Aug 7, 2018 | Filing Your Taxes Late
This week’s question comes from a US citizen living overseas. He hasn’t filed a tax return in years! He wants to know what the maximum penalty applicable to the late filing of his tax returns would be. I will try to bring a little rainbow in the world of...
Jan 28, 2016 | Renouncing U.S. Citizenship
This week’s question is a follow-up question from James from the Netherlands – for his friend (of course). The question is: What if I just surrender U.S. citizenship without doing anything regarding my taxes? Learn more about Form 8854 and covered expatriate status....
Aug 18, 2014 | Personal U.S. expat taxes
Somebody recently asked if a 6-year-old US citizen, living abroad, who receives minimal unearned income on his bank account was required to file U.S. tax returns and standard deduction. Here is our response – feel free to ask your own question in the comment...