Living abroad can be exciting. It’s an opportunity to experience new cultures and expand your horizons. While you’re putting down roots in another country, don’t forget that you still have legal responsibilities to the United States. As a citizen, you are still required to file your taxes. Who Has to File U.S. Taxes? If you…
Relocating can enable you to get a great job, make more money and have a totally interesting change to your lifestyle. Moving offshore creates other issues that need to be considered like: Dealing with foreign currency and exchange rates Language barriers Benefit packages such as health insurance, tuition, housing, transportation Tax rules, rates and regulations…
Tax Day, April 15th has passed. The bad news is if you owe taxes to the U.S. government, payment is overdue to the IRS. As an expat, you are given an automatic two-month extension to June 15th for filing but all monies owed were due on April 15th. Hopefully, you are among the majority of…
Adults across the U.S. will recognize April 15th as Tax Day. This is when individual income tax returns are due. There is some flexibility for expatriates. The Internal Revenue Service website states that if you are “a U.S. citizen or resident alien residing overseas or are in the military on duty outside the U.S.” that…
Realizing that you made a mistake on your expat tax return can be a heart-stopping experience. Don’t worry. The issue can be corrected. What Do I Do When I Notice a Mistake? The best thing to do when you notice a mistake on your tax return is to deal with it. Common errors include forgetting…
Wishing Americans everywhere, a very Happy Easter!
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