Happy Mother’s Day
You’ve taught me strength, grace, and the power of unconditional love. Happy Mother’s Day!
For expatriates and cross-border workers, managing tax obligations can be particularly challenging, especially when dealing with dual tax residency. Being considered a tax resident in two countries simultaneously can lead to confusion and potentially double taxation. Understanding how to navigate dual tax residency is essential for financial peace of mind. What Is Dual Tax Residency?…
The IRS is implementing tools to reduce the possibility of identity theft. Over the next year, users will begin using ID.me to access digital tools including any online accounts and the Child Tax Credit Update Portal. The IRS is focusing on security improvements over the next year to ensure that “taxpayer information is provided only to…
So many things in our lives these days have become “Do It Yourself” — better known by the initials “DIY”. Entire television shows are dedicated to showing how your average person can do the tasks that once had to be hired out. Whether it’s building a deck on your house, changing the engine oil in…
Expatriate artists and performers lead unique and vibrant lives, traveling the world to showcase their talents and creative abilities. However, amidst the excitement of international performances and collaborations, tax complexities can arise. For these creative professionals, understanding and managing their tax obligations becomes essential. Learn about the tax challenges faced by expatriate artists and performers,…
A Look at Penalties for Not Filing your Expat Tax Returns The number one question that runs through the “expat mind” at tax time is: what happens if I don’t file my US taxes? Would the IRS even notice? What are the consequences if I get caught? We are here to tell you what to…