08/19/2024
At Bright!Tax, we understand that living abroad offers a golden opportunity to broaden one’s horizons, immerse in new cultures, and embrace life-changing experiences. This belief is at the heart of our Bright!Tax Global Scholar initiative, founded in 2016 to support exceptional young students pursuing academic and cultural growth overseas. Since its start nearly 10 years […]
08/14/2024
These 11 strategies can help you legally minimize your US tax liability, take advantage of foreign tax credits, and make the most of available deductions and exclusions.
08/07/2024
Healthcare is among the most important factors in determining quality of life. US expats with their hearts set on Europe, however, are in luck. The standard of care in Europe is excellent overall, with the continent home to 11 of the top 20 health systems in the world.
07/17/2024
Streamlined Procedure or Delinquent International Information Return Submission Procedures: Which is better for catching up on your taxes? Each program has its own benefits and eligibility criteria, so below, we’ve put together a high-level overview of the Streamlined Procedure and the DIIRSP. Read on to learn how these procedures can benefit you and which may be the better fit.
07/16/2024
Americans who earn above a certain threshold — even those living abroad — must file a federal tax return each year. While Americans living within the US must file their return by April 15th, US expats have a June 15 tax deadline. Fortunately, those who need extra time can request an extension. While the time […]
07/11/2024
As an H-1B holder, can you go after your entrepreneurial dreams in the US? Read on to learn how H-1B visa holders can start a business, what it takes to register one, how that will affect your taxes, and more.
07/11/2024
Learn when you’re subject to taxes in France as a US expat, how to file your US tax return, and what tax credits to claim & reduce your bill. This post has been created in collaboration with our trusted partner Géraud Nayral and his team from French Tax Online.
07/10/2024
No matter where they live, Americans who earn above a certain threshold must pay taxes they owe by April 15th and if they live abroad, file a tax return by June 15th (unless they’ve already requested an extension). But what happens if you miss the tax deadline? While it’s not an ideal situation, you don’t […]
07/03/2024
Many small business owners with a US-registered limited liability company (LLC) choose to maintain it when moving abroad. After all, an LLC offers significant liability protection, allows you to choose alternative tax treatments, and may make it easier to work with US-based clients. But at some point, motivated by tax rates in the state your […]
06/20/2024
For remote workers seeking warm weather, beautiful nature, and a low cost of living, the Thailand digital nomad visa may sound like a dream come true. While Thailand has long been a US expat hotspot, previous long-term visa options had higher fees and stricter income requirements. With the new digital nomad visa, moving to the […]