Happy Mother’s Day

As autumn leaves paint the world in shades of gold and crimson, expatriates around the globe prepare for more than just cozy sweater weather. The fall season is also the perfect time for expats to engage in some serious tax planning. Ensuring your financial house is in order before the year-end tax deadline can save…
The U.S. Presidential election is underway and some U.S. expats are wondering if their vote from abroad will affect their tax status. Voting is a U.S. citizen’s constitutional right and is not conditional on having filed or paid income taxes, so it will not increase your federal or state income tax liability.
Originally it was thought the tax relief was on the horizon for expats when President Trump’s new tax program was put into law, but the reality is that nothing is really different from the new rules that apply to all US taxpayers: The major change regarding international taxpayers is how Controlled Foreign Corporations are handled….
As an expat, it is essential to understand the concept of double taxation and take necessary measures to prevent it. Double taxation is a situation where a taxpayer pays taxes on the same income in two different countries. This can happen when an expat earns income in their country of residence and is also subject…
Sure I can still prepare my own tax return…Can’t I?! Many people file their own U.S. tax returns, and do it well. However, now that you are an expatriate, is it still possible? Here is a list of advantages and disadvantages to preparing your own tax return as an expat. Reasons to prepare your own…
The US government extended the filing and payment of all individual tax returns to July 15th, 2020. Estimated taxes that were due in April and will be due in June are also extended to the July 15th deadline. Penalties and interest will be waived on all individual tax payments that were due from February 15…