Andrew Coleman
Articles
The Importance of the Physical Presence Test to Americans Working Abroad
The Physical Presence Test can help reduce your tax liability. As a US Expat living and working overseas, you are required to file a US income tax return. One of the primary concerns to US Expats is whether or not they will be taxed twice on the same income.&n...
How to Properly Report Timing of Foreign Income and Taxes Paid on the US Expat Tax Return
The issue of allocating income and taxes paid abroad on the US tax return is simple yet non intuitive. We are often asked to explain this issue to clients and decided to write a stand-alone article describing the various cases you might encounter. We will use UK as an example - but same concept applies to any country aroun...
Accidental Americans and Their Plight With US Taxes
About 7.6M American Citizens are living overseas. Out of that 7.6M, 3,415 of them renounced their citizenship last year. These figures include those who are fully aware of their American Citizenship. There are other types of Americans, however. These people are referred to as ‘accidental Americans’. These indi...
Be Aware of Your IRS Tax Filing Obligations Before Applying for a US Visa for Spouse or Relative
If you are going to be applying for a US Visa for your relative, make sure you are current on your US expat tax obligations. Visa application for your relative will entail submission of USCIS form I-864 - affidavit of financial support. It will require you to submit proof of having filed US tax returns. ...
Top 10 Recommendations for Taxpayers Behind on US Taxes Who Are Contacted by the IRS
1) If you are behind on filing your US expat tax returns, you have the opportunity to get caught up. Have you received a notice from the IRS for one or more delinquent tax returns? There are many reasons why you may have fallen behind on filing your US expat tax return(s). ...
How to Reduce Your Tax Liability With the Physical Presence Test When Moving Back to the United States
The Foreign Earned Income Exclusion (FEIE) helps US Expats to prevent paying taxes to two separate countries. In order to qualify for the FEIE, you must...