21
Dec
The House and Senate has approved a significant overhaul of the US tax code. For US expats, the three biggest components of tax reform (a.k.a. the ‘Tax Cuts and Jobs...
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General Expat Tax Information
17
Dec
US taxes for Americans living abroad can be relatively complicated. With some knowledge and planning, however, one can take advantage of the IRS tax code to their benefit. This article...
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13
Nov
US citizens and permanent residents are taxed on worldwide income, regardless of where they live in the world. Fortunately, there are two common methods that US expats utilize to eliminate...
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13
Nov
The child tax credit is a great benefit provided by the US government to American families with children under the age of 17. The credit or “tax refund” can be...
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16
Jun
Gifting involves receiving something for nothing, In certain situations, the US government requires gift tax returns in order to assess whether there are any taxes owed. Gift Tax and Estate Planning...
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15
Oct
US citizens who are residents of another country are not affected by Obamacare and its requirement to purchase health insurance coverage (starting in 2019, the requirement goes away). Also exempt...
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25
Sep
Many US expats end up renewing US passport at the US embassy in their host country. The process is generally straightforward – submitting an application form and certain documentation. Each...
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18
Jul
Many Americans hold onto US real estate while living abroad. With respect to prior homes, they may be aware of the $250,000 ($500,000 if married filing jointly) exclusion on the...
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27
Jun
Our company has many clients who Americans teaching abroad (e.g., international schools). We know that the first year overseas can be both exciting and challenging. In our opinion, taxes should not...
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31
Mar
April 15 is the due date that most Americans are familiar with for filing their tax returns. However, did you know that US expats automatically receive a 2-month extension? If filing...
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