Resources

Read our articles on US taxes for Americans living abroad, on topics including filing dates, the Streamlined Procedure, and the Foreign Earned Income Exclusion.
A Summary of US Expat Filing Deadlines in 2024

A Summary of US Expat Filing Deadlines in 2024

As an expat, no matter where you live, you still have to file US taxes every year, reporting your total worldwide income. This is because the United States taxes its citizens and its permanent residents (Green Card holders) on a worldwide basis, irrespective of their residence. US filing deadlines are different for Americans living abroad […]
Read More ...
Brief US Expat Tax Filing Guide for Americans Living Abroad

Brief US Expat Tax Filing Guide for Americans Living Abroad

Did you know that US citizens living abroad are still obligated to file a US tax return? If you are single and have an income of more than $13,850 (for single filers in the 2023 tax year, $14,600 for 2024), you are most likely required to file a return. The United States is one of […]
Read More ...
The Latest IRS Update on the Streamlined Procedure

The Latest IRS Update on the Streamlined Procedure

Purpose of the streamlined procedures The streamlined filing compliance procedures describe below are available to taxpayers certifying that their failure to report foreign financial assets and pay all tax due in respect of those assets did not result from willful conduct on their part. The streamlined procedures are designed to provide to taxpayers in such […]
Read More ...
Form 5471 - Who must file?

Form 5471 - Who must file?

Filing IRS Form 5471 for owners of Controlled Foreign Corporations can be a very complicated process. And costly as the IRS penalty can run to 10k per form per year. Here is a brief description from the IRS on who needs to file. Purpose of Form Form 5471 is used by certain U.S. citizens and […]
Read More ...
crossmenu