Blog
Do Americans Abroad Have to File IRS Taxes?
When moving abroad, many prospective expatriates are often concerned about their American tax liability? Will you have to report your income to the IRS? Do you have to pay taxes? To put it plainly, yes. You will have to file taxes with the IRS if you are an American...How Does the Timing of My Move Affect My Tax Residency Status and Filing Requirements?
How long you have lived somewhere might impact you come Tax Day, especially if you have recently moved. The timing of your move could dictate your residency status and, by extension, tax filing requirements in the United States. Expats that move abroad will always...Do Americans Abroad Have to Disclose Accounts and Assets?
Generally, American citizens must disclose information about various assets and accounts when filing their taxes. However, the situation might be different for Americans living abroad. Americans should be reporting information about assets and accounts when they file...Are There Any Tax Incentives for U.S. Citizens Moving Back to the U.S.?
If you’re a U.S. citizen living abroad for long enough, then you might be familiar with how you still need to pay U.S. taxes and how you can often take advantage of the Foreign Tax Credit to reduce your U.S. tax burden by the amount paid in taxes in the foreign...Can I Avoid Capital Gains Tax on Inherited Property?
If you recently you inherited a property and are weighing the pros and cons of selling it, you should consider the possibility of having to pay capital gains taxes on its sale. Fortunately, there are ways you can avoid paying taxes on inherited property. ...