Bright!Tax US Expat Tax Blog

IRS Form 8965: How to Claim a Health Coverage Exemption

Mature woman working on her laptop at home, reviewing healthcare coverage exemptions that may require Form 8965.

Not long ago, going without health insurance didn’t just mean taking a risk—it also meant paying the IRS. Under the Affordable Care Act (ACA), taxpayers without full-year coverage faced the “shared responsibility payment,” unless they qualified for an exemption. That’s where Form 8965 came in. Filing the form allowed taxpayers to claim a health coverage […]

Who Are Accidental Americans—and Why Do They Owe U.S. Taxes?

Unexpected news and complex rules—this surprised woman reflects the reality for many accidental Americans.

It’s the world’s most surprising membership: “accidental Americans.” These are people who hold U.S. citizenship—sometimes without even realizing it—and suddenly find themselves caught up in a global game of tax tag. Maybe you were born during a family layover in New York, or you inherited American citizenship from a parent, even though you’ve spent your […]

How Germany’s Corporate Tax Rate Affects Expats Doing Business

Berlin’s skyline at golden hour, representing the business hub where companies are affected by the Germany corporate tax rate.

Setting up a business in Germany looks straightforward—until you peek under the hood. There isn’t one “corporate tax rate,” there’s a stack: a national piece, a small add-on, and a local charge that shifts by city. For expats choosing between a GmbH and going solo, those layers matter. Pick the right postcode and structure, you […]

IRS Form 8621: Reporting PFICs and Foreign Investments as a U.S. Taxpayer

expat filing form 8621

If you’re investing internationally, you might not realize that some foreign assets come with extra IRS reporting requirements. Enter Form 8621—the form U.S. taxpayers must file when they own Passive Foreign Investment Companies (PFICs). PFICs can include foreign mutual funds, ETFs, and even certain foreign corporations. The IRS keeps a close watch on these investments, and failing […]

What Americans Living in Italy Need to Know in 2026

Sunset over Positano on the Amalfi Coast, capturing the romantic lifestyle enjoyed by many Americans living in Italy.

Ask any American who’s settled in Italy what brought them here and you’ll hear the same themes: slower days, long mornings at the café, Mediterranean rhythms, the art, the food, and a sense that life runs on a different clock here. Most Americans living in Italy fall into a few camps: remote workers escaping high-cost […]