What To Look Out For When Filing Late Taxes
When filing for your late expat taxes, it is important to keep several things in mind. In this post we will go over some of our tips for you to have a smoother process. Late Filing Fees and Penalties When you begin the process of filing, one of the biggest things to keep in mind […]
Needed Documents For Streamlined Filing
Did you know that the IRS program, Streamlined Filing Procedures, can waive your late tax return filing? In fact, late-filing penalties can be completely waived for US expats who qualify! The Streamlined Filing Procedure may also waive your foreign bank account reports (FBARs) that are overdue, as well. Do you want your past-due penalties to […]
Returning To The U.S? Here’s How Your Taxes Are Effected
Returning to the United States after living abroad, especially for late periods of time is monumental. Your tax returns are probably not the first things that come to mind however they should be the first things you consider getting the latest information. Moving back to the United States can have a huge impact on your […]
How The IRS Tracks Late Taxes For Expats
Many Americans living abroad don’t recognize that their U.S. Citizenship means that they owe a lifelong responsibility to file their taxes annually. Eventually, when you don’t file taxes, the IRS will consider you delinquent. Further, if your tax debt meets or even exceeds a threshold, the IRS can revoke your passport. A passport that has […]
US Tax Guide for Dual-Status Aliens
Filing taxes can be a daunting task for anyone. For foreign nationals who received their Green Card, this process gets even more complicated. In this post we will go over what exactly are dual-status aliens and how this effects your tax returns. In some cases, foreigners that live in the United States may be considered […]
Expatriate Tax Preparation
When preparing for your upcoming tax returns it is important to think ahead on what documents you need. Expat tax prep will help the process feel smoother and if there are any documents you are missing you can find out how to get them in a timely manner. We will go over which documents we […]