02/04/2016
For most US expatriates living abroad, the thing furthest from our minds is US tax compliance. We are residents in a new home, with new friends and new possibilities. We’re fully absorbed in all things that are new – and it can be a formative and life changing experience. When US expats think about their […]
02/04/2016
Americans living abroad are a busy lot, to be sure. More than managing the typical day to day that folks Stateside deal with, we US expats do that and a lot more: There are new rules for living in our new host country. The culture is new. Perhaps there’s a new language to learn. In […]
02/04/2016
It’s as simple as a punchlist, really. If you are able to gather the following documents then you’re well on your way to way to getting your taxes done both easily and accurately. The list is as follows – A copy of last year’s tax return Social Security Numbers for yourself and your spouse if […]
02/04/2016
We suggest the most relevant approach to this question is to weigh the potential outcomes as a result of your situation – and usually there are two Option One – You choose to continue not filing your US taxes. This is both risky and, by US law, it is a criminal offense. The potential outcome to […]
02/04/2016
This short story is an addendum to the blogpost by Greg Dewald on “Why you’re not filing your US income taxes“: Because my income was all earned abroad, (F2555 for the insiders), I did not have to pay US taxes while living overseas. I did, of course, file and pay taxes in the Netherlands, where […]
02/04/2016
You’re an American living abroad and one of the things you must do, regardless of your personal circumstance, is to file an annual US tax return. There’s really no other reasonable option. Some, if not many, expatriates do not know they need to file an annual return. Others, for various personal reasons, may simply choose […]
02/04/2016
As desperate and unconscionable as it may seem, the United States government is doing it – they’re putting forward legislation right now – that will revoke or deny a passport to overseas American citizens who are not tax-compliant with the IRS, including filing of taxes, FBAR and FATCA. The Current US Senate Bill 1813, also […]
02/04/2016
Robert W. Wood – U.S. citizens abroad face an array of tax compliance dilemmas for themselves and their families. Americans must report their worldwide income regardless of whether they are paying local taxes where they live. They also must report their non-U.S. bank accounts on FBARs (now FinCEN Form 114) and file the FATCA Form […]
02/04/2016
(and how they’re eventually going to eat us all) Sooner or later the tax zombies (the US expat tax authorities) are going to win. They’re going to eat us all. We are all doomed and we will all be consumed by them. Most of us expatriates have been living our lives productively, forthrightly and contributing […]
02/04/2016
This article is recreated here, as featured, by our very good friends at Expat Arrivals How does the IRS go about finding you – an American expatriate – when you have not filed your US income taxes and what are the potentially debilitating results? Living abroad for most of us is the adventure of a […]