Freelancers

Taxes for US Expat Entrepreneurs

Over 9 million Americans live abroad, and it shouldn’t be a surprise that a large number of them are entrepreneurs, as they are all adventurous by nature. American expats are still required to file US taxes though, wherever in the world they may live.

Tax Strategies for Expat Entrepreneurs

The US taxes all US citizens and green card holders around the world, including their businesses, so it’s important for US expat entrepreneurs to contact a US expat tax specialist and put in place the right structures and strategies to minimize their tax liability.

US Tax Implications: Getting a Job Offer Abroad

US tax job abroad

Earning a promotion is exciting – and accepting a new position overseas can be even more thrilling. Living in a new country grants you the opportunity to explore new places, soak in new cultures, and maybe even learn another language. But before you accept that job offer abroad, it’s important to weigh all of your […]

The Best Deductions and Credits for Self-Employed Expats in 2021

Best Deductions and Credits for Self-Employed Expats

Since the Civil War, the US has employed a citizen-based taxation system, which means all US citizens, including Americans living abroad, have to file US taxes every year. The requirement also applies to self-employed US expats. It therefore makes sense for self-employed expats to make the best possible use of allowable business deductions to reduce their […]

GILTI 962 Election – A Guide for Expats

GILTI 962 Election - A Guide for Expats

Americans living abroad are required to file US taxes, reporting their worldwide income. The US is one of only two countries (the other being Eritrea in Africa) that tax expats on their global income, as well as residents. American expats also have to report any foreign business interests they have, and sometimes their foreign financial […]

Expat Attorney Monte Silver Turns Sights on GILTI

Expat Attorney Monte Silver Turns Sights on GILTI

Leading US tax attorney Monte Silver has been locked in a legal action with the IRS for over a year, in defense of American expats with a small business registered abroad. All American citizens, including expats, are required to file US taxes every year, reporting their worldwide income and their offshore financial accounts and businesses. […]