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How to Pay Back (Overdue) US Taxes from Overseas

All Americans, including those who live overseas, have to file annual tax returns with the IRS. If you were unaware of this and owe back taxes, how can you pay them? If you owe taxes to the IRS and you live overseas, you can pay them just as you would if you lived...

Does Dual US Citizenship Affect Taxes?

Having dual U.S. citizenship, meaning you have citizenship with the U.S. and a foreign country, can impact your taxes, depending on where you live. If you live abroad, you will have to claim certain credits and exclusions to avoid double taxation. Having dual...

Tax Implications When Forced Home to the U.S. From Abroad

Living and working abroad can be a great experience, but it does not always end the way we want. Due to circumstances beyond their control, some people may be forced to return home to the U.S. suddenly. This can be difficult for numerous reasons, including paying...

If I Owe US Taxes but Live Abroad, Can I Return to the US?

Owing taxes to the IRS while living abroad can put you at risk of losing your U.S. passport. If owe taxes to the U.S. but live abroad, you might not be able to return to the U.S. until you settle your debt with the IRS. In fact, your U.S. passport might be revoked,...

Expat Tax Planning Guide

Planning and preparing your annual tax return is already stressful enough. But what happens when you move overseas? How can you plan your taxes as an American expatriate? Tax planning is a process that involves reviewing your tax filing requirements and looking into...

What Should You Do with Your Roth IRA When Moving Abroad?

While you might be spending the next few years in another country – or even the rest of your life – it is still important to plan for retirement.  Many people use IRAs because they are a unique, well-structured way to save money and leverage tax-free...
6 Common Taxpayer Mistakes