• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • facebook
  • twitter
  • youtube
  • instagram
  • yelp
  • linkedin

Subsidiary of EtaxService.com | Support Hotline: 877-ETAX-123 | 877-382-9123

Expatriate Tax Returns

Expatriate Tax Returns

  • Home
  • About Us
    • Expatriate FAQ for Tax Filing
    • Testimonials
    • Leave a Comment
  • Services
    • Individual Tax Returns
    • Business Tax Returns
    • Estates and Trusts
    • FBARS and FORM 8938
    • Non-Filers and Late Filers
    • Audit Assistance
    • What We Need
  • Pricing
    • Privacy/Payment Policies
  • Tax Resources
    • Tax Forms and Documents
    • Expat White Paper
    • Expat Tax Guide
  • Blog
  • Contact Us
  • Pay Bill

Tax

Our Expatriate Clients are First & Foremost

September 20, 2017

Have you noticed that in our society, taking responsibility isn’t what it used to be? Too many service related companies have made customer service a low priority. At Expatriate Tax Returns, we put our clients first and their tax needs are foremost for all of our tax professionals.

While some service related companies try to shift the blame, we take responsibility. When it comes to tax preparation, taking responsibility is the utmost principle. Our professionals take their responsibility to our clients, who are living abroad, very seriously and we understand the trust our clients place in us can never be taken lightly. As expats, your tax returns are your own responsibility, but you have placed the trust in us to prepare them efficiently and effectively.

Expatriate Tax Returns

Our team of tax experts feels that sense of responsibility for your tax returns. We are cognizant that you have a responsibility to the U.S. government to file your expatriate tax returns in a timely manner. When we all place value on being responsible, we are all successful. Your tax returns to the U.S. are filed and paid on time, and we maintain the trust that you have placed in us.

It’s not easy for American citizens to relocate to another nation, far from home, and we understand this. We take it as our responsibility to ensure you understand the Foreign Tax Credit, your rights as an American expatriate, and that you are reminded of the IRS deadlines for tax filing.

No matter where in this world you currently live and work, the expatriate tax laws must be respected. It can certainly be a hassle to have to file these taxes each year, but we thank you for placing that trust in us and know that we will honor and respect your trust by serving you to the best of our ability at all times. This is the cornerstone of what we stand for at Expatriate Tax Returns — your expatriate tax professionals. Call us today at (877) 382-9123.

Filed Under: Blog Tagged With: Abroad, American expatriate, Americans, Americans living abroad, benefit, claim, claiming, country, credits, double taxation, excess, expat income tax, expatriate tax, Expatriate Tax Returns, file federal tax return, Foreign Tax Credit, future, income exemptions, IRS, IRS exemptions, live and work abroad, nations, Paying Taxes, preparing your expat taxes, Stress, Tax, U.S. federal tax return, U.S. federal taxes, U.S. tax credit, United States, World

The 2017 Outlook for Expats and Expatriate Tax

January 6, 2017

Living and working overseas as an American expat comes with a unique tax filing position. It can often be complicated and full of hassle. Most tax advisers and tax return preparers are not experienced in the specific nature of expatriate tax returns. The expatriate tax professionals at Expatriate Tax Returns make up a stellar team of CPAs who have decades of experience in expat tax preparation. We’ve compiled some noteworthy updates that expats will be interested in for the coming year.

The past several years were relatively quiet in terms of changes to U.S. tax law in general and expatriate tax law in particular. With a new Administration and a new Congress, there are likely to be a number of substantial tax changes that expats should be aware of as we continue on in this new year.

Expats Taxes

In past years, the Foreign Bank and Financial Accounts (FBAR) was due by June 30th and extensions were not allowed. For tax year 2016 and forward, however, the FBAR due date is April 15th. There will also be a maximum extension for a 6-month period ending on October 15th. That should be a good development for American expats as it syncs the FBAR due date with the tax return due date. Plus it provides expatriates more time to prepare their information and file both items at the same time.

If you live outside the U.S. on April 17, 2017, you are entitled to an automatic extension (without the filing of an extension form) until June 15. However, if you owe tax, the extension applies only to the tax return filing and not the tax payment.  Therefore, you must still submit your payment by April 17 to avoid paying interest on your late payment (late payment penalties do not commence until June 15th).

