Security. That’s a word we hear often these days. In the post 9/11 world in which we live, security is a priority for us. We think of the security of our nation, the security of our homes, and the security of our family. We install alarms and surveillance cameras in the name of security. On…
Sometimes it can seem like nobody up there likes you. An audit from the IRS is, for example, a seemingly random event that ends up causing you generous amounts of stress, fear, and frustration. In all likelihood, you’ve probably never even been audited before anyway – you have no idea what to expect, you just…
Mark Your Calendars…Check it Twice! The US tax laws are complex and it does not appear that things are going to get easier any time soon. Since we get so many questions regarding “what is due when”, we thought that this reference chart may be helpful to those of you who are interested in being…
The government is trillions of dollars in debt and raising taxes is never a very popular option for politicians… but going after taxes that should have been paid, but weren’t? That rarely loses Congress a vote, and so today’s expats are the new white whale of the IRS. Specifically, the U.S. Foreign Account Tax Compliance…
Meet Sarah: Original from North Carolina, moved to Madrid and is now living in Denmark. Hear her story about being an American living abroad for the holidays. Around 5 and half years ago I moved from North Carolina to Madrid, to work on a 2 year project for my company. Having studied Spanish in…
Let’s Talk About the Foreign Income Exclusion! We are often asked questions regarding the foreign income exclusion and what type of income can be excluded. As the name of the benefit applies, “earned income” is excluded…but the IRS definition may be very different from what you may assume. First, in order to qualify for…
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