04/06/2020
Rumors swirl regarding US expats’ US filing obligations, some of which are true, and many of which aren’t. In this article we’ll separate the facts from the fiction. So without further ado, here are the top 20 things that you need to know about US expatriate taxation. 1 – Expats have to file The American […]
04/03/2020
As part of the 2020 Coronavirus Aid, Relief and Economic Security (CARES) Act, also referred to as the stimulus package, passed on March 27th, the US government has granted economic impact payments (referred to in the Act as Recovery Rebates) to all Americans who meet the criteria, including expats. In the days since the Act […]
04/01/2020
Bright!Tax, AARO, and Monte Silver invite you to a webinar on the Coronavirus Relief Act (CARES) and how Americans abroad can receive the monetary relief it offers. This webinar with cover the Coronavirus Stimulus Act and how Americans abroad receive monetary relief from it. It will also discuss 2019 filing and payment extensions granted by […]
04/01/2020
On Friday 27th March, the CARES (Coronavirus Aid, Relief and Economic Security) Act became law. The CARES Act is intended to provide economic assistance and stimulus to American businesses and individuals – including expats – affected by the 2020 global Coronavirus pandemic. Among the measures contained in the stimulus is the provision of a Recovery […]
03/27/2020
It’s often said that the over 9 million Americans living overseas get a rough deal with the IRS, as it places numerous US tax and reporting requirements on US citizens abroad. Today though, Congress passed the CARES (Coronavirus Aid, Relief and Economic Security) Act, which brings important and positive news for US expats around the […]
03/26/2020
The Coronavirus, or COVID-19, outbreak is currently wreaking havoc around the world, with many countries introducing a total lockdown. Governments around the world are also taking unprecedented measures to help mitigate the economic fallout. As part of these measures, the US government has announced a 90 day tax filing extension this year, so tax day […]
03/23/2020
American tax rules require all US citizens and green card holders, including expats, to file US taxes on their global income. It’s unusual for expats to have to file: most countries just require residents to file, or just tax income arising in the country. As a result, American expats often have to file two tax […]
03/19/2020
Coronavirus, or COVID-19 to give it its official name, is an infectious illness that originated in China in late 2019 and has since spread across the world, causing widespread disruption. As governments struggle to contain and mitigate for the outbreak, we look at what coronavirus means for US expats filing taxes in 2020. 1 – […]
03/16/2020
Many American expats are surprised to learn that they have to report their global income on a US tax return every year, often as well as having to file foreign taxes in their country of residence. They have to file a US return because the US taxes all of its citizens (and green card holders), […]
03/12/2020
Over nine million Americans reside abroad, a greater number than the residents of all but ten US states. Due to a quirk in America’s tax system dating back to the Civil War, American expats are still subject to US income tax filing requirements on their worldwide income. US income tax filing from abroad is different […]