Tax Planning & Advice

Renouncing US Citizenship: A Guide for US Taxpayers Abroad 

Renouncing US Citizenship

It’s common for many Americans living overseas and grappling with annual US tax returns to consider renouncing US citizenship. While factors like taxation often play a significant role in the choice to renounce, many expats also find themselves caught between the obligation to file taxes and the lack of knowledge to navigate the system effectively.  […]

How to Prepare to File Your US Taxes as an Expat

Getting ready to file US taxes from abroad

If you’re like many American expats, filing your US tax return from abroad may seem like a daunting task, however it doesn’t have to be that way.  When filing from abroad, being prepared and understanding which documents to gather is important to ensure a smooth, stress-free filing process. Once you reach out to an expat […]

What is Citizenship-Based Taxation?

US citizen looks out over a lake.

If you’re an American living abroad, you may have already heard of the concept of “citizenship-based taxation.” If you haven’t, though, you’re not alone.  Many US expats only find out about this unique tax system after they move overseas. It’s a concept all US citizens should familiarize themselves with, however, as it has major tax […]

US Taxes for Expats in 2022 – A 12 Step Guide to Success

US Taxes for Expats - A Complete Guide - Everything You Need To Know

Many Americans living abroad in 2022 are unaware or confused about their US tax filing obligations. The US tax system is unusual, as it taxes based on citizenship. Almost every other country either taxes based on residence (so only people living in that country have to file taxes there), or taxes based on income arising […]

Do Expats Pay State Taxes? What to Know When Living Abroad

US expat couple on a road trip back home in the United States

Do expats pay state taxes? If this question isn’t top of mind when planning an international move, it’s understandable. There are a lot of other (frankly more exciting) things to think about.  Amidst all the excitement, though, it’s important to keep practical details (such as your tax obligations) in mind. The US operates on a unique […]

IRS Taxes For US Citizens Living Abroad – A Guide

IRS Taxes For US Citizens Living Abroad

US citizens are required to file US taxes if they’re living abroad, despite often having to file foreign income taxes as well. International tax treaties don’t prevent US citizens resident overseas from having to file US taxes, however they do stipulate how to avoid double taxation, most often by claiming tax credits when you file. […]

The IRS Standard Deduction in 2022 for Expats

The IRS Standard Deduction in 2021 for Expats

The IRS Standard Deduction allows Americans to deduct a fixed amount of their income from US tax when they file their federal return. The Standard Deduction lets Americans avoid the hassle of itemizing their actual deductions when they file. The amount of the Standard Deduction was very low before the 2017 Tax Cuts and Jobs […]

Tax Calendar for US Expats Filing in 2022

2022 Expat Tax Calendar

We’ve created a tax calendar for Americans filing from overseas this year. Americans living abroad are required to file US taxes, as US law states that all American citizens and Green Card holders have to report their worldwide income every year on Form 1040. Most other countries only tax residents. When you file your US […]

The 2022 IRS Tax Filing Season Starts on Monday January 24

Tax Filing starts January 24 2022 expats

Americans living abroad – 2022 IRS tax filing opens this year on Monday January 24. Overseas Americans have to file US taxes on their worldwide income just like Americans living in the States. This is because, unlike most countries, the U.S. taxes based on citizenship, regardless of where you live in the world. Filing as […]

What Are the 2022 Tax Deadlines and Extensions for US Expats?

Tax deadlines and extensions for expats in 2022

ue to the US having a citizenship-based tax system, the ten million Americans living abroad are subject to US tax reporting rules on their overseas income, accounts, businesses and assets. The US has tax treaties in place with around 60 other countries, but they don’t prevent Americans living abroad from having to file and pay […]