Category: Expat Taxes
FEIE Form 2555 Benefit – A Guide for Expats
Oct 07, 2024
What is IRS Form 2555? Form 2555 is a document for expats who want to or are eligible to exclude their foreign-earned income from taxes. As you fill out the form, you declare…
Expat Tax In Luxembourg – Ultimate Info You Need To Know
Oct 03, 2024
Expat Tax In Luxembourg – Expat Living In Luxembourg Luxembourg was the second richest country in the world in 2011 according to IMF. It is a landlocked country located in Western Europe and…
What Is Form 8833? A Guide for Expats
Sep 27, 2024
What You Need to Know About The Form 8833 When a taxpayer elects to take a position that overrules or modifies any provisions of the Internal Revenue Code that results in a reduction…
Foreign Gift Tax – Ultimate Insider Info Expats Need To Know For 2024
Sep 27, 2024
About 13 percent of the current U.S. population consists of immigrants. As a result, there is an increasing demand for information about the correct handling of tax situations involving Green Card holders and…
How to Claim Tax Treaty Benefits for U.S. Expats
Sep 20, 2024
The United States has income tax treaties with a number of foreign countries. One of the tax treaty’s primary benefits is that it gives contracting country residents the security that they will not…
The Impact of Health Insurance on Your US Taxes for American Expats
Sep 13, 2024
When you think about health insurance, taxes might not be the first thing that comes to mind. However, the connection between the two is more significant than many realize. The Patient Protection and…
How to Claim the Foreign Housing Exclusion for Expats
Sep 13, 2024
The Foreign Housing Exclusion complements the Foreign Earned Income Exclusion (FEIE), with both claimed on Form 2555. Together, they can significantly reduce your U.S. tax bill. The Foreign Housing Exclusion allows eligible U.S.…
Ultimate Tax Tips For Year-End Charitable Contribution for Expats
Aug 28, 2024
Supporting charitable causes not only helps those in need but can also provide you with valuable tax benefits. Many expats aren’t aware that their charitable contributions can reduce their taxable income, making giving…
How to Determine State Income Tax Residency For U.S. Expats
Aug 22, 2024
Many overseas taxpayers have questions about their filing requirements and potential tax liability as it pertains to filing a state income tax return during periods when they are residing overseas. Most people incorrectly…
How to File U.S. Taxes as an Expat English Teacher
Aug 16, 2024
When you choose to live and teach outside the United States, you are sure to have a lot of unique experiences that aren’t available to English teachers in the U.S. However, living abroad…