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As we enjoy our freedoms, let’s remember those who made it possible.
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…
Name: Stephanie B. a.k.a ‘La Mom – An American Mom in Paris’ Where are you from: San Francisco Where are you now: Paris, France Why did you move overseas: Who says no to an opportunity to move to Paris? I was offered a job transfer to fill in for a colleague on maternity leave. The…
The tax filing deadline for expats is June 15th, 2021. Expats receive an automatic extension on U.S. filings. The IRS has not issued any changes to this deadline this year. Any payments owed for 2020 are overdue to the IRS. If you inadvertently forgot or didn’t know you owed, contact us as soon as possible…
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…
To all the dedicated individuals who contribute their efforts daily, happy Labor Day! 🛠️