07/20/2020
Americans living abroad are subject to the same tax filing requirements as Americans living stateside. The requirement for expats to file an annual federal return declaring their worldwide income dates back to the Civil War, however it’s only since 2010 when the Foreign Account tax Compliance Act (FATCA) was passed that the IRS has been […]
09/05/2020
President Trump’s campaign promise of tax reform was eventually signed into law as the Tax Jobs and Cuts Act on December 22nd 2017. Some of the changes the Act contains have been well publicized, such as the so called Apple Tax, and lower tax rates. For many, the changes mean planning ahead and making changes […]
09/05/2020
Year-end tax planning this year is slightly different this year due to the proposed changes to the tax system. Despite this uncertainty, however, there are still plenty of things that expats can do before the holidays to make their lives easier in 2018, and possibly save them money too. Assemble your 2017 records The first […]
10/03/2023
Tax season is upon us, and if you’re a US expat living abroad, you might be feeling the pressure to file your US tax return on time. But what if you need more time to gather your financial documents or navigate the complexities of international tax laws? The good news is, as a US expat, […]
02/04/2025
Living abroad is the adventure of a lifetime, however American expats are still required to file a US tax return reporting their worldwide income, as well as complying with the tax rules in their country of residence. Furthermore, there are extra US tax filing requirements that only apply to expats, such as filing an FBAR, […]
07/21/2020
Inpats, or inpatriates, are foreigners who have been transferred to work in the United States. So in a sense, inpats are also (from the perspective of their country of origin) expats. As individuals working in the States, inpats normally become subject to the US taxation system. This is probably the first time they’ll encounter the […]
07/21/2020
Many Americans own property in the US when they move abroad, and so are faced with the question of whether to sell or rent it. How to answer this question often depends on whether they are moving abroad temporarily or permanently: if they are moving overseas temporarily, if may make more sense to rent it, […]
09/05/2020
What is an ITIN? ITIN is an acronym for ‘Individual Taxpayer Identification Number’. An ITIN is a 9 digit number that always begins with a 9 that is issued by the IRS that allows individuals who are not eligible for or who don’t have a social security number to file a US tax return. Before […]
08/10/2020
Expats are America’s global front-line ambassadors. Everyday, their actions and attitudes help shape others’ perceptions of the US and Americans. They are also the 21st century pioneers, forging opportunities and lives away from our shores and in the wider world. However far from the US they venture though, they remain in the strange situation of […]
07/21/2020
Living abroad is an incredible experience, however for Americans at least the expat experience can be a little bit tainted by still having to file US taxes from overseas. Because the US taxes based on citizenship rather than on residence, American expats are still required to file US taxes and declare their worldwide income wherever […]