Returns

Working US citizens have tax obligations

Earning Less than $10K – Do I Still Have to File a Tax Return?

Contrary to popular belief, the U.S. tax filing obligation does not end when you move to a new country. The IRS taxes all Americans on their worldwide income, meaning your income in euros, yen, pounds, pesos, or whatever the currency your paycheck comes as all have to be reported on a tax return. Would there …

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Scenarios of Americans working abroad

Two Relatable Tax Scenarios for Americans Working Abroad

For someone seeking the adventure of cultural exchange but bearing the financial responsibility for oneself and others, perhaps an overseas job can be a happy solution. It can be a foreign work assignment, a business opportunity, or a serendipitous whim. But when it comes to the tax situation, the international transfer may not look all …

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US Dollar in a sea of other foreign money

Dear Expat American, Do You Have a Foreign Bank Account?

By now you should be aware of your U.S. income tax filing requirement. Every U.S. citizen who meets the filing threshold must file a U.S. tax return regardless of the current resident country. Basically, you must continue to file U.S. tax returns even for the income you generate in your foreign residence. In addition to …

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