Practical Info You Need To Know
Benjamin Franklin said it best “but in this world nothing can be certain, except death and taxes”. One of the most important decisions you can make regarding your income taxes is whether to get your tax preparation done with the help of an expat tax services firm, such as Tax Samaritan, or go it alone using tax preparation software or preparing by hand (yuck!).
While many taxpayers feel that they can prepare their taxes on their own each tax year, it is a good idea to think about utilizing the resources of an expat tax services firm. In fact, if you ever wondered whether you could take a specific deduction or credit you don’t know about or if you could be paying less or getting a larger refund, or even if you simply wonder if you are preparing your taxes correctly, you should consider experienced professional tax preparation to provide expat tax services.
Tax Samaritan Expat Tax Services
As an overseas resident, there are many opportunities for tax savings but also many expat tax risks. Of late, American expats living abroad have been hit especially hard upon coming to the realization that they were required to file tax returns even when there was no tax liability. If you are a U.S. citizen or resident alien, the rules for filing an expatriate tax return and paying estimated taxes are generally the same whether you are in the United States or abroad. Your worldwide income is subject to U.S. income tax, regardless of where you reside the U.S. imposes an expatriate tax return filing requirement.
Tax Samaritan Expat Tax Services has the experience and knowledge of the tax code to guide you through the complex expatriate tax preparation process to obtain the optimum tax benefit for you. We offer a simple and straightforward process for expat tax services to help you save time and money.
Our expat tax services include assistance in the following areas and more:
- Expatriation Tax
- Foreign Earned Income Exclusion
- Foreign Tax Credit
- Form 5471
- Form 8621 – Passive Foreign Investment Company (PFIC) Return
- Streamlined Filing Compliance Procedures
- Totalization Agreements
- Unfiled Tax Returns
Our goal at Tax Samaritan is to provide the best counsel, advocacy and personal service for our clients. We are not only tax preparation and representation experts, but strive to become valued business partners. Tax Samaritan is committed to understanding our client’s unique needs; every tax situation is different and requires a personal approach in providing realistic and effective solutions.
Click the button below to request an Expat Tax Services Quote today to get started with the preparation of your expat tax return.
Tax Samaritan is a team of Enrolled Agents with over 25 years of experience focusing on US tax preparation, expat tax services and representation. We maintain this tax blog where all articles are written by Enrolled Agents. Our main objective is to educate US taxpayers on their tax responsibilities and the selection of a tax professional. Our articles are also designed to help taxpayers looking to self prepare, providing specific tips and pitfalls to avoid.
When looking for an expat tax services professional, choose carefully. We recommend that you hire a credentialed tax professional such as Tax Samaritan that is an Enrolled Agent (America’s Tax Experts). If you are a US taxpayer overseas, we further recommend that you seek a professional who is experienced in expat tax services, like Tax Samaritan (most tax professionals have limited to no experience with the unique tax issues of expat tax returns).
Randall Brody is an enrolled agent, licensed by the US Department of the Treasury to represent taxpayers before the IRS for audits, collections and appeals. To attain the enrolled agent designation, candidates must demonstrate expertise in taxation, fulfill continuing education credits and adhere to a stringent code of ethics.
Every effort has been taken to provide the most accurate and honest analysis of the tax information provided in this blog. Please use your discretion before making any decisions based on the information provided. This blog is not intended to be a substitute for seeking professional tax advice based on your individual needs.