Category: Expat Tax Solutions
4 Key Differences You Should Know About Form 8938 and Form 8621
Apr 19, 2022
Filing taxes as an American living abroad can be confusing and challenging. Knowing the correct forms to use and how to fill them out correctly is as crucial as learning how to file…
An Expat’s Complete Guide to Social Security Tax
Apr 19, 2022
Social Security provides a safety net to workers when they retire. But rules on Social Security tax can be confusing for expats. Let this guide help you out.
5 Ways to Determine Your Foreign Earned Income Exclusion Eligibility
Apr 18, 2022
Expats’ income is prone to double taxation with the current U.S. tax system. Knowing your eligibility for foreign earned income exclusion can help avoid this.
Taxable Income vs. Nontaxable Income: What’s the Difference?
Mar 24, 2022
Not all kinds of income are taxable; the IRS considers some as tax-free. Find out their differences and the types of income they cover in this article.
A Primer on How to Open A Business for Expat Entrepreneurs
Mar 21, 2022
Seeking opportunities and experiences in other countries is one of the reasons why expats thrive elsewhere. Countries with booming economies attract expat entrepreneurs, but it can be quite a daunting task, especially if…
7 Answers to FAQs About IRS Form 8938
Jan 03, 2022
The IRS Form 8938 is one of the most important forms you must complete as an expat. If you're unsure what IRS Form 8938 is or how to file it, don't worry; this…
8 Essential Tax Preparation Tips for Foreign Entrepreneurs
Jan 03, 2022
Preparing business tax returns is different for a foreign entrepreneur. To effectively run your business abroad, here are some tips to help you out.
Best Online Expat Tax Professional Firms You Need To Know For 2022
Nov 23, 2021
The Need For An Expat Tax Professional – How To Find The Best Expat Tax Professional Firms for 2022 If you live overseas, the chances are that you will need a U.S. ex-pat…
Understanding FBAR Penalties? See Tips On How To Avoid
Nov 23, 2021
If you have a financial interest in a foreign financial account, it may be a requirement for you to file a Report of Foreign Bank and Financial Accounts (FBAR) with the Financial Crimes…
The Truth About Panama Papers Shell Company I What You Need To Know
Nov 23, 2021
Wonder About A Shell Company In light of the recent scandals, you might be wondering yourself if your name came up on the list of “Offshore Billionaires evading taxes”. Truth is, few of…