1. Standard Tax Return Preparation
Federal Tax Return
Our flat fee of $325 covers most client situations.
State Tax Return
We will advise whether you need to file a state return. For new expats, we regularly guide them through the process of transitioning to non-resident status (i.e., stop having to file state tax returns).
Partnership Return
For expats with US real estate holdings under a partnership structure,
we can assist with their Form 1065 filing needs.
FBAR (foreign financial account report)
Required when you have ownership interest or signature authority in one or more overseas financial accounts, and the combined value of all the financial accounts was greater than $10,000 during any point in the tax year.
2. Catch-up Filings (Behind on Tax Returns)
We have extensive experience helping expats catch-up with their
US tax filings.
For most expats who are behind, the best option is a program called IRS Streamlined Procedures. Candidates file tax returns for the past 3 years and FBARs for the past 6 years (only as applicable).
A certification form is also required.
There are two great benefits to this program:
(1) penalties are usually waived; and (2) tax returns prior to the 3 years are forgiven, regardless of how many years the person has not filed.
If you are considering the IRS Streamlined Procedures, there is no better choice than Hola Expat. We offer the best combination of expertise and price.
3. Americans with Businesses Abroad
Many US expats operate businesses abroad, and often establish entities (e.g., foreign corporations) that provide limited liability protection.
Operating a business through a foreign corporation has distinct advantages from a US tax standpoint. However, the downside is the detailed reporting requirement – Form 5471 (Information Return of U.S. Persons with Respect to Certain Foreign Corporations).
At Hola Expat, we assist numerous clients with their foreign business reporting. We also provide guidance on business entity structuring and long-term tax planning. Most expat tax accountants do not have the expertise. With us, you’re in good hands.
4. Non-Profit Reporting (Form 990)
Our Form 990 preparation services are optimal for small and mid-sized organizations that have their main operations outside the US.
We typically work with non-profits that have annual gross revenues under $500K.
To download our Tax Guide for Non-Profits Operating Abroad
How We Work
Meet Your Accountant
Your accountant will contact you to discuss your personal tax situation.
Send Tax Documents
You upload tax documents to a shared folder.
Tax Prep Underway
Tax return is prepared accurately (and in a tax optimized manner).
Draft Completed
Tax return is ready for review. Payment request is sent.