Happy Independence Day to Americans Around the World
Similar Posts
How U.S. Tax Treaties May Help Lower Your Tax Burden Abroad
How U.S. Tax Treaties May Help Lower Your Tax Burden Abroad U.S. tax treaties can sometimes reduce an expat’s total tax burden, but they do not work the way many people expect. The United States has income tax treaties with a number of foreign countries, and those treaties may provide reduced tax rates or exemptions…
Tax Season Has Started
The IRS is officially accepting tax returns as of January 24th. What does this mean for you? Let us help! Due to the record number of returns last year, the IRS recommends getting your return in as soon as possible. If you have not yet organized your tax documents, it is time to do so….
The 5 Most Common Reasons For FBAR Penalties
The Foreign Bank and Financial Accounts Report (FBAR) is a form that is required to be filed by U.S. taxpayers who have foreign financial accounts. The FBAR is used to help the government detect and combat international money laundering and terrorist financing. If you fail to file the FBAR, you may be subject to civil…
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…
