Tax Article Blog

Tax Samaritan’s tax resources pages are the source for the information you need, from tax tips and relevant articles in our blog to tax tools, such as tracking your tax refund and to filing requirements. If you’re dealing with a new life event this year, like a new child, read on in this area to learn more about how this changes your tax situation.

Please feel free to contact your Tax Samaritan tax professional for answers to your specific tax situation.

Do I Need To File Form 8938? Determine If You Need to File The FBAR, Form 8938 or Both

- Randall Brody

Form 8938 is part of the Foreign Account Tax Compliance Act, or FATCA. It is a form that discloses accounts and assets held in other countries outside of the United States.  If you are obligated to make a report of your foreign assets and/or accounts under FATCA, you will need to file the IRS Form … Continue reading Do I Need To File Form 8938? Determine If You Need to File The FBAR, Form 8938 or Both

US Expat Tax In Costa Rica – U.S. Tax Advice For US Expatriates In Costa Rica

April 11, 2019 - Randall Brody

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 is no wonder that expats choose this country for residence. This article on US Expat Tax In Costa Rica will provide a brief … Continue reading US Expat Tax In Costa Rica – U.S. Tax Advice For US Expatriates In Costa Rica

US Expat Tax In Colombia – U.S. Tax Advice For US Expatriates In Colombia

- Randall Brody

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 of living, diverse culture and, of course, the scenery. This article on US Expat Tax in Colombia will provide a brief intro … Continue reading US Expat Tax In Colombia – U.S. Tax Advice For US Expatriates In Colombia

U.S. Expat Tax in Bermuda — Tax Advice for U.S. Expatriates in Bermuda

- Randall Brody

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 weather, flawless beaches, beautiful sunsets, and a fun culture, but in exchange for those amenities, you can expect a relatively high cost … Continue reading U.S. Expat Tax in Bermuda — Tax Advice for U.S. Expatriates in Bermuda

US Expat Tax In Panama – U.S. Tax Advice For US Expatriates In Panama

February 18, 2019 - Randall Brody

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 and incredible food. It is also a popular retirement destination for Americans. The country boasts beautiful beaches, fascinating attractions, friendly locals, an … Continue reading US Expat Tax In Panama – U.S. Tax Advice For US Expatriates In Panama

U.S. Tax Treatment Of A Foreign Pension

February 13, 2019 - Randall Brody

Many U.S. taxpayers are confused about the reporting requirements for foreign pension plans. Although the IRS has posted information on this topic, the average taxpayer may still have questions. Because the reporting requirements are complex and the associated penalties are harsh, it is important for every affected taxpayer to understand these laws. Participation In A Foreign Pension U.S. taxpayers … Continue reading U.S. Tax Treatment Of A Foreign Pension