Filing NIIT Form 8960 A Guide For US Expats

Form 8960 For US Expats

US expats who receive income from investments may have to pay an additional US tax called Net Investment Income Tax, or NIIT. The amount of the NIIT is calculated on Form 8960. What is NIIT? NIIT is an additional US income tax applied to whichever is smaller of your net investment income or your Modified Adjusted […]

How to Celebrate 4th of July Abroad in 2021

How to Celebrate 4th of July Abroad in 2021

While in much of the States life has returned to normal, in many other countries it hasn’t yet, meaning celebrating the 4th of July in 2021 for Americans expats may require imagination and improvisation for a second year running. Being resourceful comes with the territory for expats though, and wherever you are there’s bound to […]

Calev Isaacson Awarded Bright!Tax Global Scholar Award

Calev Isaacson Awarded Bright!Tax Global Scholar Award

The Bright!Tax Awards Committee is proud to announce that Calev Isaacson is the latest recipient of the Global Scholar Award. The Awards Committee found Calev’s story and ambitions inspirational. He grew up in Arizona, where his father’s family had emigrated to from war-torn Europe in the 1940s. His mother’s family meanwhile were originally Mexican. Calev […]

Best Countries for Expats to Retire Overseas in 2021

Best Countries for Expats to Retire Overseas in 2021

Retirement abroad is more popular than ever, as the world has become more connected online, making managing finances and keeping in touch with family and friends from abroad easier. The desire to travel meanwhile has been amplified by the pandemic. The top considerations when considering where to retire overseas are cost of living, healthcare, quality […]

US Expat Tax 2021 Law Changes News Update

US Expat Tax 2021 Law Change News Update

2021 is set to be another year of change in US taxes, with the Coronavirus pandemic still affecting both government and citizens, and the new administration planning significant law changes. The IRS is investing in a year-long revamp of its IT systems, including Medicare and FATCA (more about FATCA later), as well. In this article, we […]

Insurance Challenges and Options for American Expats

Insurance Challenges and Options for American Expats

Adjusting to living abroad takes planning, especially when it comes to your finances and health. Healthcare and health insurance, in particular, come with their own challenges abroad. In this article, experts from International Citizens Insurance share the most common insurance challenges and solutions for American expats.  Challenges of Local healthcare abroad Healthcare in the United States ranks as one […]