Articles

Is alimony taxable: Tax pain & alimony payments for US expats

When you go through a divorce, you and your ex-spouse will need to come up with an agreement to fairly divide your assets. Since marriage is really a financial partnership, the divorce should ideally split everything in half. A big part of this process could be to decide on alimony payments. If you’ve agreed on alimo...

Form 1099-C: Cancellation of Debt [Do you owe taxes on forgiven debt?]

When a lender cancels or forgives your debt, it might feel like financial relief – until you receive Form 1099-C in the mail. At this point, you may have several questions: Do I have to pay taxes on canceled debt? Where do I report Form 1099-C on my tax return? Are there ways to a...

Impact of MAGI on US Expats' eligibility for tax saving provisions

Multiple tax-saving provisions included in One Big, Beautiful Bill are expected to save taxpayers thousands of dollars each filing season. Almost all of those provisions are limited by the taxpayers’ ...

What concerns of US expats does the One Big Beautiful Bill Act not address?

Based on the One Big Beautiful Bill Act (OBBBA) signed into law on July 4, 2025, here are the key issues that the legislation does NOT address: Fundamental expat tax system issues ...

OBBBA tax benefits – non-resident aliens disparity problem

The One Big Beautiful Bill Act (OBBBA) creates an unintended two-tier benefits system where employees performing identical work receive vastly different tax treatment based solely on their immigration status and tax identification doc...

How the tips and overtime tax deductions in the One Big Beautiful Bill Act affect American expats

On July 4, 2025, President Trump signed the One Big Beautiful Bill Act (OBBBA) into law, fulfilling key campaign promises to provide tax relief for American workers earning tips and overtime pay. ...