Category: Expat Taxes
US Expatriates – Taxation And Other Considerations For Overseas Jobs
Nov 02, 2013
Working overseas is rich with many opportunities – exploring new cultures, learning a new language and more. While financial aspects may be boring to most, understanding the tax environment for US expatriates is…
Year-End Tax Planning for Expats – Basic Tax Planning Strategies
Oct 19, 2013
Year-End Tax Planning – The Basics With the end of the year it is time to think about year-end tax planning. Tax planning for the end of the year generally focuses on two…
Deduction Estimate (When Can It Be Used)–Cohan Rule for Expats
Oct 17, 2013
The general rule, when dealing with the IRS, is that taxpayers must be able to substantiate all deductions. The burden of proof falls on the taxpayer. Under certain circumstances, a court may waive…
Gambling Expenses Deductible For Professional Gamblers
Oct 04, 2013
Professional gamblers are now able to deduct gambling expenses incurred as part of their job Prior to a January 2011 ruling by the U.S. Tax Court, gambling expenses related to a gambling trip…
Home Office Deduction – US Taxes for Expats
Sep 03, 2013
Home Office Deduction You’ve decided to start a small business working out of your home. Life is great and you can’t beat the commute. Now, how will this affect your income taxes? Do…
Late Tax Filer Relief For Non-Filers – What Expats Need To Know
Aug 30, 2013
Relief for the Late Tax Filer Has it been awhile since you filed a tax return? Feeling guilty? Scared? Sleepless nights? Don’t know what to do? Do you even need to file?Many people…
Same Sex Marriages Recognized For Federal Tax Purposes
Aug 29, 2013
Same Sex Marriages Are Recognized For Federal Tax Purposes The IRS today rules that same-sex couples, legally married in jurisdictions that recognize same sex marriages will be treated as married for federal tax…
Worldwide Income – Why the US taxes citizens on worldwide income regardless of where they live?
Aug 22, 2013
Taxation of Worldwide Income The U.S. is the only country that has taxation of worldwide income for all of its citizens, no matter where they live and regardless of how long they have…