Blog
Do Foreign Citizens Living in the US Pay Inheritance Tax?
As a foreign citizen living in the U.S., it’s important to understand your tax liability in various scenarios. For example, suppose you just received an inheritance. Does that mean you must pay federal or state taxes as a resident alien living in the United...Top Audit Risks for US Expats
As an American citizen living abroad, you’re already at a higher risk of getting audited by the IRS. It benefits expats to learn why that is and how to lower their risk of being audited. Simply living abroad and being responsible for completing certain tax forms...FIRPTA Withholding Exemptions for International Real Estate Transactions
If you’ve recently purchased a home from a foreign person, you might have to withhold taxes from your disposition. Sometimes, homeowners are exempt from these requirements, so it’s important to learn whether or not you are. The Foreign Investment in Real...The Estate Tax for US Expats Explained
Inheriting an estate can be an emotional, complicated process. Unfortunately, there’s more room for confusion when inheritors live abroad. If you’ve recently inherited an estate as a U.S. expat, it’s important to know how estate taxes may affect you....Filing IRS Form 5471 for Americans Living Abroad
Although you may live abroad, that doesn’t make you exempt from filing important tax forms with the IRS. When it comes to confusing tax filing requirements, like IRS Form 5471, turn to an accountant you can trust. Americans living abroad generally have to file...