Blogs

Darryl, an Enrolled Agent, has many years of expat tax experience, including how the Streamlined Amnesty program of 2012 works. He has taken some time out of his busy day to explain how American citizens living abroad and have somehow fallen behind with their tax commitments, can correct the problem, ensuring that they don’t encounter […]

The US Government has passed the 2 trillion dollar stimulus package.US Residents with social security numbers, 𝗥𝗘𝗦𝗜𝗗𝗜𝗡𝗚 𝗔𝗡𝗬𝗪𝗛𝗘𝗥𝗘 𝗜𝗡 𝗧𝗛𝗘 𝗪𝗢𝗥𝗟𝗗, are eligible depending on their income.🌎 “Resident” does not mean living in the U.S. when it comes to U.S. taxation.  

U.S. citizens find themselves living and working abroad for various reasons. Sometimes they do so because of an excellent job opportunity or because they are following someone they love. Whatever your reasons, if this is you and you’ve decided to renounce your U.S. citizenship, then you will want to know how to handle the tax […]

Is your foreign company (non-US) ready for tax season? Transition Tax and GILTI Tax has and will continue to blindside countless American business owners operating internationally. Not to be confused, Transition Tax and GILTI Tax are two separate components of the new international tax system.  In December 2017, Congress passed The Tax Cuts and Jobs […]

Renouncing your U.S. citizenship is a huge decision that many often find confusing and intimidating. At Expat Tax Online, we can assure you that the process is not as complicated as it may seem. With enough strategy and planning, you can successfully renounce your U.S. citizenship whether it is for financial or personal reasons. American […]

They say home is where the heart is. It is more than just a shelter, it’s where we love, where we can be ourselves, and it’s where life happens. It’s a big world out there, and for some U.S. citizens, home has been found in an unexpected place, abroad. There are many reasons why people […]

Are you a U.S citizen permanently living abroad? Today we’re bringing some clarity on the U.S. tax requirements for U.S. citizens abroad and why many are choosing to renounce their citizenship. People leave the United States for many reasons. Some plan to leave permanently while others simply fall in love with another country and decide […]

Traditional IRA or ROTH IRA? When you stop working with a United States employer, move abroad, and work with a foreign employer, you can no longer access your US-based 401k retirement plans. What are your other options? IRAs tend to fit the bill – IRAs are individual retirement accounts, where you can contribute a certain […]

Do I have to file? That depends if you are a US citizen or a US Green Card holder. The general answer is yes. It is dependent on your income level and your filing status as well. But assuming your income is over a relatively small amount given your filing status and if you are […]

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, […]