Andrew Coleman
- Exit tax planning
- International business tax
- Overseas tax obligations
- Tax compliance for expats
- Master's of Accounting, University of Kansas School of Business
Articles
Understanding citizenship-based taxation: A guide for US expats
In the global landscape of taxation, most countries adopt a residency-based approach, taxing individuals based on where they live. However, the United States stands out with its citizenship-based taxation system. This means that US citizens are taxed on their worldwide income, regardless of where they reside. For American expa...
What is Social Security tax? An essential guide for expats and self-employed Americans
If you're a US citizen or resident working at home or abroad, understanding Social Security tax is crucial for your financial planning. This tax supports benefits that millions of Americans rely on for retirement, disability, and survivors. Whether you’re employed, self-employed, or living overseas, knowing how Social Security...
Form 8865 requirements for US taxpayers with foreign partnership interests
If you’re a US person with ownership or involvement in a foreign partnership, you may be required to file Form 8865. It’s technical and easy to overlook – yet failure to file can lead to serious penalties. This guide will help you understand whether you need to file and how to do it correctly to stay compliant. ...
Do US citizens living abroad pay taxes?
Living abroad doesn’t exempt you from US tax obligations. American citizens and permanent residents must report worldwide income, even if they haven’t set foot in the States for years. That might come as a surprise, especially if you’re already paying taxes where you live. Understanding how US citizens living abroad ha...
GILTI tax explained: Definition, calculation, examples & planning
Global Intangible Low-Taxed Income (GILTI) represents a significant component of US international tax law affecting businesses and individuals with foreign investments. It was introduced as part of the Tax Cuts and Jobs Act (TCJA) in 2017 to ensure that US taxpayers pay a minimum level of tax on foreign earnings, particularly those derived from i...
Exit tax for green card holders: everything you need to know
Holding a green card gives you lawful permanent resident status, which means you can live and work in the United States long term. But it also makes you a US tax resident – responsible for reporting and paying US tax on your worldwide income. At some point, you might start thinking about giving it up. Maybe you're relocating f...