02/28/2024
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 […]
02/24/2025
Two of the most common additional US tax forms expats have to file are the FBAR and Form 8938 — but what is the difference between FBAR vs. 8938? While foreign assets are reported on both of these forms, they differ in terms of asset type and reporting thresholds. It’s important to understand the differences […]
02/03/2025
Whether you’re selling inherited property or selling a gifted property, it’s important to understand the tax implications of the sale. While taxation works differently from one scenario to another, both can incur significant taxes. As a result, it’s best to do some research before making any formal commitments. This is especially true for expats, who […]