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.

The IRS, US Expat Taxes, and Bitcoin – What You Need to Know

expat taxes bitcoin

Bitcoin (along with other crypto and virtual currencies) has been in the news over the last few weeks, thanks to its soaring value. Many expats were early adopters and investers in Bitcoin, recognizing its international nature and its convenience for cross-boarder payment transaction. With the recent media attention though, many expats are now seeking a […]

FBAR Reporting for US Expats with a Foreign Business

expat fbar foreign business

FBARs (Foreign Bank Account Reports) have been a filing requirement for Americans with financial accounts overseas that meet the criteria since the Bank Secrecy Act of 1970. It has only been enforced for the last few years however, since the 2010 Foreign Account tax Compliance Act (FATCA) obliged foreign financial institutions to pass details about […]

US Expat Tax Filing for American Freelancers Living Abroad

american freelancers filing taxes from abroad

Millions of Americans living abroad are working as freelancers. Some work mainly for one or more American firms, others freelance for foreign firms or provide services directly to small firms or individuals. Many are settled permanently in one foreign country, others are intending to return to the US after a few years, or they may […]

Social Security and US Expat Taxes – What You Need To Know

social security taxes for expats

All Americans are required to file and pay US taxes, declaring their worldwide income, wherever in the world they live. The US is the only major country that requires its citizens to file a tax return even if they are expatriates. Thankfully, there are several exemptions that US expats can claim that reduce or eliminate […]

Small Business Tax Reporting From Abroad for US Expats

expats reporting small business taxes

US expats are the new American pioneers, traveling to and living in every corner of the world. If considered as a single community, they would be the eleventh largest state by population. Many Americans living abroad start a small businesses. For some it’s a business with physical premises such as an office, shop of cafe, […]

US Expat Tax Filing for American Entrepreneurs Living Abroad

expat entrepreneur filing us taxes

All American citizens and green card holders are required to file a US tax return if they earn over around $10,000 (or just $400 of self-employment income), wherever in the world they live or earn. Expats are also subject to extra reporting requirements too: depending on their situation, they may have to report their foreign […]

Top Tax tips for US Expat Small Businesses

expat filing small business taxes

1 – Choose the right company structure The first decision American expat small business owners need to make when setting up their small business is what company structure to employ. This will depend on the nature of the business, and also whether you have settled abroad permanently in one country or not. If you have […]

What About US Expat Self Employment Taxes?

US Expat Self Employment Taxes

Self-employment tax is an amount of money that you need to pay the government if you are self-employed, like owning your own business or doing freelance work. You are required to pay this tax if your net profits from self-employment add up to at least $400. It applies to all self-employed US citizens or residents, […]