Expat Tax Blog Posts - Expat Info Desk

FBAR: Foreign Account Reporting Requirements – Everything US Expats Need to Know

FBAR is an acronym for Foreign Bank Account Report, however it’s not just foreign bank accounts that US expats are required to report on an FBAR. FBARs were first introduced in 1970, however they were hard to enforce before the Foreign Account T...

What tax exclusions and exemptions are available for Americans living abroad

Learn About Tax Exclusions and Exemptions that are Available for Americans Living Abroad All US citizens and green card holders who earn over $10,000 a year, or just $400 of self-employment income, are required to file a federal return declaring the...

US Tax Guide for Americans Living Abroad

The IRS Streamlined Procedure is Still a Great Deal for US Expats

Learn How the IRS Streamlined Procedure is Still a Great Deal for US Expats Just over a year ago, a reformed IRS Streamlined Procedure launched, offering US expats who weren't up to date with their tax and FBAR filing a penalty-free path to complian...

Top 5 Reasons to Get Caught Up Your US Tax Returns

Great Tips for Expats on US Tax Returns While there are approximately 7.6 million Americans living abroad, only about half are actually filing their US tax returns as required by the IRS. It may not seem fair that you are required to report your w...

New Tips on How to File FBAR

Updated Information on How to File FBAR The FBAR (Foreign Bank Account Report) deadline is approaching—do you need to file? It’s important for US expats to first determine if they need to file, then engage in the new process of filing took effec...

5 Things You May Not Know About US Taxes for Expats

Find Out If you Know These 5 Things About US Taxes for Expats Whether you are considering a move overseas or already living the expat lifestyle, it is important to remember that US expats must file a US tax return each year, regardless of where you ...

Potential Issues Regarding the Heroes Earnings Assistance and Relief Tax

Potential Issues Regarding the Heroes Earnings Assistance and Relief Tax for US Expats James McCann writing for Bloomberg Law has recently covered 10 potential surprises that U.S. expatriates might encounter concerning the Heroes Earnings Assistan...

US taxes – The critical differences between the FBAR and Form 8938

In recent years, the US government has implemented new measures to crack down on US expats evading their tax obligations. The newest development is in the form of the Foreign Account Tax Compliance Act (FATCA). This act is designed to help identify t...

Expat IRS Tax Filing Deadline Approaches

Expat IRS Tax Filing For the majority of US citizens, the expat IRS tax filing deadline is the 15th April. However, U.S. citizens and resident aliens who are currently living and working abroad have been granted a two-month extension on the deadli...

A Comprehensive Guide to Filing Income Tax in China: 2013

Expats who live and work in China are required to pay individual income tax (ITT) and those who are employed by a foreign-invested company in China need to pay tax from the very first day that they arrive in the country. While ITT payments are...