Category: Expat Tax Solutions
40 Things You Need To Know About US Expat Taxes
Apr 22, 2019
The United States tax code is incredibly lengthy and complex. However, if you live in another country and have U.S. tax obligations, understanding certain aspects of this code is essential. Below are 40…
US Expat Tax In Costa Rica – U.S. Tax Advice For US Expatriates In Costa Rica
Apr 11, 2019
Expat Living In Costa Rica Living in Costa Rica is a popular choice among people who once lived in the United States. With its excellent healthcare system, desirable food and breathtaking landscape, it…
US Expat Tax In Colombia – U.S. Tax Advice For US Expatriates In Colombia
Apr 11, 2019
Expat Living In Colombia Food, friends and festivals—that’s what you can expect as an American expat living in Colombia. Colombia is a popular South American destination for several reasons: a dramatically low cost…
U.S. Expat Tax in Bermuda — Tax Advice for U.S. Expatriates in Bermuda
Apr 11, 2019
Expat Living in Bermuda Many U.S. expats call Bermuda home, and in fact, nearly 10 to 15% of the island’s inhabitants are American citizens or expats from other countries. The island boasts great…
US Expat Tax In Panama – U.S. Tax Advice For US Expatriates In Panama
Feb 18, 2019
Expat Living In Panama Living in Panama has much to offer and has long been popular with those who live north of the border in the U.S. It provides a great intercultural experience…
What is FATCA?
Apr 04, 2018
What is FATCA ? The Foreign Account Tax Compliance Act, or FATCA, is a law that was enacted in March 2010. The purpose of this act is to prevent tax evasion involving offshore…
Everything Expats Need to Know About Working With U.S. Tax Professionals
Apr 04, 2018
If you are an expat, you are still required to comply with all of the relevant expat tax laws in the United States, which often includes filing an annual return and/or other tax…
Form 5471 Filing – Information Return of U.S. Persons With Respect to Certain Foreign Corporations
Mar 30, 2018
U.S. citizens and U.S. residents who are officers, directors or shareholders in certain foreign corporations are responsible for filing Form 5471. Form 5471 Filing Form 5471, Information Return of U.S. Persons With Respect…
Understanding FBAR Penalties
Mar 22, 2018
If you have a financial interest in a foreign financial account, it may be a requirement for you to file a Report of Foreign Bank and Financial Accounts (FBAR) with the Financial Crimes…
United States Taxpayers with Seriously Delinquent Tax Debt May Face Passport Revocation or Denial
Feb 25, 2018
Introduction Taxpayers who travel outside the United States frequently and have significant outstanding tax debts should take a special interest in the Fixing America’s Surface Transportation Act (hereinafter “the Act”). The Act may…