Bright!Tax US Expat Tax Blog

Digital Nomad Taxes: Why 2023 Is the Year to Move Abroad

two Digital Nomads near van, laughing as they talk about filing US taxes

Digital nomad: it’s a term that’s been nearly inescapable over the past couple of years. In a post-pandemic world, remote work is increasingly the norm. More Americans than ever are embracing this adventurous lifestyle as a way to satisfy their wanderlust without giving up the stability of steady employment. Luckily for those who are intrigued […]

US Expat Taxes: Year-end Planning Checklist

hourglass and US dollars, its time to plan year-end US expat taxes

Aargh! It’s time to start thinking about taxes again.  The end of the year should be a period of celebration – popping off the champagne cork and ringing in a new year. But for US expats, the end of the year often comes with apprehension and a lot of anxiety.  While filing taxes should be […]

California State Taxes For US Expats

US expat California state taxes

Americans living abroad who previously lived in California may still be liable to pay California state income taxes. California is among the states with the most stringent income tax regimes. Similar to the Hotel California lyric, you can check out any time you like (yet when it comes to California expat taxes), it can be […]

Accidental Americans: How to Catch Up on US Expat Taxes

accidental American expat taxes

At first glance, the term “Accidental Americans” doesn’t make a whole lot of sense — after all, how do you become an American by happenstance? But the truth is, Accidental Americans are surprisingly common. One banking organization put the figure at around 110,000, which is believed to be a very conservative estimate. As American persons, […]

US Expat Tax Guide for Americans Working in Panama

US expat panama taxes

Panama is an incredible place to call home – even if you’re only there temporarily as a US expat. With bountiful produce, idyllic weather, a laid-back atmosphere, and just a quick plane ride back to the States, it’s no wonder this Central American country is in popular demand. You’ll find more than 16,000 US expats […]

Spain’s Digital Nomad Visa: What You Need to Know

Spains digital nomad visa

If you’re a US citizen or resident looking to move abroad, it’s hard to beat Spain. Beyond the great weather and relatively low cost of living, Spain has a rich culture and tons of amazing destinations to explore. Up until now, however, it has been pretty challenging for digital nomads to get a long-term visa […]

What Is a US Person for Tax Purposes?

US person for tax purposes

The IRS requires all US persons to file taxes…  But how might one define a US person for tax purposes? It might seem like a pretty straightforward question, but the answer can be surprisingly complex.  Read on to learn what a US person is, what their tax obligations are, and more. Are you a US […]

Foreign Tax Credit: Form 1116 Instructions

Foreign Tax Credit Form 1116 instructions

If you’re a US expat working and living abroad, you need to know about the Foreign Tax Credit for a couple of reasons. Firstly, tax credits are more valuable than tax deductions. Credits offset the amount of tax you owe dollar for dollar. Deductions, on the other hand, reduce your taxable income. Secondly, the US […]

How to Move Your US Retirement Account Overseas

US retirement account overseas l

If you’re an expat, chances are you’ve toyed with the idea of moving your retirement account overseas with you. But how do you do it, and what does it mean for your taxes and reporting requirements?  The financial implication of moving your US retirement account overseas will depend on, among other things, the type of […]