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FBARS

Report of Foreign Bank and Financial Accounts (FBAR) Did you realize that all US citizens must report all foreign bank account  activity to the IRS? FOREIGN BANK ACCOUNT(S) UNDER $10,000 …check the box on Form 1040, Schedule B. FOREIGN BANK ACCOUNT(S) OVER $10,000…check the box on Form 1040, Schedule B AND file a Foreign Bank…

Expatriate Tax Returns Expat Tax Filing

Expat Tax Filing

U.S. citizens must file taxes no matter where they are living and working. This applies to you if you are a United States citizen or a Green Card holder if your overall worldwide earnings is above the U.S. filing income. Expatriate Tax Returns understand that it is stressful to deal with two different tax systems,…

Moving Abroad Your Life May Be More Complicated Than Ever Before

Moving Abroad Your Life May Be More Complicated Than Ever Before

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…