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

Expatriate Tax Returns

the expat

Healthcare and Expatriate Taxes

Living as an expatriate can be an exciting and rewarding experience, but it also comes with its share of complexities, especially when it comes to healthcare and taxes. While exploring new cultures and embracing the expat lifestyle, it’s crucial to ensure that you meet your tax obligations and have access to proper healthcare. In this blog, we’ll explore the intersection of healthcare and expatriate taxes, shedding light on the key considerations expats need to keep in mind. Plus, we’ll discuss how expert guidance from services like Expatriate Tax Returns can make the journey smoother.

Understanding Healthcare as an Expat

Healthcare systems vary widely from one country to another, and as an expatriate, you may find yourself in a location with a different healthcare setup than what you’re accustomed to. Consider the following:

  • Local Healthcare Coverage: Depending on your destination, you might be eligible for local healthcare coverage. Some countries offer excellent, affordable healthcare services that expats can access. However, navigating these systems can be complex due to language barriers and differences in healthcare procedures.
  • International Health Insurance: Many expats opt for international health insurance plans to ensure they have access to quality healthcare and can receive medical treatment in their home country or other designated locations.
  • Home Country Coverage: Some expats maintain health insurance coverage in their home country, ensuring that they can receive medical treatment when visiting or during temporary returns.

In the world of expatriate living, access to healthcare and understanding your tax obligations go hand in hand. With the right guidance, you can confidently embrace the expat lifestyle while ensuring that your healthcare needs are met and your tax affairs are in order. Expatriate Tax Returns is here to provide you with the expertise you need to navigate the complexities of expatriate taxes, including healthcare-related tax considerations. Book an appointment by calling 877-382-9123 or visiting our Contact Page. We are always excited to help you navigate tax implications.

Moving Abroad Your Life May Be More Complicated Than Ever Before

Relocating can enable you to get a great job, make more money and have a totally interesting change to your lifestyle.  Moving offshore creates other issues that need to be considered like:

  • Dealing with foreign currency and exchange rates
  • Language barriers
  • Benefit packages such as health insurance, tuition, housing, transportation
  • Tax rules, rates and regulations

Basically, pretty much everything you take for granted.

Before agreeing to any employment contract you should contact Expatriatetaxreturns.com to review the offer, help you to manage your expectations, project your tax liabilities, and help with the answer to the question “Is it worth it?”

Moving across the world is a decision that cannot be taken lightly.  Get some professional guidance along the way to make sure that you are aware of all ramifications.

News for American Citizens Living Abroad

Expatriate Tax Returns Filing News for Expats

Tax Day, April 15th has passed. The bad news is if you owe taxes to the U.S. government, payment is overdue to the IRS. As an expat, you are given an automatic two-month extension to June 15th for filing but all monies owed were due on April 15th.

Hopefully, you are among the majority of Expats who do not owe any taxes but if not, pay now. If you are one of the minority expats that do owe taxes, you may have to pay interest. Submit your payment in full to stop the interest from accruing. Our CPA’s are here to help make your tax filing easy, contact Expatriate Tax Returns today.

Good News for American Citizens Living Abroad

Expatriate Tax Returns Good News Tax Filing

Adults across the U.S. will recognize April 15th as Tax Day. This is when individual income tax returns are due. There is some flexibility for expatriates. The Internal Revenue Service website states that if you are “a U.S. citizen or resident alien residing overseas or are in the military on duty outside the U.S.” that you are given an automatic two-month extension for filing.

You are not required to submit a request to take advantage of this extension. Your tax filing will be due by June 15th if you qualify. As long as you pay all taxes (most expatriates don’t owe any taxes), no late penalties will be applied. A CPA can provide valuable financial advice and help ensure that you always pay the amount required by law – no more and no less. Make tax filing easy, contact Expatriate Tax Returns today.

I Made a Mistake on My Expat Tax Return – What Do I Do?

Expatriate Tax Returns Expat Tax Return Mistakes

Realizing that you made a mistake on your expat tax return can be a heart-stopping experience. Don’t worry. The issue can be corrected.

What Do I Do When I Notice a Mistake?

The best thing to do when you notice a mistake on your tax return is to deal with it. Common errors include forgetting to report income or not taking all allowable deductions. No matter what the mistake was, it is always better to file an amendment before the IRS notices and contacts you about it.

How Do I File an Amended Expat Tax Return?

There is a process in place to allow you to file an amended tax return. Using a Form 1040X, you can make changes to a previously filed 1040EZ, 1040A, or 1040. This usually must be done within three years of the original return or two years from the date the taxes were paid, whichever comes second. Next, you can:

  • Attach the necessary form or schedule if needed
  • Pay additional taxes owed before the due date to avoid penalties and interest
  • Submit the form using snail mail (not electronically)

Expert Advice Can Help You Avoid Expat Tax Errors

The best way to deal with expat tax return mistakes is to avoid them altogether. We can make the process much easier and provide you peace of mind. Whether you’re filing your taxes for the first time or need to submit an amendment, let us know. Contact Expatriate Tax Returns to discuss your expatriate tax questions.

Happy Easter

Expatriate Tax Returns Easter 2019

Wishing Americans everywhere, a very Happy Easter!