Expats and the Pandemic


Taxes can be a confusing and stressful topic for many people, especially when you are unemployed. When you are unemployed, you may not have to pay taxes on your unemployment benefits, but you may still have to pay taxes on other income sources. In addition, you may be required to pay taxes on unemployment benefits…
Stablecoins are digital assets designed to maintain a relatively stable value, often by referencing the U.S. dollar. New regulation and proposed compliance measures could increase identity verification, recordkeeping, and reporting by stablecoin issuers and financial platforms. Stablecoins Are Still Tax-Relevant Assets A stablecoin may maintain a value close to one dollar, but transactions involving stablecoins…
A Letter from our Managing Member, Diane Siriani Hello to all of our clients, friends and associates. All of us at ExpatriateTaxReturns.com and EtaxService.com LLC sincerely hope and pray that all of you are safe and of good health. This pandemic has touched every single one of us in a way no one would ever…
The 1099 NEC form is required to be filed by U.S. citizens and resident aliens who have been paid $600 or more for services performed for a business by someone who is not an employee of that business. The form is used to report non-employee compensation (NEC) on your federal income tax return. NEC includes,…
As the tax deadline approaches, it’s tempting to rush through your return. But a few simple errors can delay your refund — or worse, trigger IRS penalties. Here are some of the most common mistakes taxpayers make and how to avoid them. Top Filing Mistakes to Watch For Bonus Tip for Expats Make sure you’ve…
In the United States, the tax year coincides with the calendar year. April 15th is a known date for taxes due to the IRS for American citizens. This is not the case in all countries. There are numerous countries that do not base the tax date to the calendar year. This process can make it…