Are you a US expat looking to save big on your taxes? The Foreign Earned Income Exclusion (FEIE) could be your ticket to significant tax savings! Discover how you...
Are you a US expat struggling with unreported foreign income and accounts? The IRS offers a lifeline through the Streamlined Foreign Offshore Procedures (SFOP), but are you eligible? Understanding...
Did you know that failing to accurately report your foreign financial accounts can lead to severe penalties from the IRS? If you’ve discovered an error in your Foreign Bank...
Are you a US resident living abroad and struggling to understand how your overseas financial accounts impact your tax obligations? You’re not alone! Understanding the Foreign Account Tax Compliance...
How Currency Exchange Rates Can Make or Break Your Tax Bill Living abroad offers many exciting opportunities, but dealing with taxes is not one of them. For U.S. expats,...
The Hidden Pitfalls of Foreign Income Reporting Every U.S. Expat Must Avoid Living abroad can be an exciting adventure, but when it comes to taxes, many U.S. expats find...
Introduction The introduction of Global Intangible Low-Taxed Income (GILTI) under the Tax Cuts and Jobs Act of 2017 has marked a significant shift in how the U.S. government taxes...
Are You a U.S. Shareholder of a Foreign Corporation? It’s time to turn your attention to Schedule R. This form is your key to reporting distributions from foreign corporations,...
Demystifying IRS Form 5471: A Lifeline for US Expats In an era where boundaries blur and distances shrink, American expats find themselves navigating the murky waters of tax compliance...
Demystifying IRS Form 5471 Schedule B for US Expatriates Navigating the intricacies of US tax obligations doesn’t have to feel like decoding an ancient script. For American expatriates, business...