Happy 4th of July!
Expatriate Tax Returns Wishes You a Happy 4th of July!
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Stimulus Package
U.S. taxpayers who have a social security number AND filed a tax return in 2018 or 2019 may qualify for refundable tax credits. If you qualify, the maximum credit will be $1200 per taxpayer and $500 for each dependent child reported on your tax return that have a valid social security number. Don’t put off…
Missed the Expat Tax Deadline? You Might Still Be in Luck
So, the October 15th deadline slipped by. Life abroad is busy — between visas, housing, family, and work, taxes can easily fall through the cracks. The good news? Missing the deadline doesn’t mean you’re in trouble. You’re Not Alone Thousands of U.S. expats miss the filing deadline each year. The IRS understands that living abroad…
What You Need to Know About The Proposed Tax Bracket Changes For 2022
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…
