Happy Holiday 2021!
Our team at Expatriate Tax Returns would like to wish everyone a Happy Holiday 2021!
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Expat Tax Filing
U.S. citizens must file taxes no matter where they are living and working. This applies to you if you are a United States citizen or a Green Card holder if your overall worldwide earnings is above the U.S. filing income. Expatriate Tax Returns understand that it is stressful to deal with two different tax systems,…
How to Save More on Your Taxes
There are several ways that you can save money when filing your taxes depending on your individual circumstances. These include the Foreign Earned Income Exclusion, Foreign Tax Credit, and Foreign Housing Exclusion. The FEIE reduces your income by paying housing expenses. If you qualify and file on time, you can save big on your taxes. Most…
Celebrating Presidents’ Day
Presidents’ Day has been widely accepted as the unofficial holiday name for many generations, although, it was originally called Washington’s Birthday and is still in some states. Congress passed the “Uniform Monday Holiday Act” on June 28th, 1968. This law changed annual observances of some holidays to Mondays, partially to provide federal employees with three-day…
Generosity Extended: The IRS Mileage Rate
The IRS is looking out for American taxpayers. For the remainder of 2022, the optional standard mileage rate has been increased by the IRS. For the rest of the year, taxpayers can receive reimbursement for using their automobiles for business travel and other similar purposes. Once mileage is calculated, drivers can determine what they’ll receive…
