Andrew Coleman

For the 2025 tax year filed in 2026, US Social Security tax can still apply when an American works abroad, but the result depends on employee status, employer location, self-employment, and any Totalization Agreement. The 2025 Social Security wage base is $176,100, with a 6.2% employee rate. This guide separates payroll tax from benefit...

Individuals who itemize a 2025 return generally attach Form 8283 when their deduction for noncash charitable contributions is more than $500. Section A generally covers deductions over $500 through $5,000, while Section B generally covers items or groups over $5,000, with exceptions such as publicly traded securities. For 2025, non-cash...

A tax home in a foreign country is one of the core requirements for claiming the Foreign Earned Income Exclusion (FEIE). For a 2025 US tax return filed in 2026, a qualifying taxpayer can exclude up to ...

An EIN for foreign entity use is a 9-digit identifier the IRS assigns to businesses and other organizations. It is also called a federal tax identification number, but it is not the same as an individual taxpayer identification number or a foreign-country TIN. For the 2025 tax year filed in 2026, the key question is not whether the owne...

Form 3520 is an IRS information return used by US persons and certain estate executors to report specified foreign trust transactions, foreign trust ownership, and large gifts or bequests from foreign persons. For 2025 activity, filing errors ca...

US citizens abroad can invest through US or foreign brokerage accounts, but the tax reporting rules do not stop at the US border. For the 2025 calendar year, a US person's foreign financial accounts, including foreign brokerage accounts, can trigger FBAR if their aggregate value exceeds $10,000 at any time. Form 8938 can also apply ...