Guide to 2020 IRS Deadlines and Extensions for US Expats

Guide to 2020 IRS Deadlines and Extensions for US Expats

American expats have to file US taxes the same as Americans who live in the states, reporting their worldwide income. This is because the US taxes based on citizenship, not on residence like most other countries. Many US expats assume that a tax treaty, paying foreign taxes, or only earning abroad prevent them from having […]

Skyler Rutkowski Awarded Bright!Tax Global Scholar Award

Skyler Rutkowski Awarded Bright!Tax Global Scholar Award

Skyler Rutkowski is the latest winner of the Bright!Tax Global Scholar Award. The award is made biannually to exceptional young Americans who wish to study overseas. Skyler is the eighth recipient of the award, which was launched in 2016 by Bright!Tax, the world-leading expat tax services firm. Skyler is currently working towards a PHD in […]

Foreign Earned Income Exclusion in 2020 for US Expats

Foreign Earned Income Exclusion in 2020 for US Expats

Because the US taxes based on citizenship, American expats have to file US taxes from abroad, reporting all of their global income. Many Americans also have to file foreign taxes too, depending on the rules in the country (or countries where they live). Americans also often have to report their foreign registered bank and investment […]

US Taxes for Expats – FBAR Filing Deadline 2020

US Taxes for Expats – FBAR Filing Deadline 2020

If living abroad requires courage and mental fortitude, in return it rewards expats with the experience of a lifetime. Americans who live abroad still have to file US federal taxes though, reporting their global income. Many also have to file foreign taxes in the country where they live, and possibly US state taxes too. This […]

Taxes for Expats – The US – Spain Tax Treaty

Taxes for Expats – The US – Spain Tax Treaty

The US – Spain tax treaty was originally signed in 1990, with an additional protocol signed in 2013 but only ratified in 2019 that reduced withholding taxes on dividends, interest and royalties, as well as increasing tax information sharing between the two countries. The purpose of the treaty is to prevent double taxation for Americans […]

Tax Guide for UK Citizens Working in the US

Tax Guide for UK Citizens Working in the US

An estimated 700,000 UK citizens live in the US, and the majority have relocated to further their careers. When UK citizens move to the US for work, they often already have a work permit or Green Card. This places them within the US tax system. The US tax system has significant differences and is generally […]

An Expat Thanksgiving

An Expat Thanksgiving

The Bright!Tax team wishes all US expats around the world a very Happy 2019 Thanksgiving! Thanksgiving abroad as an expat can be an unusual experience, celebrating in a place where few other people celebrate and often without access to the traditional ingredients. As expats though, we have a lot to be thankful for. Being an […]

Year-End Tax Planning Strategies for US Expats in 2019

Year-End Tax Planning Strategies for US Expats in 2019

As we approach the end of year holidays, it’s a good time for expats to take stock and do some year-end tax planning. Year-end tax planning for expats falls into two broad categories: minimizing year 2019 taxes, and planning ahead for 2020. Minimizing year 2019 taxes Ensure that you qualify for the Foreign Earned Income […]

IRS Announces 2020 Tax Rates and Brackets for US Expats

IRS Announces 2020 Tax Rates and Brackets for US Expats

Each year the IRS adjusts tax brackets, the Standard Deduction, and exclusion thresholds for inflation. Last week the IRS announced the new figures for 2020. These will be applied to the year from January 1st to December 31st 2020, the 2020 tax year, for which expats (along with Americans living stateside) will file in 2021. […]