06/15/2026
Selling a house should be the simple part. You find a buyer, agree on a price, sign approximately nine hundred documents, and wonder why everyone in real estate owns the same navy blazer. Then the tax question arrives: did you inherit the property, or was it gifted to you? That detail can change everything. Selling […]
09/21/2026
FBAR and Form 8938 are separate reporting requirements, and depending on what you own, where you live and how much your foreign accounts and assets are worth, you may need to file one, both or neither. The overlap is where people get caught out. At Bright!Tax, we regularly see expats assume that filing an FBAR […]
11/17/2025
If you still have US citizenship, your worldwide income is subject to US tax rules. No matter what country you currently call home. Still, many American expats spend years abroad without being aware of the fact, so they fail to file a tax return with the IRS. And when they learn about it, they are […]