The foreign earned income exclusion (Form 2555): who qualifies under the bona fide residence and physical presence tests, and how to claim it.
For U.S. persons living abroad, the foreign earned income exclusion (“FEIE”) under Section 911 of the Internal Revenue Code provides a significant measure of tax relief against the U.S. government’s…
Read MoreOne of the most common tax relief measures available to U.S. expats is the foreign earned income exclusion (“FEIE”). This expat tax basic is an important method for avoiding the double taxation of…
Read MoreThe US government’s economic response to the COVID pandemic has taken a number of forms, including economic stimulus payments to individuals, economic relief for small businesses, extended reporting…
Read MoreFor many US teachers, the opportunity to teach abroad can mean a greater diversity of students, new life-changing experiences, altruistic pursuits, and in many cases a higher salary and healthier and…
Read MoreFor U.S. citizens living abroad, the foreign earned income exclusion (FEIE) is one of the most common ways to avoid the double taxation of income. The FEIE allows expats to exclude their foreign…
Read MoreFor many U.S. expats, the key mechanism for preventing double income taxation is the foreign earned income exclusion (FEIE), a U.S. expat tax basic concept. The FEIE allows income earned abroad to be…
Read MoreFor U.S. expats, avoiding the double taxation of income is a key expat tax basic concept. In most cases, this is accomplished by either utilizing the foreign earned income exclusion (FEIE) or the…
Read MoreOne of the more common misconceptions amongst expats is the belief that if your salary falls under the foreign earned income exclusion (FEIE) amount, then there is no requirement to file a U.S.…
Read MoreAmerica’s Independence Day is here, so we’d like to begin this blog by wishing all the American taxpayers living abroad a happy and healthy July 4th.
Read MoreContinuing the trend of recent cases, the Tax Court again disallowed the foreign earned income exclusion (“FEIE”) in the case of a contractor for the U.S. military who worked in Afghanistan during…
Read MoreIn a recent online update, the IRS reminded taxpayers that starting with the 2018 tax year, contractors or employees of contractors supporting the U.S. Armed Forces in designated combat zones will…
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…
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