09/07/2018
Every US citizen or green card holder is liable to pay US taxes, regardless of whether they are citizens of another country too. This is also true of foreigners born in the US, and children of US citizens born abroad, all of whom are technically US citizens (assuming that they have never officially renounced their […]
09/06/2018
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 […]
09/03/2018
All Americans have to file an annual federal tax return, even if they live abroad. This is because the US taxes based on citizenship, rather than on residence, so if you’re a US citizen (or green card holder), you have to file US taxes reporting your worldwide income regardless of where in the world you […]
08/30/2018
Expats are required to file US taxes wherever in the world they live, reporting their worldwide income. While the tax treaties that the US has with around 100 other countries don’t mitigate this requirement, when expats file they are able to claim a number of exemptions such as the Foreign Tax Credit and the […]
08/27/2018
American expats sometimes become so engrossed in the incredible experience of living abroad that they forget to fulfill their US tax filing obligations. Many expats aren’t even aware that they are required to file US taxes from abroad, reporting their worldwide income, often as well as having to file a tax return in the country […]
08/23/2018
With President Trump’s former campaign manager Paul Manafort having been found guilty this week of eight out of the eighteen charges that he faced, the acronym FBAR has been in the news again. An FBAR (Foreign Bank Account Report) is an important reporting requirement for Americans with overseas financial accounts, including millions of expats, many […]
08/20/2018
Amsterdam is one of the most popular destinations in Europe for US expats, with an estimated 30,000 Americans living there. It’s no surprise, as Amsterdam is a great place to live. Its culture, architecture, canals, and great quality of live all mean Americans expats in Amsterdam enjoy a truly enriching experience. Unfortunately for Americans […]
08/18/2018
Bright!Tax is the leading provider of US tax services for expats, having won four global EMMA Awards for excellence and innovation in 2017. Bright!Tax now offers Canadian tax filing for Americans living in Canada too, providing a one stop shop solution for US expats living in Canada. Americans living in Canada are required to file […]
08/16/2018
Americans living abroad are required to file a US federal tax return every year, reporting their worldwide income, the same as if they lived in the States. The US is the only developed country that requires expats to file this way, and it is also the only country able to police the requirement, as it […]
08/13/2018
Many expats are surprised or even shocked when they discover that they have to file US taxes from abroad. They may be paying foreign taxes where they live already, and anyway no other country (except Eritrea) requires expats to continue filing if they move abroad. While the US has tax treaties with over 100 other […]