One of the challenges for US expats involves taxes. You see, good old Uncle Sam taxes its citizens and green-card holders on worldwide income. Yes, if you structure your financial life properly you can get an exemption for earnings abroad, up to $102,100 for an individual in 2017. But you … [Read more...] about Taxes for Expats
Fatca
Mark Your Calendar…Check It Twice! The Taxman is Coming
Guest Post from expat CPA Diane Siriani The US tax laws for expats are complex and it does not appear that things are going to get easier any time soon. Since we get so many questions regarding what is due when, we thought that this reference chart might be helpful to those of you who are … [Read more...] about Mark Your Calendar…Check It Twice! The Taxman is Coming
FATCA: What We Know Now
Guest Post by Leif Simon FATCA -- the Federal Account Tax Compliance Act -- has been a source of uncertainty for expats since it was first included in the HIRE Act in 2010. We know a bit more about how it will work now than we did then. FATCA has been one of the regular topics of discussion at … [Read more...] about FATCA: What We Know Now