Best Places to Live for Expats
According to Expat Insider survey results for 2019, below are the top 3 best places for expats to live.
1.Taiwan
2.Vietnam
3.Portugal
Do you agree?
It’s March and that means we’re still at the beginning of the new year, but we’re already seeing some changes to the tax laws for U.S. expats. This is nothing new; it happens each year. Expatriate tax laws change often and it can be a full-time job just to keep up with them. These expat…
IRS Reduces Filing Requirements for American Expats The kinder, friendlier IRS has temporarily reduced their statute of limitations for tax return filing for American expats from 6 years to 3 years as long as you are a “low risk” taxpayer who owes $0 to $1,500 of tax to the US government. That’s right file 2009,…
Many Americans think because they live abroad they don’t have to file or owe US taxes, especially if they are paying taxes in their host country. This is far from the truth. Many expats end up falling behind on their taxes with fees and penalties accruing causing stress and anxiety. At Expatriate Tax Returns we…
Those two words that no one likes to hear: Summer’s Ending. Hopefully, you’ve enjoyed a wonderful summer and found some time to relax a bit and enjoy the beautiful weather. No matter where in the world you live, summer is a favorite season for barbecues, sports, swimming, boating and family fun. It’s never easy to…
Earlier this year, Congress approved the Child Tax Credit (CTC) to assist millions of families who have been financially affected by the pandemic. As of September 15th, those who qualify for the CTC can expect to receive their September payment. Those who have requested paper checks should allow for a few more days, although some…
As an expatriate enjoying the summer season, owning a vacation property can be a rewarding investment. Renting out your vacation home during the summer months can generate additional income. However, it’s important to understand the tax implications and reporting requirements associated with summer rental income as an expatriate. Deductible Expenses: Expatriates can potentially offset their…