Veterans Day 2024

Let us remember and honor the heroes among us.
Let us remember and honor the heroes among us.
The foreign tax credit is a credit available to taxpayers who pay taxes to a foreign country. The credit is intended to offset the burden of double taxation, whereby a taxpayer is taxed on the same income by both the United States and the foreign country. The credit is available to both individuals and businesses…
The familiar rhythm of the calendar signals a season that many approach with a blend of anticipation and apprehension: tax time. As deadlines loom on the horizon, understanding and meeting your tax obligations become paramount. We’re here to provide your timely reminder of approaching tax deadlines and shed light on how Expatriate Tax Returns stands…
For U.S. expatriates, understanding and navigating the complexities of tax forms is crucial. In this guide, we’ll dive into the US expat tax implications for Form 2555, a key document for those living abroad. Additionally, we’ll showcase how Expatriate Tax Returns offers expert assistance to ensure a seamless tax-filing experience. Decoding Form 2555: At the…
Just before Christmas, President Donald Trump signed the 1,100-page Tax Cuts and Jobs Act, or TCJA, into law. This reform of the tax code won’t affect your 2017 expatriate filings, but it will have an effect on your 2018 tax returns. This is meant as a general guide; you should always consult with a professional at Expatriate Tax Returns before…
You’re enjoying your time outside the U.S. because being an expat is exciting, rewarding and full of memorable experiences. There are fun and exciting things to see, new people to meet, and great work to accomplish at your job. However, as well all know, we are living in challenging times. It has become increasingly difficult…
The FBAR…No News is Good News! If you have more than $10,000 USD in foreign banks, you must file a Foreign Bank Account Report (FBAR), Form number TD F 90-22.1, reporting the financial institution(s) name, address, account number and highest balance of the year. This informational tax form is filed with the United States Department…