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End of Summer Means Time to Get Expat Taxes in Order
Those two words that no one likes to hear: Summer’s Ending. Hopefully, you’ve enjoyed a wonderful summer and found some time to relax a bit and enjoy the beautiful weather. No matter where in the world you live, summer is a favorite season for barbecues, sports, swimming, boating and family fun. It’s never easy to…
What Is the Foreign Earned Income Exclusion?
The Foreign Earned Income Exclusion (FEIE) allows U.S. expats to avoid double taxation by excluding foreign wages when calculating taxes, which reduces payment obligations to the United States. U.S. expats MUST FILE even if they don’t owe taxes. We can provide information on your eligibility for FEIE. Contact Expatriate Tax Returns to learn more or if…
Understanding the Tax Fairness for Americans Abroad Act of 2018
The Tax Fairness for Americans Abroad Act of 2018 (H.R. 7358) was introduced last December. This legislation applies to anyone with a non-resident citizen status. Ending citizenship-based taxation would require rewriting almost all the current tax code. Instead, steps are being taken to help address issues for expats who live overseas. What Does the Tax…
Tax Implications of Remote Work for Cross-Border Commuters
In recent years, remote work has revolutionized the traditional office environment, allowing individuals to work from anywhere in the world. For cross-border commuters, this has presented new challenges and opportunities regarding tax implications. Telecommuting or working remotely across borders can significantly impact an individual’s tax liabilities and obligations. Explore the tax considerations and challenges faced…
Is Uncle Sam Looking For You?
Getting behind on US taxes seems to be a trend for expats, probably because they don’t really think about it while living overseas. The rule is: US citizens, no matter where they live, must file a US tax return which reports their worldwide income …that’s US and foreign income, no matter what the source! Wages,…
Don’t Get Your U.S. Passport Revoked
Starting in July, letters started being sent to expats who have not paid their taxes, stating that a request will be made to the U.S. State Department to revoke their passports. If you live abroad and received this letter, you have 90 days to set up a payment plan with the government, according to the…