Happy Presidents Day from Expatriate Tax Returns

Celebrating the enduring principles of democracy and leadership that define our nation. Happy President’s Day from our team to you! 🎩✨

Celebrating the enduring principles of democracy and leadership that define our nation. Happy President’s Day from our team to you! 🎩✨
Filing by the deadline is essential and can save you money. The IRS charges interest for any balance left unpaid after the deadline, so if you miss the deadline not only will you be paying late fees, but you will also be paying extra interest. Filing by April is always a smart choice (or June…
YOU DON’T HAVE TO FILE A US TAX RETURN BECAUSE YOU LIVE ABROAD Not so! US citizens and permanent residents must file a tax return no matter where they live or earn money, unless they do not meet the standard filing requirements. IF YOUR FOREIGN INCOME IS BELOW THE FOREIGN EARNED INCOME EXCLUSION, FILING IN…
Are you an American living abroad in South Korea? South Korea is the next hotspot for American life considering its thriving economy. A common question many Americans living there ask is “should I file my taxes with the South Korean or US government?” Expatriate Tax Returns is here to answer your questions and help you…
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…
When it comes to making international payments, expats could be paying more than they have to especially when paying taxes in another currency. One of the big reasons for this is the fact that so many of them still use their banks. Maybe you do too – well, you’ve always stuck with your bank for…
Report of Foreign Bank and Financial Accounts (FBAR) Did you realize that all US citizens must report all foreign bank account activity to the IRS? FOREIGN BANK ACCOUNT(S) UNDER $10,000 …check the box on Form 1040, Schedule B. FOREIGN BANK ACCOUNT(S) OVER $10,000…check the box on Form 1040, Schedule B AND file a Foreign Bank…