10/07/2025
It’s that time of year again when we start taking stock of 2018 and looking ahead to the holiday season and next year. For many expats, it makes sense to start getting their ducks in a row now, in terms of year-end tax planning , to avoid a last minute rush in December when they […]
10/07/2025
Living and working abroad is an incredibly exciting opportunity. Because the U.S. taxes based on citizenship though, Americans living in a foreign country such as Italy have to continue filing a federal U.S. tax return from abroad, while most also often being subject to a foreign tax regime in the country where they live, too. […]
11/17/2025
If you’re about to sell (or are considering selling) a substantial amount in assets, the capital gains tax is likely top of mind. While capital gains taxes can be complex in general, Americans living abroad must take additional factors into account. Failing to weigh the tax implications before carrying out a sale can take a […]
10/07/2025
This article was last updated in February 2023. There are a variety of different reasons that Americans living abroad participate in foreign pension plans. Some qualify for them after settling abroad permanently, some are granted them as part of their compensation for work done abroad. Regardless of where they live or how they came to […]
10/07/2025
Bright!Tax has been shortlisted for the prestigious FEM EMMA Tax Provider of the Year Award for the EMEA region. The Awards ceremony takes place on Friday November 9th at the O2 Intercontinental in London, England. For the last eight years, the EMMA Awards have recognized excellence and Innovation in the field of Global Mobility […]
10/07/2025
When Americans move abroad, they are usually more focused on the adventure ahead than on getting to grips with US tax rules for expats. In fact, many assume that their foreign income is tax exempt. It’s counter-intuitive, in a way, that US expats are required to file US taxes from abroad, declaring their worldwide income. […]
10/07/2025
American expats are unfortunate in having to continue filing US taxes from abroad, often as well as filing a tax return in the country where they reside. Filing US taxes from abroad is more complex than filing from within the US though. For example, there are normally more forms to file, and there are also […]
10/07/2025
Bright!Tax, the leading US expat tax services provider, established its Global Scholar Program in 2016 to help young Americans have the opportunity to study overseas. Awarded biannually, the program has since provided four exceptional young Americans with the opportunity to study abroad. Now, Colorado resident Addison Noel has become the fifth Bright!Tax Global Scholar, and […]
10/07/2025
US citizens are required to report their worldwide income to the IRS by filing a federal tax return each year, regardless of whether they live in the US or abroad, whether they are paying foreign taxes or not, or whether they live in a country which has a tax treaty with the US or not. […]
10/07/2025
Trump’s 2016 election campaign promised tax reform, and in December 2017, after just under a year in office, he delivered on his campaign promise by signing into law the Tax Cuts and Jobs Act. The bill was written and passed quickly, and as any tax cuts had to be funded by other measures, many people’s […]