Filing Your Expat Taxes?
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American Expat Taxes
AS A US CITIZEN earning more than $5,000, you should file an individual tax return reporting your worldwide income every single year. This applies to all U.S. Citizens living anywhere in the world…US or abroad. The United States is the only country that has a tax filing requirement based on citizenship. All the other countries…
Filing an Extension
Tax Day 2022 is not a done deal! If you filed an extension by April 18, you have until October 17 to file your 2021 return. If you are an expat, you get an automatic extension until June 15, which means that it’s not too late to extend to October 17. Keep in mind that extensions…
Preparing your own Tax Return
Sure I can still prepare my own tax return…Can’t I?! Many people file their own U.S. tax returns, and do it well. However, now that you are an expatriate, is it still possible? Here is a list of advantages and disadvantages to preparing your own tax return as an expat. Reasons to prepare your own…
Expats – Save Money Transferring Funds Overseas!
When it comes to making international payments, expats could be paying more than they have to especially when paying taxes in another currency. One of the big reasons for this is the fact that so many of them still use their banks. Maybe you do too – well, you’ve always stuck with your bank for…
It’s That Time of Year Again for Expats
The leaves are changing in America and falling to the ground. No matter where you currently live and work, autumn in America means it’s expat tax time. You might miss the changing colors of fall in the U.S., but you CANNOT miss your October 15 deadline as an American expatriate. Many Americans living abroad either…
What’s In a Name?
You’ve probably noticed that the majority of CPA firms out there do not have very interesting names. In fact, like law firms, they’re often just named using the last names of a few of the most senior partners. Our accounting firm doesn’t have a typical name like that and it’s because we aren’t a…
