Support Hotline: 877-ETAX-123 | 877-382-9123

Expatriate Tax Returns

Expat Taxes

Number of Expatriates is Growing at Steady Rate

An article on the CNBC website, which appeared this past summer, shows that a steady stream of American citizens have chosen to live and work outside of the United States as expatriates. Some of these Americans have renounced their U.S. citizenship because of the implementation of stricter tax rules. However, most expats do not renounce their citizenship. The tax issues that American expats face are significant and can include facing higher tax bills, difficulty in obtaining and keeping financial accounts and complex retirement savings rules.

At Expatriate Tax Returns, we are happy to see such a notable rise in the rate of expatriates. We think it’s a wonderful experience for professionals to spend a few years abroad, but we also caution our clients that there are several important tax considerations to keep in mind as an American expat. Remember that Americans who reside in another country must file a Report of Foreign Bank and Financial Accounts, or FBAR. That form should disclose any accounts Americans have that hold an aggregate of more than $10,000. There are stiff penalties if you fail to file an FBAR. Additionally, the Foreign Account Tax Compliance Act (FATCA) requires foreign institutions to disclose the holdings U.S. citizens have. Americans also need to disclose any foreign mutual funds and insurance or pension products that they own. Those holdings may be viewed as passive foreign investment companies, or PFICs, by the IRS. There are also certain rules that can offset the tax bills that Americans living abroad face.

Many of these tax rules and policies could change in the coming years. It’s a lot to consider for expatriates and staying abreast of IRS changes is even more difficult to do. That’s where we come in. The experienced tax professionals at Expatriate Tax Returns have made it our mission to help expatriates like you and to follow all of the changes in the tax code for expats. Leave it to us to handle your tax returns and ensure that your experience as an expat is a stress-free one. All of us at Expatriate Tax Returns wish you and your family a happy new year. We hope 2019 is a successful and great year for you!

The Importance of Tax Specialization

 

There are a lot of tax firms that are good at a lot of different areas when it comes to tax preparation. And then there is Expatriate Tax Returns. We’re very good at one area… expat taxes. That is what we focus on. Nothing else.

With so many tax preparers out there, you need to be sure of the type of firm you are hiring. Many tax firms are not accustomed to dealing with the complexities of expatriate tax returns for Americans living abroad and that may mean less money refunded on your tax return, or more tax you will have to pay that you actually should not.

 

 

We specialize in expat taxes and we have the years of experience that give us a considerable edge in this category of tax preparation. You can see from the client testimonials on our website that our clients recognize we are in our own category when it comes to preparing tax returns for American expatriates. We truly understand all of the deductions and credits that you, our expat client, may be eligible for. We will not allow you to pay one cent more than you owe.

At Expatriate Tax Returns, we are efficient, quick and honest. We will work with you either via video chat, email or the phone. This high level of communication allows you the flexibility and convenience of filing your taxes securely from anywhere in the world. Contact us today to see why we’re the #1 expat tax firm.

Expatriate Tax Returns Only Has One Client

Our company, Expatriate Tax Returns, believes that we only have one client. This belief allows us to completely focus on each client as if they are our only reason for existing. Why do we do this?

We know that we have a niche in the tax preparation industry. Working exclusively with expatriates means we understand our clients and their needs better than any other CPA firm. Being an expat is a unique experience — you’re away from home for several years and trying to accommodate your family abroad. The specific tax returns American expats have to prepare are very challenging and time-consuming. Our goal is to alleviate the stress that often comes with expat tax preparation.

 

expatriate tax law

 

While we actually have thousands of expats as our clients and have helped countless American expatriates with their tax returns over the years, it’s our mantra to say that we only have one client. And that client is YOU! Our emphasis on making each client feel special is what has led us to become one of the country’s top expat tax preparation firms. Each of our clients is unique and has a tax return that demands our focus. We work diligently to understand each of our client’s situation before delving into the expat tax return. You have our pledge that you will always feel like you are our only client.

When you pay for tax preparation at Expatriate Tax Returns you are automatically covered under our “etax” guarantee which entitles you to reimbursement for penalties charged by a taxing authority if our tax specialist makes an error on your tax return. We are here to help you — American expats who live and work abroad but are still responsible to pay U.S. taxes. We are dedicated to this mission and we love what we do. Call 877-382-9123 today and become our only client!

