Legal Blog

Have a pick on my latest posts with up to date legal news and information to help you get updated on the developments of the law and how they might have an effect on you
Closeup of credit card and smartphone in woman's hands
FBAR Filing Requirements: What You Need to Know

Do you have to file an FBAR? I breakdown the requirements here for you...

4128
7394
2 min
Smiling man with newspaper reading the news with a cup of coffee:  <a href="https://www.freepik.com/free-photo/smiling-man-with-newspaper-cup-coffee_10676551.htm#page=3&query=tax%20updates%20good%20news&position=21&from_view=search&track=ais&uuid=40d61f3a-86d5-4e14-aa64-c42b548446ac">Image by gpointstudio</a> on Freepik
The Most Beneficial Tax Updates For U.S. Expats Coming in 2024

These changes can have a significant impact on your financial strategies, presenting both challenges and opportunities...

4971
6258
4 min
Young blonde female sitting at kitchen table with papers and portable computer with her baby son while he is staying at home with her<a href="https://www.freepik.com/free-photo/worried-upset-young-blonde-female-sitting-kitchen-table-with-papers-portable-computer-feeling-stressed-because-she-has-make-report-take-care-her-baby-son-while-he-is-staying-home_11193269.htm#query=child%20tax%20credit&position=23&from_view=search&track=ais&uuid=08752235-bf7d-475f-ac41-b4bcf0edd23d">Image by shurkin_son</a> on Freepik
What is the Child tax Credit?

Here are the key points to understand about the Child Tax Credit....

1892
2327
2 min
Happy woman in glasses makes winning gesture and sincerely rejoices. lady with red lipstick dressed in gray sweater looking at laptop. <a href="https://www.freepik.com/photos/coffee">Coffee photo created by lookstudio - www.freepik.com</a>
What is The Foreign Earned Income Exclusion?

This method allows American Expats to exclude more than $100,000 of income from being taxed in the US

3702
5061
4 min
Young female stundent traveller enjoying holidays in front of a historical university building. Image by <a href="https://www.freepik.com/free-photo/young-traveller-enjoying-holidays_9129390.htm#query=free%20student&position=45&from_view=search&track=ais">Freepik</a>
Student Loan Payments for American Expats Explained: How to Lower Your Student Loan Payments from Abroad!

Guidance for U.S. expatriates and how they can use the FEIE method to reduce their student loan payments and ease their financial burden while living abroad.

5789
7452
4 min
Photo of a hand putting money for savings in glass bottle for concept investment mutual fund finance and business, placed on textbooks. content money saving for ed<a href="https://www.freepik.com/free-photo/putting-money-coins-saving-glass-bottle-concept-investment-mutual-fund-finance-business-placed-textbook-content-money-saving-education_14779253.htm#query=college%20savings&position=48&from_view=search&track=ais">Image by jcomp</a> on Freepik
Understanding 529 College Savings Plans: Tax Deductibility and Implications for U.S. Expats

Are 529 contributions tax-deductible, and how do the rules apply to U.S. expats?...

1836
2309
3 min
Photo of a couple having fun while dancing together on the beach <a href="https://www.freepik.com/free-photo/couple-having-fun-while-taking-selfie-with-mobile-phone-beach_5195151.htm#query=free%20happy%20beach&position=18&from_view=search&track=ais">Image by wavebreakmedia_micro</a> on Freepik
A Guide to Filing U.S. Taxes for Expats: From Noncompliance to Peace of Mind

Step-by-step guide to help you become compliant with U.S. tax laws and gain peace of mind regarding your tax obligations...

1982
2724
3 min
Photo of a man working from home at desk while having a coffee. Image by <a href="https://www.freepik.com/free-photo/man-working-from-home-desk-while-having-drink_21076515.htm#page=2&query=remote%20worker&position=19&from_view=search&track=ais">Freepik</a>
Late with your U.S. Expat return? These are the consequences and your options

Filing taxes as an expat can be specially complex, and if you miss the deadline, it can lead to various unique and hefty consequences, but you have options...

