12/15/2022
If you are a US citizen living abroad, you will need to file your income tax return on Form 1040 based on your worldwide income. And to file this, you’ll usually need a Social Security Number (SSN). An SSN is the most common type of tax identification number. But hold on. What happens if you […]
12/05/2022
If you work for a US contractor abroad, taxes can be confusing. Regardless of where they live, those with overseas contractor jobs will need to file a US tax return — but they may need to file taxes in their country of residence as well. But with a little bit of research and organization, you’ll […]
11/29/2022
Taxes are tricky for US expats — in addition to the complications that come along with earning income abroad, tactical challenges like accessing your tax records, viewing your balance, and making payments are made that much harder when you can’t easily receive mail from or make calls to the US. Fortunately, the availability of IRS […]
11/22/2022
Aargh! It’s time to start thinking about taxes again. The end of the year should be a period of celebration – popping off the champagne cork and ringing in a new year. But for US expats, the end of the year often comes with apprehension and a lot of anxiety. While filing taxes should be […]
11/15/2022
Americans living abroad who previously lived in California may still be liable to pay California state income taxes. California is among the states with the most stringent income tax regimes. Similar to the Hotel California lyric, you can check out any time you like (yet when it comes to California expat taxes), it can be […]
11/07/2022
The IRS requires all US persons to file taxes… But how might one define a US person for tax purposes? It might seem like a pretty straightforward question, but the answer can be surprisingly complex. Read on to learn what a US person is, what their tax obligations are, and more. Are you a US […]
10/26/2022
When most people think about income taxes, they think about the taxes that are automatically withheld from their paycheck — or, if they’re self-employed, the quarterly tax estimates they pay to the government based on their expected earnings. While that does make up one component of income taxes, it’s not the only one. It’s important […]
10/10/2022
Moving to a new country (though rewarding!) comes with many challenges. Beyond finding a new place to live, the move may involve adapting to a new culture, building a new social or professional network, and in some instances, opening a foreign bank account to manage your finances while abroad. Opening a foreign bank account isn’t […]
09/28/2022
Tax-wise, American expats are in a delicate spot. The US is one of the few countries in the world that applies citizenship-based taxation, meaning that US expats must file a tax return to declare their worldwide income each year, regardless of where they live. As a result, many expats are left confused with unanswered questions […]
09/06/2022
Are you considering a move abroad? With the world changing, it’s important to look for countries that offer the best quality of life, safety, and economic opportunities. Whether you’re looking for a fresh start or a change of scenery, this blog post will help you explore some of the best countries to move to and […]