IRS Forms 8805 and 8804 – A Guide for Expats

IRS Forms 8805 and 8804 - A Guide for US Expats

The US tax system is based on citizenship, which means that American citizens living abroad are required to file US taxes every year, reporting their worldwide income. As American expats often have to file foreign taxes too (depending on the rules in the country where they live), they get longer to file, with expats’ tax […]

US Expatriate Tax Laws Explained

US Expatriate Tax Laws Explained

American expatriate tax laws are unusual, in that they apply to all Americans citizens around the world, rather than just US residents. US expatriate tax laws can be divided into two categories: laws relating to tax filing and financial reporting requirements for Americans living abroad, and laws relating to Americans renouncing their US citizenship. US […]

2019 FBAR Filing Deadline Extension to October 31st 2020 Announced

2019 FBAR Filing Deadline Extension to October 31st 2020 Announced

Americans who haven’t filed their 2019 FBAR yet in 2020 have been granted an automatic filing extension until October 31st 2020. On Wednesday October 14th 2020, just a day before the regular FBAR filing deadline, the Financial Crimes Enforcement Network (FinCEN, to which FBARs are filed) announced an extension until December 31st 2020 by way of […]

GILTI 962 Election – A Guide for Expats

GILTI 962 Election - A Guide for Expats

Americans living abroad are required to file US taxes, reporting their worldwide income. The US is one of only two countries (the other being Eritrea in Africa) that tax expats on their global income, as well as residents. American expats also have to report any foreign business interests they have, and sometimes their foreign financial […]

2020 US Election Update for Expats

2020 US Election Update for Expats

With less than three weeks to go until the 2020 election, it’s time to take stock and have a look at the implications of the two outcomes for expats. It’s the strangest election year in living memory and perhaps ever, with the economy rocked by a global pandemic, social unrest across the country, and the […]

A Guide to Working Remotely for Americans Abroad

Guide to Working Remotely for Americans Abroad

Millions of Americans living abroad have been forced to work remotely this year. Some were already living abroad, others have found themselves stranded abroad, while others still moved abroad to sit out the pandemic. With countries including Barbados, Bermuda, Estonia and Georgia offering new and attractive remote working visas, and the global transition to remote […]

When Should Expats File IRS Form 2350?

When Should Expats File IRS Form 2350

US law requires all American citizens and Green Card holders to file US taxes and report their worldwide income, including those living abroad. This leaves many Americans living abroad at risk of double taxation (having to pay both US and foreign income tax in the country where they live) on the same income. The US […]

Taxes for Expats – The US – Sweden Tax Treaty

Taxes for Expats - The US - Sweden Tax Treaty

The US – Sweden tax treaty was signed in 1994, with an additional protocol added in 2005 covering dividends. The purpose of the treaty is to prevent double taxation for Americans living in Sweden and Swedes living in the US, however it doesn’t prevent US citizens living in Sweden from having to file US taxes. US taxes for […]