2507
4892
5 min
Relaxed woman working from home on her laptop. <a href="https://www.freepik.com/free-photo/relaxed-woman-working-from-home-her-laptop_3679560.htm#query=expat&position=34&from_view=search&track=sph">Image by rawpixel.com</a> on Freepik
Paying Taxes When You Work Abroad

A breakdown of the minimum thresholds for filing taxes while you are working abroad

1005
2218
2 min
Two hands holding a gift. Image by <a href="https://www.freepik.com/free-photo/close-up-two-women-s-hand-holding-birthday-gift_3027244.htm#query=gift%20inheritance&position=36&from_view=search&track=ais">Freepik</a>
Reporting Your Foreign Trusts and Gifts: Everything You Need to Know About Form 3520

This form is used to report transactions with foreign trusts and the receipt of substantial foreign gifts or inheritances...

779
1392
4 min
Woman in straw hat using lap top while working remotely  <a href="https://www.freepik.com/free-photo/pretty-woman-straw-hat-using-lap-top-while-traveling-asia-working-remotely-stylish-tropical-cafe_23233194.htm#page=2&query=remote%20work%20business%20owner&position=32&from_view=search&track=ais">Image by svetlanasokolova</a> on Freepik
Unlocking Business Opportunities: Puerto Rico Tax Incentives in 2023

Discover the lucrative tax incentives Puerto Rico has to offer in 2023, including a 4% corporate tax rate, 100% exemptions on dividends and capital gains, and more

1972
4136
4 min
Laptop at seaside Image by <a href="https://www.freepik.com/free-photo/arrangement-with-laptop-seaside_14288139.htm#from_view=detail_serie">Freepik</a>
Lowering Your Taxes Under Puerto Rico ACT 22

Puerto Rico Law 22 is a tax incentive for business owners and individual investors...

2821
5763
7 min
Happy Couple working together on their computers while smiling <a href="https://www.freepik.com/free-photo/close-up-people-working-office_13274141.htm#query=happy%20working%20couple&position=3&from_view=search&track=ais">Image by gpointstudio</a> on Freepik
What is a a Qualified Joint Venture?

A qualified joint venture is a specific type of business arrangement...

3892
5764
4 min
Happy young woman closing laptop while talking cellphone- Image by <a href="https://www.freepik.com/free-photo/happy-young-woman-closing-laptop-while-talking-cellphone_3434469.htm#page=3&query=puerto%20rico%20work&position=24&from_view=search&track=ais">Freepik</a>
Tax Benefits Provided by the Puerto Rico Tax Laws for Remote Workers

In this post, we'll explore the new tax benefits available in Puerto Rico, including tax incentives for individuals and businesses, as well as the requirements for taking advantage of these incentives.

3901
5024
3 min
Young woman working on laptop while seated overlooking the sea <a href="https://www.freepik.com/free-photo/young-woman-working-laptop-vacation_4755360.htm#page=7&query=digital%20nomad&position=17&from_view=search&track=ais">Image by senivpetro</a> on Freepik
Countries that Offer Digital Nomad Visas

A comprehensive list of Visa-Issuing Countries for Digital Nomads...

3827
5274
22 min
Man working outdoors overlooking the sea from a glass balcony. Image by <a href="https://www.freepik.com/free-photo/full-shot-man-working-outdoors_13658999.htm#query=puerto%20rico%20remote%20work&position=10&from_view=search&track=ais">Freepik</a>
Working Remotely from Puerto Rico: How Puerto Rico's Tax Law Allows Remote Workers to Work from Paradise

This new legal provision allows non-Puerto Rico-based companies to employ workers even if or when they work remotely from Puerto Rico...

7584
5891
6 min
Relax couple lay down on beach chair with sea wave - man and woman have vacation at sea nature- https://www.freepik.com/free-photo/relax-couple-lay-down-beach-chiar-with-sea-wave-man-woman-have-vacation-sea-nature-concept_5073614.htm#page=2&query=island%20retirement&position=40&from_view=search&track=ais
How Are Retirement Plans Taxed in Puerto Rico?

While it is separate from the US IRA system, Puerto Rico has its own IRA system that offers both standard and Roth plans...

