Jul 23, 2023 | Personal U.S. expat taxes
What is Form 8833? Form 8833, “Treaty-Based Return Position Disclosure Under Section 6114 or 7701(b),” is a document that individual taxpayers use to disclose their treaty-based position to the IRS providing a reasonable explanation. This form is required if a...
Jul 8, 2023 | Personal U.S. expat taxes
As trusted experts in tax compliance for US expats, we are here to provide you with accurate and detailed information to navigate the complexities of filing Form 3520. In this article, we will cover everything you need to know about this form, including its purpose,...
May 3, 2023 | Personal U.S. expat taxes
I often encounter US expats who express concern about the potential exit tax they may face upon renouncing their US citizenship. However, the reality is that most expats will never pay this tax. In this comprehensive article, I’ll explain the intricacies of the...
Apr 28, 2023 | Personal U.S. expat taxes
Moving overseas can be both exciting and challenging, particularly when it comes to understanding state tax obligations as a US expat. This article will clarify what you need to know about state and federal taxes and what to do to avoid them. Do Expats Need to File...
Apr 10, 2023 | Business U.S. Expat Taxes
For US expats who own businesses in foreign countries and need to file Form 5471, the recent Farhy v. Commissioner decision by the US Tax Court may be of interest. On April 3, 2023, the U.S. Tax Court made a decision in Farhy v. Commissioner regarding penalties for...