Avoiding Double Taxation
US expats living abroad face a number of tax challenges, perhaps the most potent of which is the potential for “double taxation” – i.e., taxation of your income in both the United States and your…
Read MoreHow U.S. expats avoid being taxed twice on the same income, using the foreign earned income exclusion, foreign tax credits and tax treaties.
US expats living abroad face a number of tax challenges, perhaps the most potent of which is the potential for “double taxation” – i.e., taxation of your income in both the United States and your…
Read MoreAs reported by Reuters, a group of American citizens living in France filed a class-action lawsuit this past week against local financial institutions, alleging discrimination due to their U.S.…
Read MoreIn today’s age of “digital nomads,” the idea of working remotely overseas continues to grow in popularity. New programs, such as Remote Year, have further facilitated overseas commuting by organizing…
Read MoreFor a unique group of foreign individuals (i.e., non-US citizens referred to in the tax world as “aliens”), living in the U.S. does not trigger “resident” status for tax purposes. These so-called…
Read MoreOne of the more common issues that our clients face in their expat tax filings is determining the proper tax treatment of the sale of their personal residence abroad. The following are some of the…
Read MoreOne of the fundamentally important tax concepts for U.S. expats to know is that the U.S. tax system has built-in mechanisms for preventing the “double taxation” of your income (i.e., tax in both your…
Read MoreAs this year’s tax season heads towards its end, we continue to see more and more self-filers who have received notices from the IRS reassessing their tax liabilities due to mistakes or…
Read MoreA number of clients have asked us whether a U.S. expat can receive a tax refund from the IRS despite living overseas. While the answer to this question can be nuanced depending on the circumstances…
Read MoreFor many taxpayers, bilateral treaties can be an important tool for eliminating double taxation – i.e., tax in both the country of income source and the country of taxpayer residence or citizenship.…
Read MoreMany U.S. expats are often unaware of the fact that they need to continue to file a U.S. expat tax return even though they live and work outside the U.S. Each week our firm receives several inquiries…
Read MoreIt’s hard to believe, but once again we’re approaching that infamous time of the year when we all start to think about our U.S. taxes and pull together the energy needed to put this often complicated…
Read MoreAs we begin the 2020 tax filing season, there are several items that all U.S. expats should be aware of:
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