10/06/2025
The Bright!Tax Awards Committee is pleased to announce that Olivia Cunningham is the latest recipient of the prestigious Global Scholar Award for Americans studying abroad. Olivia originally hails from Boston, however since undertaking a study abroad opportunity in her senior year of high school, she has been embracing life abroad. She completed her undergraduate degree […]
10/06/2025
This article was contributed by David Tompkins at Expat Financial. David is an expert in sourcing global health insurance plans for multinationals and individual expats around the globe. Most Americans realize the importance of buying medical insurance in the United States, but what about health insurance when you move abroad? It is unlikely that your […]
10/06/2025
It’s an unusual year in multiple ways, and this is also true when it comes to 2020 year-end tax planning. Both the Coronavirus pandemic and the presidential election will affect year-end tax planning for some expats this year. While the pandemic has affected the Foreign Earned Income Exclusion rules, tax changes next year due to […]
10/06/2025
It has been estimated that there are several thousand Americans living in Bangladesh. Living in Bangladesh is an wonderful experience for a number of reasons, including the friendly locals, the exotic culture, and the quality of life. As an American expatriate living in Bangladesh though, what exactly do you need to know regarding filing US expat (and Bangladeshi) taxes? […]
10/06/2025
Americans living abroad are required to file a US tax return every year, reporting all of their global income. No other developed nation requires expats to file in this way. American expats often have to file a foreign return too, and understand how the two different tax systems converge. Furthermore, expats are subject to additional […]
10/06/2025
The US tax system is based on citizenship, which means that American citizens living abroad are required to file US taxes every year, reporting their worldwide income. As American expats often have to file foreign taxes too (depending on the rules in the country where they live), they get longer to file, with expats’ tax […]
10/06/2025
The US requires all American Citizens to file US taxes, reporting their global income, wherever in the world they live or receive income. Because many American expats have to file foreign taxes in another country too, the IRS has introduced some provisions that expats can claim when they file to avoid double taxation. The two […]
11/17/2025
When most people think about income taxes, they think of the taxes automatically withheld from their paycheck — or, if they’re self-employed, the quarterly tax estimates they pay. But, what about taxes on unearned income? Unearned income — also known as passive income — refers to the income you don’t actively work for. This can […]
11/17/2025
You may already know that Americans who own rental property in the United States can claim depreciation to reduce their tax liability. What you may not realize, though, is that US expats can also claim depreciation on rental property based abroad. While foreign rental property depreciation has some unique nuances, we’re here to walk you […]
11/17/2025
If you’re wondering how to amend a tax return, don’t worry — you’re far from alone. Filing US taxes from abroad can be complex. It’s not uncommon for US expats to make errors, only to realize it after they’ve already submitted their return. Fortunately, that’s what an amended US individual income return (Form 1040-X) is […]