Category: Expat Taxes
Online Tax Preparation – Should I Self-Prepare My Return?
Aug 06, 2024
Online tax preparation has become increasingly popular among taxpayers who prefer the convenience and cost-effectiveness of filing their returns themselves. The appeal of using online tax software lies in its user-friendly interface, step-by-step…
The Most Common Expat Tax Deductions
Aug 06, 2024
Paying more taxes than you should is no one’s favorite. Whether you’re a typical taxpayer or an expat, learn how tax deductions can benefit you in this article.
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…
Foreign Earned Income Exclusion – All Your Questions Answered by Expat Tax Experts
Jul 15, 2024
Living and working abroad as a U.S. citizen or resident alien means your worldwide income is subject to U.S. taxation. This can lead to double taxation, as your foreign country may also tax…
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…
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…
How To File a Tax Extension with Form 4868 – A Guide for Expats
May 02, 2024
If you’re having trouble meeting the tax filing deadline, you can fill out Form 4868 to ask for an extension. This form lets you push back your federal income tax return deadline until…
5 Simple Steps to Fix Rejected Tax Returns for Expats
Apr 29, 2024
You spent days, perhaps even months, wrestling with receipts, forms, and numbers to prepare your tax return. After countless hours of hard work, you finally completed it. You breathed a sigh of relief…
7 Smart Tax-Saving Strategies for High-Income Earner Expats
Apr 04, 2024
Earning a high income has advantages, but it can also put you in a higher tax bracket. This means the government takes more of the money you worked hard for. Thus, it is…
Will the IRS take my refund for my student loan in 2024?
Mar 19, 2024
It’s tax season again, and many ask, “Will the IRS take my refund for my student loan in 2024?” Tax refunds can be a source of financial relief for many people. Some use…