Category: Expatriate Tax Preparation
Does Your Credit Score Affect Your Taxes? 5 Important Things You Need to Know
Jun 13, 2022
This article will explain the relationship between your taxes and credit score, including how the former may impact the latter – or vice-versa.
5 Foreign Income Types You Can and Cannot Claim on Form 2555 to Determine Your FEIE
Apr 26, 2022
In Form 2555 or Foreign Earned Income form, you can and cannot claim foreign income types to determine your foreign earned income exclusion. Learn more about Form 2555 and the different foreign income…
Form 8938 and Form 8621: Revealing 4 Key Differences You Need to Know to Avoid Mistakes in Filing
Apr 19, 2022
Filing taxes as an American living abroad can be confusing and challenging. Knowing the correct forms to use and how to fill them out correctly is as crucial as learning how to file…
How to Avoid Double Taxation With Foreign Earned Income Exclusion — Requirements That Make You Eligible Here
Apr 18, 2022
Expats’ income is prone to double taxation with the current U.S. tax system. Knowing your eligibility for foreign earned income exclusion can help avoid this.
The Difference Between Taxable Income vs. Nontaxable Income: Valuable Information You Need To Know Now
Mar 24, 2022
Not all kinds of income are taxable; the IRS considers some as tax-free. Find out their differences and the types of income they cover in this article.
7 Answers to FAQs About IRS Form 8938
Jan 03, 2022
The IRS Form 8938 is one of the most important forms you must complete as an expat. If you're unsure what IRS Form 8938 is or how to file it, don't worry; this…
8 Important Tax Preparation Tips You Need to Know as a Foreign Entrepreneur
Jan 03, 2022
Preparing business tax returns is different for a foreign entrepreneur. To effectively run your business abroad, here are some tips to help you out.
Best Online Expat Tax Professional Firms You Need To Know For 2023
Nov 23, 2021
The Need For An Expat Tax Professional – How To Find The Best Expat Tax Professional Firms for 2023 If you live overseas, the chances are that you will need a U.S. ex-pat…
The Truth About Panama Papers Shell Company I What You Need To Know
Nov 23, 2021
Wonder About A Shell Company In light of the recent scandals, you might be wondering yourself if your name came up on the list of “Offshore Billionaires evading taxes”. Truth is, few of…
Foreign Account Tax Compliance – You See What Interesting Facts Here
Nov 23, 2021
The Skinny On The Foreign Account Tax Compliance Act (FATCA) How Is It Impacting You? It’s what Swiss bank executives yelled out when they received fines for aiding American citizens in hiding assets…