Articles

Foreign Country Code Listing for Expats

My country code seems...wrong?  "Why does my tax return say I live in SZ? That is Swaziland!" Not for the IRS it isn't. We get asked this all the time as nervous taxpayers think their mail will end up not only in the wrong address, but in the wron...

Self-Employed Expats Beware: Avoid double taxation

Social Security Coverage of Self-Employed If you live overseas, you may have heard of agreements between the United States and foreign countries known as Totaliza...

How to Read My US Tax Return

After we prepare your return, we will ask you to check it for accuracy. Of course, we are not asking you to do our job and verify that your tax positions were taken correctly. Instead, you should check that your personal details and basic facts are correct. Specifically: Please review the first page of Fo...

Biden Tax Plan Analysis

When Biden is sworn into office in January 2021, US Taxpayers, both abroad and in the US, may experience changes to their US tax returns. The Internal Revenue Service requires all US citizens to file a tax return each year reporting income regard...

Totalization Agreement and Additional Child Tax Credits

Totalization agreements US citizens and green card holders residing abroad are responsible for making contributions to the U.S. Social Security system on net business income.  Self-employed taxpayers residing in a country that has a ...

U.S Tax Impact from portability between non-US retirement plans

Transfer of funds from one pension plan to another may be treated a taxable event in the US (there is no official document to substantiate the tax exemption). Introduction Many Americans are working abro...