Our blog
Spreading the joy of information with you
IRS Form 1116: How to claim the Foreign Tax Credit (With Examples)
Form 1116 allows U.S. expats to claim a Foreign Tax Credit for income taxes paid or accrued to another country. For most expats living in...
How to Abandon Your Green Card: A Complete Guide to Form I-407
If you no longer want to keep your U.S. green card, you'll generally need to file Form I-407, Record of Abandonment of Lawful Permanent...
How Does the One Big Beautiful Bill Affect US Expats?
The One Big Beautiful Bill Act, signed into law on July 4, 2025, changes several federal tax credits, deductions, and business rules that...
Do I Need to File an FBAR?
If the total balance of your foreign financial accounts exceeded $10,000 at any time during the calendar year, you need to file an FBAR....
Relief Procedures for Certain Former Citizens: 2026 Guide
The relief procedures for certain former citizens are a special program from the Internal Revenue Service (IRS) that allows former U.S....
Can You Renounce U.S. Citizenship Without Professional Help?
Yes. There is no legal requirement to hire a CPA, attorney, or tax professional to renounce U.S. citizenship. Many Americans complete the...
US Exit Tax: The Cost of Renouncing U.S. Citizenship
For many U.S. expats considering renouncing their citizenship, the exit tax is a major concern. It's often portrayed as an unavoidable...
What If You Miss the Tax Deadline as an Expat?
For qualifying taxpayers abroad, April 15 is the date from which interest begins to accrue on unpaid federal income tax, even though the...
Are Foreign Pensions Taxable in the U.S.? Treaty Rules
Yes, foreign pensions are generally taxable in the United States and US expats must report foreign pension income on their tax returns....
Streamlined Before Renouncing U.S. Citizenship
5 min read Americans living abroad who want to renounce their U.S. citizenship often discover they first need to become tax compliant. For...
Who Is Exempt from FATCA Reporting
The Foreign Account Tax Compliance Act (FATCA) was enacted in 2010 to combat tax evasion by U.S. taxpayers through foreign accounts. FATCA...
Form 8938 vs FBAR: A Side-by-Side Comparison
When it comes to disclosing foreign financial accounts, many U.S. taxpayers—especially expats and those with global investments—face...
IRS Form 708: Gifts & Inheritances Explained
IRS Form 708 is the U.S. tax return that U.S. citizens, U.S. residents, and certain domestic trusts must file when they receive...
IRS Quietly Removes Delinquent FBAR Submission Procedures
Editor's Note (July 3, 2026): This article was published following the removal of the IRS's Delinquent FBAR Submission Procedures webpage...
