US Expats in France in Line for IRS Windfall

US Expats in France in Line for IRS Windfall

Many Americans living in France are in line for a IRS tax windfall after an US court ruled last week that expats could claim US tax credits against a French income tax that they previously weren’t allowed to. All Americans are required to file US taxes on their worldwide income, wherever in the world they […]

IRS Estimated Tax Payments for US Expats

IRS Estimated Tax Payments for US Expats

Americans living abroad are required to file US taxes, reporting their worldwide income. America is the only developed country that requires expats to file. Expats often also have to report their foreign bank accounts, investments, and businesses. For many years, the IRS couldn’t enforce these requirements, and many expats chose to ignore them, however over […]

PFICs and US Tax for Expats

PFICs and US Tax for Expats

Americans living abroad are required to file US taxes, reporting their worldwide income. This is because (unlike most countries) the US taxes based on citizenship, meaning that where in the world you happen to be living doesn’t matter. Unfortunately, tax treaties don’t protect American expats from double taxation (i.e. from filing both US taxes and […]

5 Reasons Why Expats Should File US Taxes Now!

5 Reasons Why Expats Should File US Taxes Now!

Americans move abroad for a variety of reasons, perhaps for work, to be with someone, or due to a sense of adventure, however hardly any of them are thinking much about filing US taxes when they move. The US requires all Americans to file though, reporting their worldwide income, even if they live abroad. It’s […]

Virtual Mailbox Services for Americans Living Abroad

Virtual Mailbox Services for Americans Living Abroad

The number of Americans living abroad, including expats and Digital Nomads, now totals over nine million. Many of them still receive mail in the US from time to time (or regularly) though, and a Virtual Mailbox Service provides a way for expats to see their US postal mail more or less instantly. The way Virtual […]

Do Astronauts Have to File US Taxes from Space?

Do Astronauts Have to File US Taxes from Space?

What do astronauts and American expats have in common? American expats and astronauts both need the ability, courage and conviction to not just venture out into the unknown, but to succeed and thrive there. Unfortunately, they also share an inability to escape the requirement to file US taxes. The US taxes based on citizenship, meaning […]

Superannuation for Americans in Australia – A US Tax Guide for Expats

Superannuation for Americans in Australia – A US Tax Guide for Expats

All Americans, including expats, are required to file US taxes, reporting their worldwide income. Expats may also have to report their foreign business interests, assets, and bank and investment accounts, including most foreign pension accounts. To avoid double taxation, rather than relying on the international tax treaties the US has signed, expats must claim one […]

IRS Continues Trend of Auditing More Expats in 2018

IRS Continues Trend of Auditing More Expats in 2018

The new 2018 IRS Tax Book has confirmed that the IRS continued the trend of auditing a much higher proportion of international tax returns then domestic ones in 2018. While a total of 0.6% of all individual federal income tax returns were audited during the year, the figure for international returns is nearly six times the […]

Taxes for Expats – The US – France Tax Treaty

Taxes for Expats – The US – France Tax Treaty

The US-France income tax treaty was signed in 1994, with protocols added in 2004 and 2009. The treaty defines in which situations people will pay tax to which country, including people who are residents of both, as well as defining in which situations international structures such as investment vehicles, corporations, and trusts will be taxed […]