Happy Father’s Day 2020

The government is trillions of dollars in debt and raising taxes is never a very popular option for politicians… but going after taxes that should have been paid, but weren’t? That rarely loses Congress a vote, and so today’s expats are the new white whale of the IRS. Specifically, the U.S. Foreign Account Tax Compliance…
Of course all of our clients at ExpatriateTaxReturns.com are American expats who are living and working abroad. However, we often get contacted by our clients who tell us they’re moving back home. They became accustomed to having us handle every aspect of their tax preparation each year and now that they’re relocating back to the…
The United States has a complex tax system, and that system becomes even more complicated when you factor in foreign investment income. If you’re a U.S. citizen or resident alien with foreign investment income, you’ll need to know how to handle the taxes on that income. This guide will cover the basics of taxes on…
Now that Tax Day has passed, some consumers may open their mailbox to find a letter from the IRS. The IRS will always communicate via mail, so it is essential to read the letter carefully and in its entirety. The IRS may reach out for various reasons, including a change in your refund, a question regarding…
Signed into law on March 18, 2010 the HIRE ACT, which is due to take effect January 1, 2013, Americans living abroad will face more financial scrutiny than ever before. One subsection of the act includes provisions that require foreign financial institutions, investment funds, trusts, family offices and other types of investment vehicles to report…