Most Americans and green card holders must file tax forms and in some cases pay taxes with the US Government every year. You may have to file even though you have no earned income, already pay taxes in your country of residence, are below the foreign income exclusion and/or give or receive money in the form of a gift or inheritance. It can get complicated but we're here to help!
Click the category title below to learn more about each topic, and find articles related to tax below.
Have a tax story or information about taxes to share? Email us at
Read the Tax & Banking Disclaimer.
Millions of US citizens and US resident aliens including those living outside the United States (also referred to as international taxpayers, expatriates or expats) have already received, and are continuing to receive, their Economic Impact Payments as stimulus during the COVID-19 pandemic. This stimulus package, the...
US expats are often concerned about the dreaded dual-taxation when filing US taxes. But thankfully, the US has put into place several deductions and exclusions to help reduce that possibility. So we have outlined the top 3 ways to save on your US expat taxes!
1. The Foreign Earned Income Exclusion (FEIE)
This is the most common way US expats...
On April 13, National Taxpayer Advocate Nina Olson issued recommendations fully in line with those of the AARO-FAWCO position paper in March 2015 with respect to financial account reporting and the “same country exception” that we have advocated for several years.
Specifically, Ms Olson recommends that:
· filing of FATCA Form 8938 not be required of taxpayers who have timely filed FinCEN...
We need actively to support her recommendations that seek to alleviate both the loss of access to IRS service abroad and the excessive burden of our mandatory filing of a...