Expats who need to file an extension (Form 2350) because they need additional time to meet either the bona fide residence test or the physical presence test to qualify for the foreign earned income exclusion and/or the foreign housing exclusion or deduction, such extension is due by April 17th (not June 15th), even if they are outside the United States at that time. For tax year 2016, the maximum foreign earned income exclusion is up to $101,300 per qualifying person ($102,100 for tax year 2017).  The maximum foreign housing exclusion for 2016 is $14,182. The standard deduction amounts are: for joint filers and surviving spouses, $12,600 for 2016 ($12,700 for 2017); for heads of household, $9,300 for 2016 ($9,350 for 2017); for singles, $6,300 for 2016 ($6,350 for 2017); and for marrieds filing separately, $6,300 for 2016 ($6,350 for 2017). For 2016 and 2017, the personal exemption amount is $4,050.

Further, under a new law, timing limitations were added for claiming the child tax credit by providing that a taxpayer identification number (an ITIN or SSN) can be used to claim the credit only if it was issued (not applied for) on or before the due date of the return. Finally, the past year was an important one in the U.S. government’s implementation of FATCA. Digital information exchanges began between the U.S. and its partner countries, and the IRS, in turn, has received more and more foreign account information. Many of the FATCA partner countries and their foreign financial institutions (e.g., banks) have made substantial efforts to become FATCA compliant in order to avoid potentially devastating penalties for foreign institutions with significant portfolios of U.S. investments. In this regard, the U.S. government gave a December 31 deadline for countries to implement FATCA locally or lose FATCA-compliant status.

It remains to be seen what tax changes the Trump Administration will make and we will keep you posted. Right now, it’s a wait and see attitude for these changes to the tax code in general and the expatriate tax code in particular.

Remember, due to April 15 being on a weekend, the due date for the 2016 tax return has been moved to April 17, 2017. Due to October 15th being on a weekend, the extension due date for the 2016 tax return (with the filing of an extension form) is moved to October 16, 2017.

Please don’t hesitate to call on us at ExpatriateTaxReturns.com to take the hassle out of your expat tax preparations. Our experience is your best friend! Call us today at 877-382-9123.

Filed Under: Uncategorized Tagged With: automatic extension, bona fide residence, compliant, CPAs, exemption, Expat Tax, Expat Tax Preparation, expat tax preparations, Expatriate, expatriateTaxReturns.com, Expats, experience, FATCA, FATCA-compliant status., FBAR, filing tax, Financial Accounts, Foreign, foreign account, Foreign Bank, foreign earned income exclusion, foreign housing exclusion, housing, investments, IRS, maximum, overseas, preparers expatriate, return, Tax, tax return extension, tax returns, Trump Administration, U.S. tax law

Love and Marriage: An Expat Married to a Non-U.S. Citizen

May 3, 2016

A recent article in the Wall Street Journal titled “Tax Life Can Be Complicated When You’re Married to a Non-U.S. Citizen” looked at the difficulty many American expatriates have when they are married to a spouse who doesn’t have United States citizenship. As if it wasn’t challenging enough to be an American citizen living and working abroad with Expat Taxes, these expats face an additional layer of complexity when they file their taxes.

 

 

The first question the article addressed is whether these expats should they file “married jointly” or separately. At Expatriate Tax Returns, we know that many of our clients faced this same confusion. There are advantages and disadvantages to the way you file, so it’s important to know what makes the most sense for you. There are significanttax implications for either situation.

Many expats need to know whether they can put bank accounts in the name of a foreign spouse and whether it is worth it to do this. Many of our clients also ask us about the Foreign Bank Account Report (FBAR), which was introduced by the IRS to battle offshore tax avoidance. The FBAR requires you, as a U.S. citizen abroad, to reportfinancial accounts held abroad. Additionally, you’ll want help determining whether your non-U.S. citizen spouse’s income should be included in your tax return. There also might tax implications based on how you file as it could move you into a higher tax bracket.

A lot of evaluation is required to know how best to handle the situation of an American expatriate filing expat taxes when married to a non-U.S. citizen who is also living and working outside of the United States. The best way to handle this is to allow tax professionals to handle these variables. At ExpatriateTaxReturns.com, no client is treated with a cookie cutter. We look at each client’s needs and situation before evaluating how best to handle their tax preparation and filing. The topic of expat taxes is always complicated, but we have the years of experience to handle it in the most professional, thorough and successful manner. Trust the professionals. Visit our website at www.expatriatetaxreturns.com and fill out the simple form for more information.t?sender=acmFiYmlqYW1AZ21haWwuY29t&type=zerocontent&guid=84fe91b0-7dfa-401c-9d12-50fd7e33e577

 

Filed Under: Blog Tagged With: Expatriate Taxes, Expats, IRS, marriage, marriage penalty, marriage tax, married couples, Tax, Taxes

Expat Tax Rules Can Be Confusing

February 25, 2016

It’s March and that means we’re still at the beginning of the new year, but we’re already seeing some changes to the tax laws for U.S. expats. It seems that the IRS creates new rules and regulations every year when it comes to expatriate taxes.

