Greenback Expat Tax Services
Tax Reform 2.0 passed the House in late September right before the midterm elections. Now that the midterms have passed, we’re looking to see where the bills tied to Tax Reform 2.0 stand. As you may recall, the Tax Cut and Jobs Act passed last December. However, most of the individual and some small business […]
Whether this is the first time you’ve heard the term cryptocurrency or you’re a crypto-connoisseur, this is relatively new territory – and you’ll want to understand precisely how this new currency can affect your expat taxes. What exactly is cryptocurrency? Is it an investment? Is it legal tender? And, how does the IRS treat cryptocurrency? […]
Expatriate tax preparation can sometimes feel like a tough process. It doesn’t have to be! Understanding what docs to provide will make the process go smoother on both sides. BASIC INFORMATION Tax Questionnaire Once you engage an accounting practice for your overseas tax return preparation you will likely be provided with a “Tax Questionnaire.” This form […]
2018 is nearing its end, and a little bit of planning can help you have a smooth transition into the new year. Use our five-step checklist to ensure you are as prepared as can be for 2019. #1: Gather Your US Travel Documents First things first: find your documents that demonstrate how much time you […]
Is there anything more romantic than taxes? Well, probably. But that doesn’t mean you and your spouse should avoid the issue altogether, especially if one of you is a non-US citizen. The fact is that the rules for filing joint taxes as a married couple in the US don’t differ greatly if your spouse is […]
‘Tis the season for friends, family, and holiday cheer! It’s the time of year when no matter where you live, life becomes busier than usual and we will say goodbye tax year 2018 and welcome tax year 2019! And we’re not the only ones who have been busy. Let’s take a look at the latest […]
Happy Friday to our expat community! This week’s roundup covers expat taxes for US employees on foreign assignments, what you should know about business credit card rewards, a guide for buying and selling real estate in other countries, and Greenback’s $1,000 Hotels.com giveaway! US Expat Taxes for US Employees on Foreign Assignments As the trend […]
What a big news week for American expats! As always, and we’ve searched high and low to bring you the biggest expat news from around the globe. This week’s roundup covers birthright citizenship, the IRS e-filing shutdown, preparations for year-end tax planning, the expat turnout from this past week’s midterm elections, and more! Expat Tax […]
With the year drawing to a close, now is the perfect time to ensure your finances are in great shape. If you are a US expat living and working overseas, we recommend using these important tips and tricks to optimize your tax position. Listed below are a few important ideas to consider before this year […]
Many foreign countries require residents to remit taxes to the host government, regardless of the citizen’s nationality. For this reason, many US expats have an opportunity to claim the Foreign Tax Credit on their US expat taxes. The Foreign Tax Credit is claimed on US expat taxes by completing Form 1116 and attaching it to an […]
