WARNING: The IRS is Cracking Down on Expats – Are You Prepared for the New Crypto Tax Regulations?

WARNING: The IRS is Cracking Down on Expats – Are You Prepared for the New Crypto Tax Regulations?

As the world becomes increasingly digital, cryptocurrency has emerged as a popular investment option for expats. However, the IRS has taken notice, and new regulations are being enforced to ensure expats are reporting their crypto gains accurately. The New Regulations: What Expats Need to Know The IRS has introduced new forms and reporting requirements for…

What to Do If You Receive an IRS Audit Notice as a US Expat

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…