It can be a full-time job just to keep up with all of the different rules for preparing your expat tax returns. That’s why the professionals at Expatriate Tax Returns are here to handle that for you. The rules for expat tax filing are confusing and require experience.
Having a tax professional with specific expertise in U.S. expatriate tax law is truly the best way to handle this. The tax pros at ExpatriateTaxReturns.com has been helping American citizens living overseas for many years and makes it a top priority to discover and master the new tax laws that are changed each year.
For example, it’s essential to know the current tax year’s policy on U.S. expat foreign bank, financial and asset reporting. Over the years there have been huge increases in the number of audits of U.S. expatriates due to the U.S. Government Accountability Office’s (GAO) discoveries of inaccurate claims by expats. It’s important to report all foreign assets and income in your tax filing.
Don’t be confused or stressed over your expatriate taxes. Let us take the hassle out of the process and you’ll be glad you did. Call us today to get started and rest assured that your expatriate tax returns will be in good hands. Call our support hotline toll-free at 877-382-9123.
*Don’t forget that March 15 is the day your Corporate Returns are due.

Filed Under: Blog Tagged With: american expatriates, American Expats, confusing, confusion, Expat Taxes, Expatriates, Expats, IRS, Tax, Tax Law, Taxes

Starting Fresh

September 13, 2015

There is something wonderful about starting fresh. Who doesn’t appreciate the chance to begin anew and to do better. For many American expatriates, last year’s tax filing might have been a mess. Maybe it was your first year working abroad and you weren’t sure how to file your expat tax return? Maybe you trusted a company that seemed to know what they were doing on your behalf, but in the end you weren’t satisfied with the results.

Expatriate Tax Returns has been in the business of expat taxes for many years and those years have given us the experience to become the experts in the field. No matter what your expat tax situation was last year (or in previous years), there’s the opportunity to begin again. You can start fresh by hiring Expatriate Tax Returns today. We’ll set you up in our system and provide you with a dedicated account specialist. You won’t be another number to us and you will find that your account specialist is dedicated to preparing and filing your expatriate taxes in a fast and accurate manner, making sure all IRS deadlines are met.

Despite what happened in the past, make the future brighter. Call Expatriate Tax Returns at 877-382-9123 today to get started.

Filed Under: Blog Tagged With: Expatriate Taxes, Expats, Tax, tax returns

U.S. Independence Day is Cause for Celebration No Matter Where You Are

July 1, 2014

Expatriate Tax Returns has thousands of clients spread out across the globe. Each year we prepare and file U.S. tax returns for American expats currently living in dozens and dozens of nations around the globe. Oftentimes, our communication with our clients is more than a simple phone call or email message across seas to get all the necessary information before we submit the client’s expatriate tax filing. These communications are an important link back to the United States for these expats.

 

expatriate tax returns

The 4th of July, no matter where an expat is currently residing and working, is cause for celebration. Sometimes we’ve noticed that our expat clients can feel homesick on U.S. holidays like the 4th of July, but we encourage all expats to celebrate Independence Day. Regardless of where you live in the world, you’re an American citizen and our nation’s independence day commemoration is still your holiday. It is a day on which we give thanks for our freedom and our liberties. What comes with those rights of course is the responsibility to pay income taxes.

So as we approach the 238th year of the United States of America’s independence, let us all be thankful for this amazing country — no matter where you are living today. Happy 4th of July from Diane Siriani and everyone at ExpatriateTaxReturns.com.

Filed Under: Blog Tagged With: Diane Siriani, Expatriate Tax Returns, Expats, IRS, Tax, Taxes, United States

Primary Sidebar

Footer

Contact Information

Expatriate Tax Returns
Phone: 1-877-ETAX-123 (382-9123)
Fax: 561-516-6261

Corporate Office (Florida)
7865 Palencia Way, Delray Beach, FL 33446

Satellite Office (Michigan)
20164 Goddard Rd, Taylor, MI 48180
Phone: 734-285-5528

Satellite Office (UK)
16 Malvern Court, Onslow Square
London, UK SW7 3HU

Contact Us

Refer A New Client

Services

  • Individual Tax Returns
  • Business Tax Returns
  • Estates and Trusts
  • FBARS and FORM 8938
  • Non-Filers and Late Filers
  • Audit Assistance
  • What We Need

Latest News

Maximizing Tax Savings as an Expatriate

Fall Tax Planning for Expats

Happy Patriot Day from Expatriate Tax Returns

Copyright © 2023 Expatriate Tax Returns · Privacy Policy · Site by OMA Comp
Subsidiary of EtaxService.com