Greenback Expat Tax Services
Many Americans find themselves moving up north to the land of maple syrup and universal healthcare; namely, Canada. It’s easy to see the draw: you’re still close to the friends and family you’ve left behind in the US, the language barrier is easily navigable, and it’s home to great skiing and the northern lights. If […]
If you’re one of the few expats who is required to pay estimated taxes, don’t wager your tax compliance on a lucky guess; this is one figure you’re going to want to be sure about. Is your guess as good as it needs to be? Find out below. How to Know if You’re on the […]
The Greenback team is eager to share some happy news with our fellow expats: we’ve been shortlisted for the 2019 Americas EMMAs (Expatriate Management and Mobility Awards) in three different categories. That’s right: we’re in the lineup once again for one of the most prestigious awards available to expat-focused companies. Greenback US Expat Tax Preparation […]
The IRS announced recently that your passport could be in jeopardy if you are behind on your US tax returns and owe taxes. This is, of course, particularly crucial for expats who often rely on passports for their livelihood as a vital part of their identification. Find out how to avoid the consequences of this […]
The April tax deadline is right around the corner. If your expat taxes are still on your to-do list, you may want to check out one of the many useful instruments Greenback has engineered for expats: our US expat tax calculator. What Does the US Expat Tax Calculator Do? Since Greenback was founded by expats, […]
Congressman George Holding, US Representative from North Carolina, has introduced a bill called the “Tax Fairness for Americans Abroad Act of 2018,” just before the Congressional holiday recess. The bill, also known as H.R. 7358, would exempt foreign income earned by US expats from taxation. This is huge news for all Americans living abroad; let’s […]
Rental property ownership abroad can be a profitable investment and a popular choice for expats looking to increase their income streams. Foreign rental properties owned by US citizens abroad are largely treated the same as domestic rental properties. However, there are a few caveats so read on to find out the facts about foreign property […]
When certain foreign trust, foreign gift, or foreign bequest transactions occur, the IRS requires Form 3520 to be filed to report such transactions. But don’t be intimidated: we’ve broken the information down into a simple guide for Americans living abroad – complete with examples! Do I Need to File Form 3520? The following situations will […]
Overwhelmed with tax time? Perfectly understandable! Having to sort through and locate tax documents can be quite overwhelming… maybe even downright stressful. Furthermore, as expats, the typical end of year 1099s or W-2s which can help summarize your tax data are not generated by foreign countries. To make this daunting task a little simpler, we’ve […]
While most taxpayers may be familiar with the need to file tax returns, they may not give too much thought to how the IRS tracks who has filed and who hasn’t. If you said “by Social Security Number,” you’d be right. But what if a taxpayer doesn’t have or cannot obtain a Social Security Number? […]
