As tax season kicks off in late January, the Internal Revenue Service (IRS) anticipates that approximately 140 million taxpayers will file their returns in 2025. Among these are U.S. citizens ...
Speak with a U.S. tax attorney or accountant with experience helping Americans abroad address their U.S. tax obligations. Your current tax advisor may not be familiar with this part of the tax code.
Retiring abroad has lots of advantages, but reducing your tax bill isn’t one of them. As long as you’re a U.S. citizen, you’ll still be required to pay U.S. taxes on income from your ...
As an institution of higher education, the staff in the Haenicke Institute for Global Education are not authorized to offer tax preparation services or advice. Therefore, staff cannot answer specific ...
About 5.2 million Americans live abroad — more than the populations of Chicago and Houston combined. Under the U.S. system, they owe income tax not only to their country of residence but to the ...
In closing, the death of an American abroad presents a unique set of challenges when it comes to managing estates and navigating U.S. tax obligations. Shedding light on the complexities of this ...
Trump's promise to help U.S. citizens living abroad concerns policies that can require Americans to pay taxes in the country where they reside and to the U.S. government. The U.S. has bilateral ...
Expats must also understand their tax obligations ... annual tax filings for American expats. “The U.S. is one of the few countries that requires citizens living abroad to file taxes,” says ...
Reasons vary, but tax complexities that particularly plague Americans overseas and political dissatisfaction ... laws but often do not understand their obligations. They must annually pay tax ...