can be a full-time job just to keep up with all of the different…