Nov 29, 2021 | Personal U.S. expat taxes
Let’s talk about the security of your tax-related financial documents while living abroad. It will be very helpful for you if you are wondering how long you should keep your tax returns, or how to store tax returns securely, or how to send documents securely...
Nov 16, 2021 | Personal U.S. expat taxes
The US is one of the few countries in the world that applies its tax laws to citizens overseas. If you’re a US national, you have the same tax filing requirements whether you live in the US or abroad. Moving abroad does not exempt a U.S. citizen from having to file a...
Nov 3, 2021 | Personal U.S. expat taxes
It’s crucial for nonresident aliens to understand U.S. tax obligations, which come along with “U.S.-sourced income”: investments or employment in the U.S, and when they have an obligation to file Form 1040NR. As many nonresidents aren’t familiar with the...
Oct 13, 2021 | Personal U.S. expat taxes
There was a time when Americans went abroad to work, study, marry or retire – they paid little attention to expat tax documents or how to keep those tax documents organized. It’s very different today. Growing numbers of Americans who live overseas are finding that...
Sep 13, 2021 | Personal U.S. expat taxes
Here is a complete guide to US filing requirements for expats regarding dividend taxes. It will provide you with everything you need to know whether you prepare your US expat tax return yourself or hire a tax preparer in case you need professional help. Many Americans...
Sep 6, 2021 | FBAR and FATCA, Personal U.S. expat taxes
Most US expats need to file an FBAR (Foreign Bank Account Report) annually. The FBAR filing obligation is triggered when you have a financial interest in or signature authority over financial foreign assets with a value of $10,000 or more at any point during the year....
Aug 30, 2021 | Personal U.S. expat taxes
We look at the reasons to read “US Taxes for Worldly Americans” and discuss other great expat tax resources for Americans moving abroad. Packing all your things and moving across the world is a once-in-a-lifetime adventure many people dream of. As much as...
Jul 14, 2021 | FBAR and FATCA, Personal U.S. expat taxes
How would you feel if you found your bank account frozen? After all the sweat and the sacrifice, you make after hours of working and putting together all your resources only for the IRS (Internal Revenue Service) to freeze them. Can the IRS freeze your foreign bank...
Jul 1, 2021 | Personal U.S. expat taxes
Taxes can be a confusing subject especially if you are a US expat. Unlike all the other countries (with exception of Eritrea), the United States taxes its citizens on their worldwide income regardless of where they reside. Here are the most important things you should...
Jun 6, 2021 | Personal U.S. expat taxes, US expat taxes by different countries
The IRS has specific requirements when dealing with tax returns for both individuals and businesses and among them are the individual taxpayer identification numbers (TINs). The Individual Taxpayer Identification Numbers are issued either by the Social Security...
