If you plan on working abroad as an independent contractor, you will be subject to self-employment tax on your freelance income just as you would if you were self-employed in the US. To make sure you don’t overpay, read our guide on how to avoid self-employment tax while working abroad. What Is US Self-Employment Tax? […]
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 […]
One of the great things about being an expat is the opportunity to see parts of the world you might not have visited before. Thus, having flexibility to travel is very important to most US expats – and the best way to have this luxury is to be self-employed, so you can work around your […]
US expats are often confused by the impact of self employment on their US tax obligations. This video blog will explain how self employment taxes are applied in relation to the Foreign Earned Income Exclusion. VIDEO TRANSCRIPT D. McKeegan: Hi everybody. I’m David McKeegan from Greenback Expat Tax Services and we have a new question […]
If you’re a US expat, you may have decided to forgo working for someone else and have instead branched out on your own. While being self-employed and working for yourself, as an independent contractor, or owning your own business may be a liberating experience, it can also add some financial weight to your shoulders. Since […]
US Tax Abroad for the Self-Employed US tax abroad is complicated no matter what the situation. Owning your own business overseas is no exception. Self-employment requires additional tax planning, including pre-payments throughout the tax year in order to avoid a high tax bill when it comes time to file your US tax abroad. Running a […]
