US Tax News

The over 9 million Americans who live overseas are natural adventurers, and ambassadors for their country. While living far from the land of your birth presents challenges as well as adventures, thankfully in the age of more or less global internet coverage, there are many resources that expats can take advantage of to find information […]

The most frequent reasons that Americans move abroad are for a relationship, a career opportunity, or out of a sense of adventure. While living abroad is always an adventure, Americans moving abroad are required to continue filing US taxes. Filing from abroad is more complex than filing from the US though, as expats often have […]

The IRS has released its latest Data Book, covering the period from October 1st 2018 to September 30th 2019. The 2019 Data Book reveals some interesting information about – and for – Americans living abroad. Taxes for Expats 101 The US has been taxing all American citizens worldwide since the Civil War, however it’s only […]

Bright!Tax, The American Magazine, AARO, and Monte Silver invite you to a webinar covering last minute updates and frequently asked questions for the upcoming July 15th, 2020 US tax filing deadline. The American Magazine, first published in 1976, is the premier magazine for US expats in the UK. AARO is a leading US expat advocacy […]

Living abroad is in many ways a pleasure and a privilege, however for American expats the experience is slightly marred by having to continue filing US taxes. This is because the US taxes based on citizenship, so all US expats (who meet minimum income requirements) have to file, reporting their worldwide income, even if they […]

The IRS has announced that it will start accepting electronically filed amended tax returns this summer. Up until now, amended tax returns have had to be filed on paper by post, meaning a long processing time of 6-8 weeks under normal conditions (and probably longer in 2020, due to a reduced service during the Coronavirus […]

Thousands of Americans work as military contractors supporting US armed forces in combat zones abroad. As American citizens, American military contractors are still required to file US taxes on their global income, wherever in the world they are working. In this article we look at US tax filing rules for American military contractors working abroad. […]

American expats have to differentiate between US and foreign source income when they file their US taxes. All Americans, including Americans living abroad, have to file US taxes, due to the fact that the US taxes based on citizenship. American expats also have to report their foreign registered businesses, and financial (i.e. bank and investment) accounts and […]

All American citizens are required to file US taxes, including Americans living abroad. This is because the US taxes based on citizenship, rather than on residence. US filing and reporting requirements for expats are in fact more extensive and complex than those for Americans living in the States. This is due to several laws that have been […]

Rumors swirl regarding US expats’ US filing obligations, some of which are true, and many of which aren’t. In this article we’ll separate the facts from the fiction. So without further ado, here are the top 20 things that you need to know about US expatriate taxation. 1 – Expats have to file The American […]