Aug 6, 2018 | US expat taxes by different countries
Are you a US citizen living in Germany? It’s important to understand the US tax liabilities for Americans living abroad. While you are enjoying your expat life in Germany, don’t forget to file your US taxes! In this article we will cover the following...
Aug 1, 2018 | Personal U.S. expat taxes
U.S. international taxation has never been an easy topic. Recently, we got asked about income earned on international waters. So let’s dig in and see what it is in reality! There are two main mechanisms available to US persons to avoid being taxed in the US (in...
Jul 30, 2018 | Personal U.S. expat taxes
Updated on July 30th, 2018 Are you a US digital nomad or a self-employed American living abroad? This blog post is for you! All U.S. persons (and green card holders) are subject to U.S. tax on their worldwide income regardless of current residence: whether you live in...
Jul 23, 2018 | Credits and deductions, Personal U.S. expat taxes
U.S. expats can use the Foreign Earned Income Exclusion to reduce taxable income. And if you did you research on this topic, then you probably heard about tests to pass. American abroad has to qualify for one of the two tests. Today we explain what you need to pass...
Jul 18, 2018 | Credits and deductions, Personal U.S. expat taxes
Today we want to talk about Bona Fide Residence Test, which one shall pass to qualify for FEIE. Are you an American abroad and you earn more than $10,000 USD a year? Then you are required to file U.S. federal tax return. If this is news to you, then you probably...
Jul 13, 2018 | Credits and deductions, Personal U.S. expat taxes
Do you want to take advantage of the Foreign Earned Income Exclusion, the Foreign Housing Exclusion or the Foreign Housing Deduction? As a U.S. citizen or Green Card Holder living abroad, you still need to file annual U.S. federal tax returns. There are many different...
Jun 19, 2018 | Personal U.S. expat taxes, US expat taxes by different countries
The United States is only one of two countries to impose the tax on their citizens wherever they live. One of the implications of Prince Harry marrying Megan Markle (who is a U.S. citizen) would relate to the activities and assets of the royal family being disclosed...
Jun 8, 2018 | Personal U.S. expat taxes
An Accidental American is a citizen of a foreign country other than the U.S. who may be considered an American citizen under the U.S. nationality law. This rule leaves an opportunity to pass citizenship through a few generations without people realizing it. You do not...
Jun 1, 2018 | Credits and deductions
Are you an American living and working abroad? Or maybe you are a Green Card holder who hasn’t officially abandoned GC? If you are a U.S. person for tax purposes, you may need to file a U.S. tax return. Basically, you have to file an IRS Form 1040 for the...
May 16, 2018 | Personal U.S. expat taxes
As an American abroad, you better have a full knowledge about IRA for US expats. Do you know IRA opportunities and tax savings you can achieve? For example, depending on your foreign income you may or may not contribute to your Traditional IRA or Roth IRA as an...
