02/22/2017
It has been estimated that there are 60,000 Americans living in Hong Kong. Living in Hong Kong is an amazing experience for a variety of reasons, including the culture, the sophistication, the quality of life, and the mountains and beaches just a stone’s throw from the city. As an American expatriate living in Hong Kong […]
02/16/2017
The UK is one of the top destinations for Americans living abroad. With a common language, an interesting history and culture, and booming financial, tech and creative industries, there’s a lot for Americans to love about living in the UK. With the US dollar currently strong, it’s a good time to move to the UK, […]
02/09/2017
Bright!Tax is proud to announce the launch of our new mobile app. You can do banking, pay bills, and hold a video conference on your cellphone, so why not file your US expat taxes from your phone too? The Bright!Tax mobile app has been designed and developed from the ground up to enhance our clients’ […]
02/02/2017
Choosing a US expat tax preparer is a decision that can potentially cost or save you thousands of dollars. All Americans living abroad who earn over around $10,000 (or just $400 of self-employment income) are required to file a US federal tax return, regardless of where in the world they live or in which country […]
01/30/2017
US expatriates, the new American pioneers, choose to live abroad for lots of reasons: for work, to study, for humanitarian reasons; for romance, adventure, or a better climate or quality of life perhaps; or in response to an innate desire to explore the wider world. Americans expatriates who earn over around $10,000 (or just $400 […]
01/26/2017
The US is unique among developed nations in the way it taxes based on citizenship, rather than on residence. This means that all US citizens (and green card holders) are required to file a US tax return if their worldwide income meets the minimum thresholds, wherever in the world they live. They may also […]
01/23/2017
The US uses a citizenship-based taxation schema, which requires expats to file US taxes, reporting even foreign-earned income, as long as they’re US citizens. Fortunately, there are many exclusions and exemptions available to reduce US tax owed, often to $0. However, filing does become more complicated when foreign financial assets are involved, as these also […]
01/19/2017
Living abroad can be the adventure of a lifetime. Whether you’ve moved abroad for work, romance, adventure, or for a better retirement, the upsides are numerous, often including a better climate, exploring a new culture, learning a new language perhaps, and a better quality of life. The US is unique among developed nations in having […]
01/16/2017
Bright!Tax has partnered with Godiva Tax Services to offer a one stop shop US/Australian tax filing solution for US Expats living in Australia. Please contact us for further information. Americans living in Australia, or thinking about moving to Australia, have plenty of reasons to be happy: it’s a land of beautiful landscapes, interesting wildlife, and […]
01/12/2017
All Americans who earn over around $12,400 (in 2020, or just $400 of self-employment income, or just $5 for Americans married filing separately from a foreigner) are required to file a US federal tax return each year, no matter where in the world they live or where their income was sourced. This means that the […]