Category: Expat Tax Solutions
The Ultimate Guide to Filing Your Non-Resident Tax Return
Jul 19, 2024
The American tax code is one of the most complex systems in the world. Each year, anyone who has earned income in the U.S. must determine their tax liability. This obligation extends to…
The Foreign Tax Credit: An Ultimate Guide for U.S. Expats
Jul 12, 2024
The United States taxes its citizens and residents on their worldwide income, regardless of where they live. This means that even if you’re living abroad, you might still owe U.S. taxes on income…
FBAR Filing — a Guide to Reporting Foreign Accounts for U.S. Expats
Jul 12, 2024
For U.S. expats, managing tax obligations can be particularly challenging, especially when it involves foreign financial accounts. The Foreign Bank and Financial Accounts Report (FBAR) filing, or FinCEN Form 114, is a crucial…
Passive Foreign Investment Company | Practical Info You Need To Know
Jun 15, 2024
Many portions of the U.S. tax code contain confusing and sometimes harsh rulings. The rules for passive foreign investment companies (PFIC) are incomparable in their complexity and almost draconian features. Countless times, Americans…
Ignorance: A Flimsy Excuse for Not Filing FBARS
Feb 07, 2024
Here’s one of the most frequent questions people ask me about Foreign Bank Account Reports (FBARs). ‘‘I recently learned about the need to file an FBAR for overseas accounts with over $10,000. I…
Top 10 Expat Resource Directories and the Reasons Why They Are Essential for Expatriates
Aug 03, 2023
Moving to a foreign country as an expatriate can be an exciting yet challenging experience. The challenges of adjusting to a new culture, overcoming language barriers, making new friends, and navigating bureaucratic processes…
Dentist Tax Deduction Checklist – The Best Ways to Save A Sizable Amount of Money on Taxes and Increase Your Profit
Apr 04, 2023
Dentist Tax Deduction Checklist
Revealing: The Best Money Saving Tax Deductions for Lawyers You Can Claim Now
Mar 27, 2023
Learn about the essential tax deductions for lawyers. Save money on your taxes while maintaining your legal compliance with the IRS.
Realtor Tax Deductions: Ultimate Ways That Will Make You Save More on Taxes
Mar 07, 2023
Realtors are some of the busiest professionals in the world. They juggle countless tasks, from marketing and networking to staging, listing, and closing deals. As if that’s not enough, they also have to…
A Primer on How to Open A Business for Expat Entrepreneurs
Feb 08, 2023
Seeking opportunities and experiences in other countries is one of the reasons why expats thrive elsewhere. Countries with booming economies attract expat entrepreneurs, but it can be quite a daunting task, especially if…