11/12/2018
Of the more than nine million Americans who live overseas, many of them only discovered that they are required to file U.S. taxes from abroad, reporting their worldwide income, after they had moved. Millions of U.S. expats must also pay income tax in the country where they live, so the question arises of how to […]
08/13/2018
Many expats are surprised or even shocked when they discover that they have to file US taxes from abroad. They may be paying foreign taxes where they live already, and anyway no other country (except Eritrea) requires expats to continue filing if they move abroad. While the US has tax treaties with over 100 other […]
05/10/2018
Americans living abroad are required to continue filing US taxes just as if they were still living in the States, reporting their worldwide income. In fact, filing US taxes is often more complex for American expats than for Americans living in the States, as they often have extra reporting requirements under FATCA or FBAR, while […]
08/30/2016
The US is the only developed country in the world that taxes foreign-sourced income of non-residents. This means that US citizens (including so-called ‘Accidental Americans‘) who meet certain minimum income thresholds still have to file a US federal income tax return to declare their worldwide income if they live or earn abroad. Many Americans living abroad will […]
02/08/2016
US citizens and green card holders living abroad are required to report their worldwide income to the IRS. They may also have to pay foreign income tax in their country of residence. Paying the full rate of tax on the same income to two different countries is called double taxation. The Foreign Tax Credit is […]