Happy Patriot Day from Expatriate Tax Returns

In the face of adversity, the true spirit of America shines through 🌟

In the face of adversity, the true spirit of America shines through 🌟
If you are living abroad and are receiving income from your employer for housing, you may be eligible for the Foreign Housing Exclusion. Employers may offer housing funds directly to you or may include them as part of your overall income. Both options are acceptable qualifies for the exclusion for the deduction. Those who are…
To start off, an expat is someone who lives in a foreign country for a prolonged period of time, usually for work or retirement. If you are an expat and considering getting married or divorced, it’s important to be aware of the tax implications that may arise from either decision. The Tax Benefits of Marriage…
Adults across the U.S. will recognize April 15th as Tax Day. This is when individual income tax returns are due. There is some flexibility for expatriates. The Internal Revenue Service website states that if you are “a U.S. citizen or resident alien residing overseas or are in the military on duty outside the U.S.” that…
BETTER LATE THAN NEVER! Fallen behind, have you? Well, just so you know, you’re not alone. Many American expats are in the same boat and are able to file late and accrue no penalties or interest. First question to ask yourself…do you owe tax? If your income falls below the foreign exclusion amount (for 2012…
Do Expats Owe U.S. Taxes If They Pay Tax Overseas? One of the most common questions Americans living abroad ask is whether paying taxes in another country eliminates their U.S. tax responsibilities. While the U.S. tax system provides tools to reduce or prevent double taxation, paying foreign taxes does not automatically remove the requirement to…
If you owe money, you must pay today or you will owe a fine. You can request a 3 month extension to October to file the paperwork but you do need to pay. There are short and long term payment plans. Don’t wrap up fines. If you need help filing, contact Expatriate Tax Returns.