As we close out September, we’re recapping the latest and greatest with this week’s Expat Tax News Roundup. We’ll cover US taxes for expats, a guide to the most common expat forms, why you may need an ITIN, what you should know about the Offshore Voluntary Disclosure Program, and more!
Submit Your Documents by October 1st to Meet the Final October 15th Deadline
October 15th is less than three weeks away! If you requested an extension by June 15th, this is the deadline you need to meet in order to avoid penalties. Reminder: if Greenback is prepping your taxes this year, we’ll need your questionnaire and other assorted documents by October 1st, so don’t delay! Read more about the deadline in our recent article.
Offshore Voluntary Disclosure Program Closure
The Offshore Voluntary Disclosure Program ends today, September 28th, 2018. If you’re a taxpayer who isn’t up to date on your US tax returns, there’s no better time than now to talk to a tax practitioner about getting into compliance. Here are five things expats need to know, and if you happen to fall into this category, take action right now.
Expat Tax Forms Made Easy
It’s no secret that US taxes for expats are complex. The US tax code contains over 74,000 pages, and most of them are hard to comprehend. Our experts have compiled a guide to help you understand the most common expat tax forms you may come across as an American living abroad.
What’s an ITIN and Who Needs One?
If your situation requires you to file an expat tax return, you’ll need a Social Security number (SSN) or an Individual Taxpayer Identification Number (ITIN) in order to file. For those not eligible for a Social Security number, a nine-digit ITIN will be required, and it is only useful for tax purposes. Learn how to obtain an ITIN for your tax return here.
Tax Reform 2.0
Did you miss the recent updates on the latest tax reform changes? The expert accountants at Greenback have put a magnifying glass to Tax Reform 2.0, and culled the information that could affect expats if Tax Reform 2.0 is passed. Find out what you need to know!
Greenback Review of the Week
Thanks to Diane for this review. We’re glad you had a great experience!
Make Your Voice Heard
We’re excited to partner with the Overseas Vote Foundation to help spread awareness of how expats can vote abroad. The November mid-terms will be here before you know it! Learn more about voting as an American expat here.
Who doesn’t like to get rewarded? When you tell your friends about your experience with Greenback you’ll receive $25 off your next tax prep services with Greenback once they’ve completed their Federal Tax Returns. Refer a friend today!
Questions About US Taxes for Expats?
We’re here to help! Contact us today and we’ll help you to get those taxes done by the October deadline.