Tax Rules and Compliance

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 […]

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 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 […]

The US is one of the only countries in the world that imposes citizenship-based taxation. It means that US expats, regardless of where they live or if they’re green card holders, must file a US tax return to report their worldwide income.  It might not be fun to go through all the extra paperwork on […]

No one really wants to think about taxes while on their honeymoon. If you marry a foreign national, it’s important to consider the impact on your US taxes (when the time is right) — the filing process, tax returns, and more. In this article, we’ll go over some of the most common tax questions we […]

Thinking about selling your foreign property but unsure where to start? Imagine wrapping up the sale of your home abroad with confidence, knowing you’ve navigated the tax implications and legal requirements like a pro. While the process might feel complex at first—currency conversions, tax filings, and endless paperwork—we’re break it down into straightforward steps. In […]

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 […]

US expats who live abroad make money in many different ways. Your employer in the US might offer you a position in another country or you may decide to travel and start your own business. Whether you’re freelancing or working for a traditional employer, you might also consider investing in property abroad. This could help […]

When it comes to US expat taxes, there’s a lot to handle. Expats must file various forms depending on their situation (such as the FBAR or Foreign Tax Credit) and comply with strict IRS deadlines.  Something that may go over the heads of US expats as they file their tax returns, however, is Social Security. […]

Living abroad as a US expat can open you up to new opportunities – particularly when it comes to your career. Depending on your future goals, you may even decide to go into business for yourself. If you do, it’s important to understand how forming your own foreign corporation can impact your taxes, particularly with […]