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
Guest Post by ZM Ishmurzina, MBA, CPA Confused about some of the filing requirements for your US tax return as an expat? Here's some clarification about the FATCA and FBAR forms. On November 8, 2012 the U.S. Department of the Treasury announced that it has been pursuing extensive negotiations … [Read more...] about US Expat Taxes & FATCA: How do Expats Comply?
Guest Post by Vincenzo Villamena There are many rewards, as well as challenges, for Americans who choose to live outside of the U.S. Amongst all the cultural and language barriers, there is still one fact that remains regardless of where you are living in the world –- you need to file your … [Read more...] about Advice for Expats from the Online Taxman
Dear Future Expats, This is not the column I had planned for today. However, when I got this letter in my mailbox yesterday, I knew I had to share it with you ASAP. It's from Leif Simon of Live & Invest Overseas. I'll have a few further comments at the end. . . "The IRS is grabbing … [Read more...] about Expats, Prepare and Beware the Tax Man