Estimated Tax Payments

Estimated Tax Payments Estimated tax is a process to pay quarterly tax payments on income that is not subject to withholding. The income that is included is from self-employment, interest, dividends, alimony, rent, gains from the sale of assets, prizes and awards; you may also have to pay estimated tax if the amount of income…

Foreign Tax Credit

Living abroad as an expat you have the opportunity to claim a Foreign Tax Credit to avoid dual taxation. Dual taxation is when two different countries impose tax on the same income.  By completing Form 1116 and attaching it to your Individual U.S. expat tax return, you can claim this credit and avoid paying US…