Category: Expatriate Tax Preparation
Does Your Credit Score Affect Your Taxes? 5 Important Things You Need to Know
Jun 13, 2022
This article will explain the relationship between your taxes and credit score, including how the former may impact the latter – or vice-versa.
Form 8938 and Form 8621: Revealing 4 Key Differences You Need to Know to Avoid Mistakes in Filing
Apr 19, 2022
Filing taxes as an American living abroad can be confusing and challenging. Knowing the correct forms to use and how to fill them out correctly is as crucial as learning how to file…
The Difference Between Taxable Income vs. Nontaxable Income: Valuable Information You Need To Know Now
Mar 24, 2022
Not all kinds of income are taxable; the IRS considers some as tax-free. Find out their differences and the types of income they cover in this article.
7 Answers to FAQs About IRS Form 8938 — Valuable Info You Need To know
Jan 03, 2022
The IRS Form 8938 is one of the most important forms you must complete as an expat. If you're unsure what IRS Form 8938 is or how to file it, don't worry; this…
8 Important Tax Preparation Tips You Need to Know as a Foreign Entrepreneur
Jan 03, 2022
Preparing business tax returns is different for a foreign entrepreneur. To effectively run your business abroad, here are some tips to help you out.
Best Online Expat Tax Professional Firms You Need To Know For 2024
Nov 23, 2021
The Need For An Expat Tax Professional – How To Find The Best Expat Tax Professional Firms for 2024 If you live overseas, the chances are that you will need a U.S. ex-pat…
The Truth About Panama Papers Shell Company I What You Need To Know
Nov 23, 2021
Wonder About A Shell Company In light of the recent scandals, you might be wondering yourself if your name came up on the list of “Offshore Billionaires evading taxes”. Truth is, few of…
This Is What Social Security And Medicare Taxes For Expats
Nov 23, 2021
Generally Social Security and Medicare Taxes For Services Performed Overseas Don’t Apply In general, U.S. social security and Medicare taxes do not apply to wages for services you perform as an employee outside…
FBAR Deadline – Know How To Avoid Harsh Penalties
Nov 19, 2021
There a number of unique and different due dates that apply to U.S. overseas taxpayers, but some are extremely critical to avoiding harsh penalties if missed. Avoid Disastrous Results – Don’t Miss The…
Know The Most Important Basic Rules Of Canadian RESP
Nov 15, 2021
RESP Account And Tax Deferral It is quite common that U.S. citizens living in Canada hold a Registered Education Savings Plan (RESP) on behalf of their children. A RESP account allows money deposited…