Expat Tax Information

All American citizens and green card holders who earn over $12,000 (or just $400 of self-employment income are required to file a US tax return every year, reporting their worldwide income, wherever in the world they live.

Tax Filing for US Expats

Bright!Tax is the recognized leader in US tax preparation for Americans living abroad. We take the hassle out of staying compliant, while you enjoy the incredible adventure of being an expat.

What’s in Biden’s Proposed 2022 Budget for Expats?

What’s in Biden’s Proposed 2022 Budget for Expats

On Friday May 28, the White House sent its fiscal year 2022 budget request to Congress. The headlines are calling it a $6 trillion budget, however the eye-watering $6 trillion figure covers proposed spending for the next decade, rather than just for 2022. Furthermore, the budget contains the two domestic proposals that have already been announced […]

Does the US Tax Foreign Mutual Funds?

Does the US Tax Foreign Mutual Funds

A mutual fund is a financial vehicle that allows a group of investors to pool their money to invest in stocks, bonds, and other funds. The advantage of investing in a mutual fund is that by pooling you obtain the benefits of larger investors, such as diversifying your investments and paying lower fees for expert […]

May 17 Tax Filing Deadline – What Expats Need To Know

May 17 Tax Filing Deadline for Expats

Tax Day was moved this year for all Americans, due to the impact the pandemic has had on both the IRS and taxpayers. The IRS in particular has been unusually overwhelmed this year, due to distributing stimulus checks, the fact that many IRS staff are still working remotely, and due to having to enact changes created […]

Tax Return Filing For US Citizens Living Abroad

Tax Return Filing For US Citizens Living Abroad

Over nine million US citizens are living abroad, including US military and diplomatic staff. According to US law, all of them who meet minimum IRS income requirements have to file a US tax return every year, reporting their worldwide income. Neither international tax treaties, nor where their income is sourced, nor whether US citizens living […]