10/05/2025
As a digitally savvy expat, you likely have some experience with money service providers and payment systems like Wise, PayPal, and others. And it’s all fun and games until it’s time to file your FBAR (Report of Foreign Bank and Financial Accounts), the annual disclosure of your foreign financial accounts held outside the US. Generating […]
11/17/2025
It’s one of the most common questions among soon-to-be US expats: If I’m moving abroad, should I sell or rent my house? Selling your house outright can take a load off your mind, but renting it out allows for a stream of steady rental income. Ultimately, the best option for you depends on your situation: […]
11/17/2025
If you still have US citizenship, your worldwide income is subject to US tax rules. No matter what country you currently call home. Still, many American expats spend years abroad without being aware of the fact, so they fail to file a tax return with the IRS. And when they learn about it, they are […]
10/05/2025
If you’re a US citizen or permanent resident who has moved abroad, you might think that you’re off the hook for state taxes — but if you most recently lived in Virginia, you may very well still be subject to an annual Virginia tax obligation. It may not seem fair, but Virginia is one of […]
11/17/2025
“What are marginal tax rates?” This query introduces a fundamental yet often misunderstood element of global tax systems. Marginal tax rates, require a nuanced understanding to fully appreciate their impact on individual fiscal responsibilities. In the following article, we will define marginal tax rates, introduce strategies to potentially reduce your marginal tax rate, and offer […]
11/17/2025
Although maintaining a US address may not be a priority when moving overseas, understanding how to do so is beneficial. Despite varying circumstances, having a US mailbox while living abroad can often prevent future logistical issues. But what exactly are the benefits of maintaining a US mailing address, and how can you do so? We’ll […]
11/17/2025
Moving abroad is an exciting adventure, but certain details, like determining and possibly changing your state residency for tax purposes, can be less exhilarating. Even if aspects like these aren’t terribly exciting, though, they are important. Your state residency can have major tax implications, so it’s worth taking the time to read up on […]
03/13/2026
It’s not uncommon for US citizenship to pose difficulties for US citizens living abroad, particularly when they’ve lived abroad long term. While US citizenship grants certain privileges, such as the right to vote in federal elections and a US passport, it also carries with it certain burdensome obligations. Among the most pressing concerns for Americans […]
11/17/2025
Whether you’re selling inherited property or selling a gifted property, it’s important to understand the tax implications of the sale. While taxation works differently from one scenario to another, both can incur significant taxes. As a result, it’s best to do some research before making any formal commitments. This is especially true for expats, who […]
10/05/2025
As an American expat, balancing your adventurous life with the practicalities of tax season is crucial. As 2025 unfolds, Bright!Tax is here to simplify the US tax process for you. This guide is your essential companion for the 2024 tax season, packed with all the key dates and insights to navigate your tax responsibilities with […]