Happy New Year 2022
Our team at Expatriate Tax Returns would like to wish everyone a Happy New Year 2022!
For expatriates, tax season can often feel like navigating a labyrinth of international regulations and paperwork. As the tax landscape evolves, staying informed and prepared becomes increasingly crucial. Whether you’re a seasoned expat or embarking on your first tax-filing journey abroad, here are some essential tips to help you navigate expatriate tax returns in 2024:…
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…
The cost of living is a critical factor for anyone considering a move abroad, particularly for expatriates who must often juggle the economics of life in unfamiliar territories. In 2024, understanding the financial implications of living in popular expat destinations like Hong Kong and Zurich is more crucial than ever. Hong Kong: A Pricey Proposition…
Expatriates around the world have a ton of fun and interesting touring options at their disposal. Unfortunately, our clients always tell us that although they now live in outstanding places with wonderful sites to see they just don’t have the disposable time to enjoy them. We like to encourage our clients to keep working hard…
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….
Did you know that important tax dates are not always tied to the calendar year? If you pay quarterly taxes, then your specific quarterly dates may differ. If you are struggling with keeping track of your dates or need assistance, reach out to the experienced professionals at Expatriate Tax Returns. We make tax filing easy!…