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What is the Advance Child Tax Credit? 

advance child tax credit

The COVID-19 pandemic hit many families hard financially, with countless businesses closing and people losing their jobs during lockdowns.  On top of that, according to USDA data, raising a middle-class child from birth to 17 years old (after adjusting for inflation) costs around $286,000. That’s up from $233,610 back in 2015.  Given these challenging times, […]

The 7 Top Reasons to Become a US Expat

top reasons to become a US expat

There’s never been a better time to become a US expat. In the wake of the COVID-19 pandemic, more companies than ever are willing to hire remote workers and/or allow their current employees to work remotely. But moving to another country means so much more than having a new address — it’s a truly life-changing […]

The Child Tax Credit Guide for US Expat Parents

US parents kiss their child while spending time outside together.

Due to the increased availability of work-from-anywhere jobs, more and more Americans are choosing to live and work abroad. Given the many benefits of raising children abroad, such as a lower cost of living, great schools and public services, and foreign language and cultural immersion, it’s no surprise that many of these folks are parents. […]

How to Celebrate Thanksgiving Abroad

How to Celebrate Thanksgiving Abroad

Thanksgiving is a time when expats naturally think about their family and friends back in the States. No other country celebrates on the same day in the same way, so there might be an inclination for expats to hide away with a turkey sandwich. There are however lots of other things you can do to make Thanksgiving just […]

Bitcoin and Cryptocurrency Tax Reporting for American Expats Guide

Bitcoin and Cryptocurrency Tax Reporting for Americans Expats Guide

Many expats were early adopters of cryptocurrencies such as Bitcoin, and as all American citizens, including expats, have to file a US tax return every year, how to report Cryptos is a pertinent question for many Americans living abroad. In 2021 in particular, cryptos have frequently featured in the news due to dramatic value changes. With many […]

How to Celebrate 4th of July Abroad in 2021

How to Celebrate 4th of July Abroad in 2021

While in much of the States life has returned to normal, in many other countries it hasn’t yet, meaning celebrating the 4th of July in 2021 for Americans expats may require imagination and improvisation for a second year running. Being resourceful comes with the territory for expats though, and wherever you are there’s bound to […]

Self-Employment Tax Deductions and Credits for US Expats

US small business owner sits at a table in a kitchen claiming her self employment tax deductions.

When you embark on the adventure of living abroad, you open yourself up to exciting experiences, diverse cultures, and tantalizing cuisines. However, if you’ve decided to pursue a side gig or fully embrace self-employment during your overseas journey, navigating your tax obligations becomes a bit more intricate. As a self-employed expat, understanding your income, tax […]