09/03/2020
Millions of Americans living abroad aren’t aware that all American citizens are required to file US taxes, reporting their global income, wherever in the world they live. The requirement for Americans living abroad to file is an anomaly that dates back to the Civil War, when the federal government was desperate for revenue at a […]
09/03/2020
All Americans (including green card holders) are required to file a federal tax return each year, reporting their worldwide income, irrespective of where in the world they live. This requirement is almost unique to America (most countries tax based on whether you live or have income or assets in the country), and as it’s perhaps […]
09/03/2020
Millions of U.S. expats are dismayed when they discover that they are required to file U.S. taxes from abroad, reporting their worldwide income. Many expats quite reasonably assume that once they live abroad, they no longer have to file U.S. taxes, or perhaps that they are protected by a tax treaty, or some may have […]
02/04/2021
US citizens are required to report their worldwide income to the IRS by filing a federal tax return each year, regardless of whether they live in the US or abroad, whether they are paying foreign taxes or not, or whether they live in a country which has a tax treaty with the US or not. […]
07/20/2020
American expats are still required to file a US federal tax return to the IRS. As expats also have to comply with the tax rules in the country where they live, it’s counterintuitive but nonetheless important that they file US taxes too. Taxing US citizens abroad, or Citizenship (rather than Residence) Based Taxation, dates […]
09/03/2020
Living abroad is an incredible adventure that inevitably broadens our horizons and minds, thanks to the perspective we gain from living in a foreign country and experiencing a new culture. American expats still have to file US taxes however, as well as comply with the tax rules in their host country. This is because […]
06/01/2022
There are lots of scare stories going around about the possible consequences for not filing US taxes as an expat. You may have heard for example about US passports being revoked, sizable FBAR penalties, and banks closing expats’ accounts because of FATCA. So if you’re an expat who’s behind with their US tax filing, you […]
03/15/2021
All Americans who earn over around $12,400 (in 2020, or just $400 of self-employment income, or just $5 for Americans married filing separately from a foreigner) are required to file a US federal tax return each year, no matter where in the world they live or where their income was sourced. This means that the […]
09/03/2020
The IRS re-introduced the Streamlined Procedure amnesty program in 2014 to help the millions of Americans living abroad who weren’t currently up to date with their US tax filing catch up without facing penalties. All US expats are required to file a federal tax return each year declaring their worldwide income, regardless of where in […]