10/06/2025
Wells Fargo’s US expat clients have until the end of September 2021 to move their brokerage accounts to another provider or face closure. Wells Fargo isn’t the first bank to turn away expats though. In this article we look at why banks and brokerage firms are denying services to Americans living abroad, and what options […]
10/06/2025
Last updated April 24, 2023. From hip Berlin to the enchanting Black Forest to the fairytale-esque Neuschwanstein castle, there’s no shortage of amazing sights to see in Germany. Combine that with a high quality of life and a lower cost of living, and it’s easy to see why hundreds of thousands of Americans currently live […]
10/06/2025
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 […]
11/26/2025
You didn’t mean to ghost the IRS. You were living abroad, focused on life, work, maybe even figuring out the local coffee order—and didn’t realize that your foreign bank account or overseas rental income came with U.S. tax obligations. Now you’ve discovered terms like “FBAR” and “foreign financial assets,” and it feels like a tax […]
11/17/2025
Doing business in the United States as a non-citizen can be complicated, especially regarding taxes. One form that you may need to fill out is IRS Form 1040-NR, the Nonresident Alien Income Tax Return, which is used by individuals who are not US citizens or tax residents but have certain incomes or other reportable activities. […]
10/06/2025
Bright!Tax CDO, partner, and Senior Managing CPA Allyson Lindsey has been recognized for her extraordinary contribution to the accounting profession by being named a Colorado Society of CPAs (COCPA) 2021 Women to Watch Emerging Leader. The award will be presented to Mrs. Lindsey at the 2021 Women to Watch Awards, part of the 2021 Women’s […]
10/06/2025
You took the leap, set up a business abroad, and now you’re living the dream—until tax season rolls around and you hear about Form 5471. Suddenly, the IRS wants details about your foreign corporation, and missing this form could mean steep penalties. If you’re a U.S. shareholder in a foreign business, there’s a good chance you need to file. […]
11/17/2025
Wondering who exactly needs to file this form, how to do it, and why it matters? We’ll answer all of these questions and more below.
10/06/2025
The Bright!Tax Awards Committee is proud to announce that Calev Isaacson is the latest recipient of the Global Scholar Award. The Awards Committee found Calev’s story and ambitions inspirational. He grew up in Arizona, where his father’s family had emigrated to from war-torn Europe in the 1940s. His mother’s family meanwhile were originally Mexican. Calev […]
11/17/2025
Retirement abroad is more popular than ever, as the world has become more connected online, making managing finances and keeping in touch with family and friends from abroad easier. The desire to travel meanwhile has been amplified by the pandemic. The top considerations when considering where to retire overseas are cost of living, healthcare, quality […]