04/01/2020
Bright!Tax, AARO, and Monte Silver invite you to a webinar on the Coronavirus Relief Act (CARES) and how Americans abroad can receive the monetary relief it offers. This webinar with cover the Coronavirus Stimulus Act and how Americans abroad receive monetary relief from it. It will also discuss 2019 filing and payment extensions granted by […]
04/01/2020
On Friday 27th March, the CARES (Coronavirus Aid, Relief and Economic Security) Act became law. The CARES Act is intended to provide economic assistance and stimulus to American businesses and individuals – including expats – affected by the 2020 global Coronavirus pandemic. Among the measures contained in the stimulus is the provision of a Recovery […]
03/27/2020
It’s often said that the over 9 million Americans living overseas get a rough deal with the IRS, as it places numerous US tax and reporting requirements on US citizens abroad. Today though, Congress passed the CARES (Coronavirus Aid, Relief and Economic Security) Act, which brings important and positive news for US expats around the […]
03/26/2020
The Coronavirus, or COVID-19, outbreak is currently wreaking havoc around the world, with many countries introducing a total lockdown. Governments around the world are also taking unprecedented measures to help mitigate the economic fallout. As part of these measures, the US government has announced a 90 day tax filing extension this year, so tax day […]
03/19/2020
Coronavirus, or COVID-19 to give it its official name, is an infectious illness that originated in China in late 2019 and has since spread across the world, causing widespread disruption. As governments struggle to contain and mitigate for the outbreak, we look at what coronavirus means for US expats filing taxes in 2020. 1 – […]
11/28/2019
An estimated 700,000 British expats live in the US, and the majority have relocated to further their careers. When Brits move to the US for work, they often already have a work permit or Green Card. This places them within the US tax system. The US tax system has significant differences to, and is generally […]
11/25/2019
The Bright!Tax team wishes all US expats around the world a very Happy 2019 Thanksgiving! Thanksgiving abroad as an expat can be an unusual experience, celebrating in a place where few other people celebrate and often without access to the traditional ingredients. As expats though, we have a lot to be thankful for. Being an […]
11/11/2019
Charles Schwab, the US brokerage firm, has written to its European based clients, including many US expats, to tell them that it’s shutting down its UK operations. According to American Expat Finance, Charles Schwab clients in the UK and the rest of Europe are being informed that they have until the end of the year […]
10/15/2019
Many UK citizens (as well as citizens of other countries) live or work in the US at some point, and they often acquire Legal Permanent Resident status, also known as a Green Card. When returning to the UK (or another country) though, the question arises about whether they should retain their US green card or […]
09/12/2019
Bright!Tax is proud to support ACA’s residency-based taxation campaign that aims to alleviate the current requirement for Americans living abroad to pay US taxes on their worldwide income. Every day, the team at Bright!Tax talks to expats around the world and hears first hand how their lives are affected by the US tax system. ACA […]