What’s In a Name?

 

You’ve probably noticed that the majority of CPA firms out there do not have very interesting names. In fact, like law firms, they’re often just named using the last names of a few of the most senior partners. Our accounting firm doesn’t have a typical name like that and it’s because we aren’t a typical accounting firm. We determined many years ago that our firm would only focus on expatriate taxes and we would use the Internet to connect with American expats who needed expert support with their unique, specific tax returns. That’s why we chose the name ExpatriateTaxReturns.com.

At ExpatriateTaxReturns.com, we value the relationships we’ve developed over the years with thousands of American expats, and dozens of the largest companies that send employees overseas for a limited engagement. It has been through these relationships that we have become America’s #1 most trusted expatriate tax prep firm. We are honored to take care of American expatriates and we understand that you are sacrificing much as you move your family out of the country for an extended time.

 

 

We are keenly aware that there are many challenges that come with becoming an expat and we seek to provide our many clients with the peace of mind of knowing their tax returns are prepared quickly and expertly.

Whether you’re an American expatriate in Singapore, Sydney, Dubai or London, you can trust ExpatriateTaxReturns.com with your U.S. tax returns. Call us today toll-free at 877-382-9123 to talk to one of our talented tax professionals and begin freeing up your time while we prepare your expatriate tax returns.

The World’s Only Getting More Hectic

If you have been feeling like you’re head’s been spinning out of control because of the daily news cycle, you’re not alone. Each day there are new shocking revelations in the world news, and as the world appears to be getting smaller thanks to globalization, these news items affect us no matter where we are living and working. An American expat living in London, Sydney or Tel Aviv is certainly affected by news that President Trump has signed a bill changing U.S. tax laws that might affect expatriates.

You might choose to not follow the 24-hour news cycle so closely in order to preserve your sanity. However, our company, Expatriate Tax Returns, sees it as part of our mission to follow how world politics, American tax law, and other issues affect our clients financially. Our only clients are American expats and we make it our top priority to ensure that our team of accountants stays up-to-date on all changes in the tax code.

expatriate tax returns

You don’t have to follow the news because we do. That’s our job. You can focus on work, family, hobbies and everything else that’s important to you. Let us worry about how the world is changing and how those changes will affect your expatriate taxes. At Expatriate Tax Returns, we know that American expats have enough to worry about without trying to figure out expat tax preparation.

We’re here for you… our clients. Call us today at 877-382-9123.

More Expats as the World Gets Smaller

 

Globalization is defined as “the process by which businesses or other organizations develop international influence or start operating on an international scale.” Globalization has made the borders between countries virtually disappear, causing the world to feel like a much smaller place. This undoubtedly has contributed to a rise in workers choosing to move abroad and become expatriates.

The vast increase in expatriates, however, hasn’t led to it being any easier to become an expat. In addition to the typical demands placed on you as you plan to relocate to a foreign country, there is a host of challenging decisions to make and financial responsibilities.

United States tax laws have long been a burden on American expats. For this reason, Expatriate Tax Returns was launched. Our team of CPAs recognized that focusing on expatriate tax returns was necessary as this had quickly become its own field of accounting. Expat taxes are confusing and preparing them is a frustration that expatriates do not want to have to burden amidst the many other challenges facing them as expatriates.

expatriate tax returns

With the growth of globalization has come the surge in technological advances. While this technological innovation has made so many things easier (like finding our company on the web!), it hasn’t caused expatriate tax return filing to be any easier or less of a hassle. Americans living abroad must file their United States tax returns in an exacting way and this can be terribly complicated (especially for a new American expat). To make this process easier and to save you precious time, the tax experts at Expatriate Tax Returns are here to handle that responsibility on your behalf.

Contact our team of expat CPAs today and then you can trust us to take care of everything. Simply fill out the form on our homepage or call us at 877-382-9123 and we’ll get the process started for you. We have your best interests in mind. The world may be getting smaller and becoming an expat may be more common, but expatriate tax returns will always be a reality.