American expats can claim way more than they think! In a recent survey, we found that the many expats, especially new expats had no idea they could claim so much against their US taxes. Minimize your US tax liability or get it to zero! Be aware of all your exclusions and deductions Don’t pay a […]

Do I qualify for the Foreign Earned Income Exclusion? You could, if you are a US expatriate outside the United States, your tax home has moved abroad to a foreign country and you have foreign earned income. In other words, you are getting a salary from employment in a foreign country. Now, in order to […]

Many expats we help simply don’t realize the amount of deductions they can claim. There are so many IRS exclusions and deductions you can claim when you are a US expat, living and working abroad. The common ones that new expats aren’t aware of are the itemized deductions such as State income taxes, mortgage interest, […]

Let’s admit it, having children is expensive. A number of expenses, such as education and child care, need to be added to the budget, not to mention the increase in clothing, food and leisure costs. The Internal Revenue Service (IRS) actually recognizes this struggle and allows various exemptions, deductions, and credits to taxpayers who have […]

FATCA is the Foreign Accounts Tax Compliance Act, F.A.T.C.A. Agreements have been signed between Canada (and many other countries) and the United States whereby the banks in those countries will disclose the information about the Americans with accounts held at the banks. Now ultimately, they will be in a big matching exercise for the US […]