Happy Holidays from Expatriate Tax Returns

Our team at Expatriate Tax Returns would like to wish everyone a Happy New Year 2022!
As we approach mid-April, we can choose to think of it as tax time or we can use this as an opportunity to reset. In the United States, tax time corresponds to the first weeks of spring. This time of year is meant as a financial, as well as a personal, recharge. For many Americans, including American expats, the spring…
For Americans living overseas, establishing a tax home in a foreign country is a key step in qualifying for several valuable tax benefits, including the Foreign Earned Income Exclusion (FEIE). The IRS uses the concept of a tax home to determine whether your work and residence are truly based outside the United States. Understanding how…
Our team at Expatriate Tax Returns would like to wish everyone a Happy Holiday 2021!
It’s the holiday season, which means year-end is fast approaching. In between holiday gift shopping and decorating, spend some time prepping your taxes for the end of the year. Whether you are an individual or a small business owner, you can take proactive steps for tax season. Create a checklist: Make a list of all…
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…