Articles

Decoding Form 1095-B: A Closer Look At Health Coverage Reporting

Waiting to receive Form 1095-B to file your tax return? You don’t have to. You can get the information to fill in your tax return from other documents issued by your health coverage provider. This health insurance tax form ensures that you and your family members have access to health care. It was once mandatory to have ...

When Is the Best Time to File Taxes?

Like most people, you may wonder when is the best time to file taxes. The answer depends on your situation. Read on as we talk through some factors that can affect when you should file your taxes. We will also provide some tips about when is a good time to file taxes and why having the assistance of tax specialists like the ones at taxesforexpats...

Non-US Trusts Remain IRS Target

IRS compliance campaign In 2018, the IRS announced a compliance campaign with respect to information returns repo...

Letter from the IRS about Form 1099-NEC & Form 1096

What is form 1099-NEC (Nonemployee Compensation)? Beginning in the 2020 tax year, Form 1099-NEC is the Internal Revenue Service (IRS) form used by businesses to report payments made to ...

Instructions for Paying Your US Tax Liability While Living Overseas

The majority of US Expats are able to completely eliminate US tax liability after taking advantage of all the exclusions and deductions available to those living and working overseas.  There are times, though, when there is still some tax liability.  If you are a US Expat who owes taxes to the IRS, here are the steps to take to make the proper pa...

How Expats Can Cash Checks From the IRS While Abroad in 2021

How to Cash Stimulus Check While Residing Outside of the USA If you are able to use direct deposit, more power to you and this article is not for you. If you are in the US, cashing stimulus checks and ...