Category: Expatriate Tax Preparation
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…
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.
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…
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…
Foreign Account Tax Compliance – You See What Interesting Facts Here
Nov 23, 2021
The Skinny On The Foreign Account Tax Compliance Act (FATCA) How Is It Impacting You? It’s what Swiss bank executives yelled out when they received fines for aiding American citizens in hiding assets…
Important Reasons Why You Need To Hire Tax Preparation Services
Nov 23, 2021
Why Use A Tax Preparation Services Firm? Most taxpayers fret about the annual ritual of preparing and filing their tax return. Whether it’s the hassle of wading through tax records and determining what…
Important Info You Need To Know On The State Income Tax Return Residency
Nov 23, 2021
State Income Tax Return Residency – How Do I Determine State Residence When Residing Overseas? Many overseas taxpayers have questions about their filing requirements and potential tax liability as it pertains to filing…