Passover 2020
Happy Passover to our clients, family and friends who celebrate. We wish good health to you all.
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,…
Hearing from the IRS is not uncommon, especially because of the number of filing mistakes that are routinely made. If you receive a computerized communication, you are best off answering it in a timely fashion providing the requested information or call directly to the telephone number provided. If you are notified of an audit, living…
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…
It’s March and that means we’re still at the beginning of the new year, but we’re already seeing some changes to the tax laws for U.S. expats. It seems that the IRS creates new rules and regulations every year when it comes to expatriate taxes. It can be a full-time job just to keep up with all of the different…
For U.S. expatriates, understanding and navigating the complexities of tax forms is crucial. In this guide, we’ll dive into the US expat tax implications for Form 2555, a key document for those living abroad. Additionally, we’ll showcase how Expatriate Tax Returns offers expert assistance to ensure a seamless tax-filing experience. Decoding Form 2555: At the…
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…