Happy New Year 2022
Our team at Expatriate Tax Returns would like to wish everyone a Happy New Year 2022!
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Good News for American Citizens Living Abroad
Adults across the U.S. will recognize April 15th as Tax Day. This is when individual income tax returns are due. There is some flexibility for expatriates. The Internal Revenue Service website states that if you are “a U.S. citizen or resident alien residing overseas or are in the military on duty outside the U.S.” that…
Generosity Extended: The IRS Mileage Rate
The IRS is looking out for American taxpayers. For the remainder of 2022, the optional standard mileage rate has been increased by the IRS. For the rest of the year, taxpayers can receive reimbursement for using their automobiles for business travel and other similar purposes. Once mileage is calculated, drivers can determine what they’ll receive…
How to File Your 1040
Filing a 1040 tax return can be a daunting task, especially if you are doing it for the first time. However, with the right information and resources, the process can be straightforward. Here are some steps to follow when filing a 1040 tax return: Gather all necessary documents: You will need to gather all relevant…
