Similar Posts

COVID-19 Stimulus Money
If your income was less than $75,000 in 2019, you may qualify for the $1,200 stimulus form the IRS and another $500 per dependent. You must have an SSN and be a U.S. tax payer. All current and previous tax filings need to be up-to-date to receive the stimulus check. If you need help catching…

What to Do If You Receive an IRS Audit Notice as a US Expat
Receiving an IRS audit notice can be stressful, especially for US expats managing taxes across multiple countries. However, understanding the audit process and knowing how to respond can help protect your finances and minimize penalties. Why Would an Expat Be Audited? Expats are often audited due to unreported foreign income, missing FBAR (Foreign Bank Account…
Stressed and Confused
Anxiety is not a fun emotion to have. But let’s admit it, we’ve all been there. Think back to taking that difficult exam in college or waiting for medical test results to come back from the lab. Maybe you felt stressed at work before giving a presentation. Or maybe your anxiety came about from being…
Is Uncle Sam Looking For You?
Getting behind on US taxes seems to be a trend for expats, probably because they don’t really think about it while living overseas. The rule is: US citizens, no matter where they live, must file a US tax return which reports their worldwide income …that’s US and foreign income, no matter what the source! Wages,…

Understanding the Tax Fairness for Americans Abroad Act of 2018
The Tax Fairness for Americans Abroad Act of 2018 (H.R. 7358) was introduced last December. This legislation applies to anyone with a non-resident citizen status. Ending citizenship-based taxation would require rewriting almost all the current tax code. Instead, steps are being taken to help address issues for expats who live overseas. What Does the Tax…