Greenback Expat Tax Services
Great news for American taxpayers: you have an extra day to file your taxes! The new tax deadline for 2018 is midnight on April 18. If you had trouble accessing certain parts of the IRS website on Tuesday, you weren’t the only one. Significant technical difficulties cropped up, adding to the stress of an already…
Whether your employer has offered to sponsor your Green Card application, or you have recently married a US citizen, the receipt of a Green Card is often extremely desirable. But what exactly does that mean for you at tax time? What happens to Green Card holders who are filing taxes abroad? Read on to find…
This past week, the IRS issued a reminder to US citizens and resident aliens to find out whether or not they have a tax liability. They also noted that the April deadline pertains to FBARs (foreign bank account reports) as well. This year the reminder bears special heeding as the end of the OVDP (Offshore…
Can you believe that Tax Day is less than one weekly roundup away? This week, we have some tools that will come in handy if you’re feeling the time crunch before the deadline. And, if you’re already finished, they’ll help you get ready for next season! Download our checklist of documents needed for expat tax…
Whether you already filed your US expat income tax return or are having a hard time getting started, keeping important tax documents in good order is always a good idea. If expat tax filing is still haunting your to-do list, start gathering the paperwork now. We’ve prepared a checklist of specific documents needed to help…
The Tax Cuts and Jobs Act has far-reaching changes for many American taxpayers; the Treasury Department and the IRS recently issued guidance on how the transition tax will be computed. Prior to 2018, US owners of foreign businesses did not pay American taxes on the organization’s earnings until they were distributed to the individual. Under…
Whether you are moving outside the US to start a new job overseas, getting a pay raise as a US citizen working abroad for a foreign company, or working in a foreign country and receiving foreign sourced self-employment income, you may be wondering if you are going to owe any extra US income or self-employment…
Thanks for tuning in for this week’s expat tax news roundup, where we are covering the latest and greatest expat-related info so that you don’t have to track it down yourself! This week, find out about what to do if you owe money to the IRS and how to navigate the wild world of expat…
While expats get an automatic two-month extension filing US taxes abroad, the April 15 Deadline (April 17, in 2018) is when payment is due if you owe taxes. Many expats are surprised to learn that even though filing by June 15 meets the deadline, this is two months past the deadline to pay taxes, so penalties and…
Though filing taxes can be complicated for expats, we have some good news. Extensions are available for your overseas tax return – some are even automatic! As an American, you are likely accustomed to having the April 15th deadline (April 17th in 2018) in mind as soon as the year ends, but those living abroad…
