Expatriate Tax Returns Wishes You Happy Holidays

Sending warm wishes and holiday cheer to all! May your days be merry and bright. 🌟❄️ #happyholidays #merryandbright #festiveseason #expatriatetaxreturns

Sending warm wishes and holiday cheer to all! May your days be merry and bright. 🌟❄️ #happyholidays #merryandbright #festiveseason #expatriatetaxreturns
Living abroad can be exciting. It’s an opportunity to experience new cultures and expand your horizons. While you’re putting down roots in another country, don’t forget that you still have legal responsibilities to the United States. As a citizen, you are still required to file your taxes. Who Has to File U.S. Taxes? If you…
If you are living abroad and are receiving income from your employer for housing, you may be eligible for the Foreign Housing Exclusion. Employers may offer housing funds directly to you or may include them as part of your overall income. Both options are acceptable qualifies for the exclusion for the deduction. Those who are…
Federal tax filings and payments for 2020 are postponed until May 15th, 2021. Expats automatically have until June 15th to file but payments must be made by May 15th. This is to help taxpayers that have been impacted by Covid-19 to have additional time needed to make payments without enduring any penalties. The IRS recommends…
When many people hear the term “expatriates” they think of business people who are from one country and working in another. While this is true, it’s important to remember that not every expat is a businessman in a suit and tie who got transferred from the corporate office in Manhattan to the overseas office in…
If you’re a digital nomad, you may be wondering if you need to pay taxes. The answer is – it depends. It’s important to understand the tax rules and regulations in the countries you work in and pay taxes accordingly. Paying taxes as a digital nomad can be a bit more complicated than if you…
If you’re a U.S. expat with foreign bank accounts totaling more than $10,000 at any point during the year, the Foreign Bank Account Report (FBAR) is a requirement you can’t afford to ignore. The extended deadline to file for most is October 15, making this month the final opportunity to stay compliant and avoid harsh…