Greenback Expat Tax Services
Expat taxes can be complicated on their own, but having a business in the mix adds a new layer of difficulty. Your company could be considered a Foreign Disregarded Entity if it was not created in the US, which may mean additional expat tax reporting requirements. Read on to find out the answers to questions […]
One of the great aspirations many Americans have is to start their own business. It takes a lot of dedication, skill, and planning to do so. While the business and its operations may be the same for an expat as a US-based entrepreneur, owning a small business abroad has some unique implications for expat taxes. […]
For US residents, self-employment overseas is not very different from self-employment stateside. Taxes become a bit more complicated in either scenario; so, find out what expats need to know before you decide to become your own boss. Self-Employment Overseas: Tax Thresholds, Schedules, and Structures For expats who are employees, the thresholds for being required to […]
The sharing economy has forever changed the way resources are used; owning has taken a back seat to renting for many American taxpayers. There’s almost nothing you can’t share anymore from a vacation home, to a ride to work, to your skills on freelance sites, to fancy clothes and appliances. A combination of minimalism and […]
If you are a military contractor, you are likely interested in finding out if your expat taxes are categorized as civilian or military. Generally speaking, military contractors working abroad must follow the same rules as civilian US citizens who work abroad. They must report all of their worldwide income on their US expat taxes, they […]
Expat entrepreneurs who are thinking of starting a business overseas should expect another layer of complication to their expat taxes. Fortunately, that’s no reason to abandon your career dreams! Read our tips first to ensure you understand all the implications for your self-employment taxes. Filing Requirements for Self-Employment Taxes The thresholds for triggering a filing […]
One of the benefits of being self-employed or an independent contractor is that you are in control of your entire operation. You are in charge of your routine and have the freedom to create something truly unique. While the upsides to self-employment are numerous, some drawbacks exist as well, including an additional wrinkle in the […]
Considering self-employment while living abroad? You’re not alone – the flexibility such a career move provides is ideal for a US expat! While working for yourself, as an independent contractor or owning a business seems like an ideal situation, you should be aware of the implications it creates for your expatriate taxes to ensure it’s […]
Becoming a US expat is an exciting time in your life, but perhaps even more exciting is the fact your opportunities are endless while living abroad. If you’re thinking about running your own business overseas, there are a few key factors you’ll want to take into consideration for the purpose of your US expat taxes. […]
In a world where Airbnb is the new way to vacation and Uber is how people get from Point A to Point B, the sharing economy is here and it’s a hot topic – so hot that even the IRS is talking about it. The agency recently launched a new web resource to help taxpayers […]
