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
This year, for the first time in a couple of decades, I hired someone to prepare my tax return. I've done it myself for years, using TurboTax. This year, though, it got out of hand. Rather than mess with our expat taxes myself, I decided to hand the whole mess off to a professional. As US … [Read more...] about How Filing my Expat Taxes Changed from a Nightmare to a Dream
Expat taxes seem to be a fast-moving target these days. For US citizens, the IRS is making changes and imposing absurdly punitive penalties if you don't dot every I and cross every T properly. Since this is the time every year when Americans at home and abroad have to pull together their … [Read more...] about Tax Help for US Expats
Guest Post from expat CPA Diane Siriani Every day we get questions about the expat tax rules and are always amazed how each situation is always a little different and has a different hurdle to cross. Here are some quick answers to those common difficult questions that come up on a regular … [Read more...] about Expat Tax, Tips and Traps
As the deadline for filing US tax returns approaches, we have a guest post from CPA Diane Siriani. Who Needs to File As a US citizen living abroad, you must file a tax return reporting your worldwide income. So whether you live full time offshore, work anywhere in the world, collect … [Read more...] about US Expats — Let’s Talk Taxes
Last year, Congress passed a law which was supposed to get Americans back to work. Buried in it, however, are provisions for restricting the free flow of funds from US bank accounts to offshore accounts. The Hiring Incentives to Restore Employment (HIRE) Act will require foreign financial … [Read more...] about Can You Afford to Give Your Bank 30% Of Your Savings?