Expat Tax Return & FBAR
Starting at $800
Get StartedThe annual filing service: a federal return prepared by a US CPA or IRS Enrolled Agent who works only in expat tax, with foreign account reporting included.
IRS Streamlined Procedure
Starting at $1,860
Catch UpThe penalty-free route back into compliance for Americans abroad who did not know they were required to file.
US Tax Consultation
$280/30 minutes
Book A CallA paid consultation with a Bright!Tax CPA costs $280 for 30 minutes, by video call or email. It suits tax planning, a move being considered, or a single question that needs a definitive answer.
FBAR Reporting
FBAR, or the Foreign Bank Account Report (FinCEN Form 114), is required for individuals who have foreign accounts with balances that in total exceeded $10 thousand at any time during the tax year. No limit on the number of accounts included.
FATCA Reporting
FATCA, or the Foreign Account Tax Compliance Act (Form 8938), is required for individuals with foreign financial assets which, in aggregate, IRS thresholds. The rules vary depending on your location and/or marital status. FATCA filing is a relatively new law that the US government is enforcing vigorously. Includes up to 5 accounts per reporting year.
State Tax Returns
Some US states require US expats to file state taxes on their income as well. The rules are different in each state. Your Bright!Tax expert will give you definitive information regarding your particular circumstance.
Foreign Corporation
Foreign corporate disclosures (Form 5471) are required for all US persons who own 10% or more of a corporation overseas. Bright!Tax charges $250 for a dormant company, $680 for a non-controlled foreign corporation, and $1,350 for a controlled foreign corporation filed together with the GILTI calculation on Form 8992. Where ownership changed during the year, the fee is $1,650.
Passive Foreign Investment Company
Passive foreign investment company reporting on Form 8621 for US taxpayers with an investment in a foreign company that makes most of its money from "passive" sources rather than from running an active business. Our fee for Form 8621 where there are no distributions starts at $170 per PFIC.
Relief Procedures for Certain Former Citizens
‘Accidental’ Americans who don’t have a US social security number and who aren’t US tax compliant can face negative treatment from foreign banks. This IRS program allows them to renounce their US citizenship without facing back taxes or penalties by filing their last 5 US tax returns, FBARs, a final dual status return and Form 8854 expatriation statement.
Additional Fees
Expat tax circumstances come in a wide range of unique forms. For more information about all of the services Bright!Tax offers and their associated fees, see our complete listing of forms & fees.
*All fees are in USD. Your fee is fixed against the situation you share with us at the outset. If something comes to light later that changes the forms you need, we requote and confirm with you before any additional work — the fee is never changed after the fact.