Articles
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...
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. ...
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...
Affordable Care Act for US Expats Q&A
The Affordable Care Act, otherwise known as Obamacare, has been implemented and is now active. US Expats have a variety of questions as to how they are impacted by this act. Many US Expats are confused about their obligations concerning the ...
How Independent Contractors are Affected by the Affordable Health Care Act (Obamacare)
7% of workers are considered independent contractors Just over 7% of workers in the United States are considered independent contractors by the Bureau of Labor Statistics, and these self-employed individuals are directly affected by the Affordable Health Care Act. There are o...
U.S. Expat Tax Guidance if You’ve Recently Lost Your Job
If you have lost your job and are actively seeking gainful employment, you may be able to deduct the expenses associated with your job search. You must be aware, however, of the taxes for which you will be liable. Almost everybody who’s ever been employed has experienced the dreadfu...