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1040Abroad offers now Social Support Compliance Program

Contact me to take advantage of this offer by clicking on the logo below: Tax preparation fees are constantly increasing and the complexity of the International US tax law stops many from filing their tax returns. With the introduction of FATCA, Americans now are hunted down by their banks and are reported to the IRS. […]

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Self-employment tax for U.S. citizens abroad (Infographic)

Americans who work for themselves must pay their own version of Social Security called ” the Self-Employment Tax”. This tax applies no matter where in the world the work was performed. We have put together few facts in infographic below to show what this tax is about and which circumstances allow you to avoid paying […]

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How to legally save money on income tax

As we know, the rules for filing income, estate, and gift tax returns and paying estimated tax for US citizens or resident aliens are generally the same whether you are in the United States or abroad. Your worldwide income is subject to U.S. income tax, regardless of where you reside. But there are legal paths […]

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What has IRS prepared for us this tax season?

As the new tax season has started, the IRS published new provisions for 2017, tax rates, tax rate schedules and tax tables with adjustments to the annual inflation. So, what’s new? Tax brackets. The tax rates will remain the same, but the thresholds for each rate will increase. Here are the new tax brackets. Rate […]

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When a green card holder is no longer a US tax payer (permanent resident)? This might surprise you!

A common mistake of people who are lawful permanent residents of the United States (commonly known as Green Card holders) is to think that the tax law and immigration benefits go hand-in-hand. Unfortunately, this is not necessarily true, as the Tax Court demonstrated in 2014 in the case Gerd Topsnik c. Commissioner, 143 TC No. […]

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Filing Obligations for Foreigners Living in the United States

Are you a “US person”? The Internal Revenue Code would apply to you the same way it applies to US citizens if you are a “US person”– and we’re looking at IRC 7701(a)(30)(A) in particular for what a “resident of the United States” is. You would be a US person if you meet either the […]

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Should US citizens get a “Consular Report of Birth Abroad of a Citizen of the United States for their child born abroad?

I recently read an article making the case of not registering the birth of your child with the US consulate. It is echoed in the following post on the Issac Brock Society website. What happens if you don’t register your child? If both parents of a baby born abroad are U.S. citizens, or one parent is […]

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Nomad Capitalist interview

Interested in reading about my experience, advices and tips for digital nomad lifestyle? Check out my interview for Nomad Capitalist.

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Map: Dual citizenship policies around the world

  Hi, I saw this interesting article at http://www.movehub.com/blog/dual-citizenship-around-the-world-map – please go there for a full version of this article Dual citizenship policies around the world We originally researched which countries has strict yes/no policies regarding dual citizenship, but like most other things in the world, it turned out to be more complicated than that. We broke […]

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Unfairness to the self-employed accidental American

As a quick follow-up to yesterday’s post, the greatest unfairness again occurs to the accidental American who realizes after the fact his/her status of a US citizen self-employed in a country without a Social Security totalization agreement with the US. In order to relinquish US citizenship without becoming a covered expatriate, he/she would have to […]

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