Heading overseas can be an exciting experience, but it certainly isn’t hassle free. Whether you are married, have a family, or are single, there are a lot of important elements that go into preparing for a move abroad.
After accepting a new job overseas or a job transfer to a country outside the United States, it’s important to create a long “To Do List” with critical items like finding a place to live, forwarding mail, and finding a physician in your new country (here’s a full planning checklist). One often overlooked item on the “To Do List” is informing the Internal Revenue Service (IRS) that you are moving abroad.
It’s important to update you address information with the IRS so they can properly send your refund or any correspondence. You can update your address with the IRS by completing Form 8822, Change of Address at any time during the year.
Failure to notify the IRS of an address change can be costly. For example it can keep you from contesting a lien for unpaid taxes. At Expatriate Tax Returns, we understand that planning for the big move abroad is challenging and there are already so many things to think about. We can help you alleviate the stress by walking you through this journey hand-in-hand. We’ve helped thousands of U.S. expatriates successfully transition to their new country and we’ll help you too.
No matter where you are in the process of your preparation for becoming an expat, call on us for trusted, professional assistance. We’ll be with you every step of the way. Call us today at our Support Hotline: 877-382-9123 or fill out the form on our website: www.expatriatetaxreturns.com.