Why Expatriate Tax Returns?


July is the most popular vacation month around the world. While you are out exploring, post a picture on our Facebook page. We would love to follow your travels!
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…
Good news for U.S. citizens living abroad—your tax filing deadline is June 15. While any taxes owed were due by April 15, expats automatically receive a two-month extension to file. If you haven’t submitted your return yet, there’s still time to take advantage of key tax credits that can lower your liability or increase your…
The idea that the Internal Revenue Service could audit you is not something you should take lightly. However, it’s also not something that should keep you up at night riddled with anxiety. Math errors may draw IRS inquiry, but they’ll rarely lead to a full-blown audit. Although there’s no sure way to avoid an IRS…
Although we are not sure of the “how”, here is a recap of the benefits you can expect sooner or later if your taxable income is up to $75,000 for single or married filing separate taxpayers, up to $112,500 for heads of household or up to $150,000 for taxpayers filing married joint: If your income is…
Is June 15th on Your Tax Calendar? If you are a U.S. citizen or resident alien living abroad, June 15th may be one of the most important dates on your tax calendar. Many qualifying Americans overseas receive an automatic 2-month extension to file their U.S. tax return, but that does not mean tax season should…