Tax Rules and Compliance

US Expat Taxes: Year-end Planning Checklist

hourglass and US dollars, its time to plan year-end US expat taxes

Aargh! It’s time to start thinking about taxes again.  The end of the year should be a period of celebration – popping off the champagne cork and ringing in a new year. But for US expats, the end of the year often comes with apprehension and a lot of anxiety.  While filing taxes should be […]

California State Taxes For US Expats

California isn’t all sun, surf, and sand. Unfortunately, the Golden State is also home to the highest state tax rates in the US. On top of that, the state of California’s Franchise Tax Board (FTB) is known as one of the biggest sticklers among state tax bodies. As a result, some former California residents are […]

Green Cards: Your Guide to Taxes, Application Process & More

Green cards

It’s not always easy to get detailed information about green cards. The US Citizenship & Immigration Services (USCIS) website can be technical and dense, which may leave you even more confused. As a dedicated tax firm for US immigrants and Americans abroad, we’re well familiar with green cards — so we’ve put together a brief, easy-to-understand guide.

Tax on Unearned Income: an Overview for US Expats

Tax on unearned income

When most people think about income taxes, they think about the taxes that are automatically withheld from their paycheck — or, if they’re self-employed, the quarterly tax estimates they pay to the government based on their expected earnings. While that does make up one component of income taxes, it’s not the only one. It’s important […]

The Top 8 Things You Need To Know About FATCA

FATCA

Enacted in 2010 by Congress to ensure U.S. taxpayers don’t hide money in foreign accounts to avoid paying taxes, the Foreign Account Tax Compliance Act (FATCA) is regrettably still a cause of confusion and misunderstanding. In this article, we reveal eight crucial things you need to know about FATCA. Let’s dive in. 1. FATCA is […]

How to Become an Expat: Tips to Plan and Prepare

How to become a US expat

More and more Americans feel the pull to explore life in another country. According to research by the University of Kent, over 33% of Americans aspire to move overseas in the future. As remote work has become more mainstream, many Americans enjoy many opportunities to travel abroad and explore new cultures simultaneously.  As exciting as […]

Dual Citizenship Taxes: A Guide for US Expats

dual citizens taxes US expats

Dual citizenship comes with many perks, like unrestricted permission to live and work in a particular country. It also often lets you benefit from that country’s social programs, vote, and pass citizenship onto your children. The not-so-great part? Dual citizenship taxes can be complex. Those with dual citizenship between the United States and another country […]