Taxes for US Expat Entrepreneurs

Over 9 million Americans live abroad, and it shouldn’t be a surprise that a large number of them are entrepreneurs, as they are all adventurous by nature. American expats are still required to file US taxes though, wherever in the world they may live.

Tax Strategies for Expat Entrepreneurs

The US taxes all US citizens and green card holders around the world, including their businesses, so it’s important for US expat entrepreneurs to contact a US expat tax specialist and put in place the right structures and strategies to minimize their tax liability.

Treasury Eases GILTI Tax Burden for US Expat Small Business Owners

Treasury Eases GILTI Tax Burden for US Expat Small Business Owners

Breaking News: Expat small business owners were celebrating today as the Treasury announced relief for individual American owners of foreign registered corporations from the new GILTI tax introduced in the Trump Tax reform. Deep within 177 pages of Proposed Regulations released by the Treasury on March 4th 2019 dealing with the application of changes made under […]

US Expat Sues IRS Over New Transition Tax

US Expat Sues IRS Over New Transition Tax

All Americans, including expats, have been required to file US taxes, reporting their worldwide income, since the nineteenth century. It’s only over the last few years though that, due to foreign banks and governments now sharing expats’ financial data with the IRS the federal government has been able to enforce the requirement for expats to […]

New Form 1040 in 2019 – Everything Expats Need to Know

New Form 1040 in 2019 – Everything Expats Need to Know

Living abroad is the opportunity of a lifetime, however it can be slightly marred for American expats because they are required to continue filing a US tax return from overseas, reporting their worldwide income. Expats filing in 2019 however will find that form 1040 is new, for the first time in decades. Will new form 1040 […]

Do US Expat Entrepreneurs Pay Self-Employment Taxes?

Do US Expat Entrepreneurs Pay Self-Employment Taxes?

Expats are the new pioneers, forging out into the unknown on a journey of discovery and unforeseen opportunity. The desire for and ability to not just survive but thrive in new environments makes expats well suited to being entrepreneurs, explaining why millions of American expats choose to start their own business. Americans are more or […]

Expats with a Foreign Business Granted Repatriation Tax Reprieve

Expats with a Foreign Business Granted Repatriation Tax Reprieve

The Trump Tax Reform brought significant changes for many expats with a foreign registered businesses. Previously, a foreign registered corporation owned by Americans could leave its profits in the business to avoid paying US taxes on them. This led to giant corporations such as Apple having billions of untaxed profits sitting offshore though. To remedy […]