2839
3478
5 min
Portrait of asian woman business owner using digital tablet checking amount of stock product inventory on shelf at warehouse. <a href="https://www.freepik.com/free-photo/portrait-asian-woman-business-owner-using-digital-tablet-checking-amount-stock-product-inventory-shelf-distribution-warehouse-factorylogistic-business-shipping-delivery-service_25192338.htm#query=business%20export%20owner&position=32&from_view=search&track=ais">Image by Lifestylememory</a> on Freepik
A Comprehensive Guide to Qualifying for Puerto Rico's Act 60 Export Services Tax Incentives

Understand the ways in which businesses that are now contemplating a transfer to Puerto Rico might profit and benefit from doing so...

4927
5284
6 min
Young man sitting on his desk working on his computer filling out his tax form <a href="https://www.freepik.com/free-photo/tax-credits-claim-return-deduction-refund-concept_16470144.htm#query=taxes&position=49&from_view=search&track=sph">Image by rawpixel.com</a> on Freepik
Federal Tax Brackets and Tax Rates for 2022 and 2023

There are seven income tax brackets at the federal level. What are they, how do they work, and how do they affect you...

1902
3107
5 min
<a href="https://www.freepik.com/free-photo/friendly-business-team-waving-office-stairway_1304728.htm?query=young entrepreneur 5">Image by katemangostar</a> on Freepik
5 Ways to Lower Your Tax Bill in 2023

The new year is here and with it come many easy legal things you can do to pay less in taxes...

3044
5110
5 min
Man with beard using lap top and mobile phone sitting in outdoor cafe with tropical interior
Everything US Citizens need to know about the Digital Nomad Visa Spain will launch in 2023

Spain intends to issue its Digital Nomad visa to foreign remote workers in January 2023...

10927
7584
2 min
People voting in the United States elections Image by <a href="https://www.freepik.com/free-photo/people-registering-vote-united-states_18301085.htm#query=vote%20united%20states&position=33&from_view=search&track=sph">Freepik</a>
How American Expats Can Vote in US Elections from Abroad

US citizens residing abroad have the exact same right to vote in federal elections as US citizens living within the nation...

102
694
6 min
Female fitness instructor using laptop to teach a class from home- Image by <a href="https://www.freepik.com/free-photo/female-fitness-instructor-using-laptop-teach-class-from-home_23674959.htm#query=working%20from%20home&position=28&from_view=search">Freepik</a>
How do you know if you should register an LLC?

Pros and Cons that you can use as a guide to know whether an LLC is the right business entity for you.

2861
4002
5 min
Man with blue collar shirt using a calculator with a sheet of paper in right hand
Everything You Need to Know About Gross Income

Here I explain what a gross income means and how it relates to taxes

1071
2214
4 min
Young couple unpacking boxes in new apartment with small dog
How to Become a Bona Fide Resident of Puerto Rico

Learn more about the requirements of becoming a bonafide resident of Puerto Rico and how to satisfy the residency tests

1302
3098
5 min
Curly-haired brunette woman in oversized jacket and white pants smiles, holds phone and leans on table in office
Tax Tips for Self-Employed Persons

My tax tips for those of you that are your own boss!

1226
2983
4 min
Young man carrying young woman on his back as they enjoy the beach
Puerto Rico Tax Benefits and Cultural Richness

Puerto Rico tax benefits and more: Brief overview of appealing tax incentives and a description of some of the beautiful cultural traditions of Puerto Rico

2002
3981
5 min
View of island buildings in front of the ocean.
Tax Benefits of Investing in an Opportunity Zone

Learn what an Opportunity Zone is, how to get the most out of your capital profits, and what type of investment activities are eligible

1121
2156
2 min
Elegant business-lady in trendy black jacket holding laptop and smiling in a modern looking office.
How can your Business Qualify for S Corporation Status

Look into what an S corporation is and how to qualify for the status

1548
2604
2 min
Happy family jumping in green nature <a href='https://www.freepik.com/photos/tree'>Tree photo created by freepik - www.freepik.com</a>
The Advanced Child Tax Credit for American Expats

Millions of American families have received monthly advance Child Tax Credit payments...

1729
2236
2 min
Woman with open arms looking at the blue sky
Step by Step Guide of U.S. Citizenship Renunciation

Answering all your questions about the US Citizenship Renunciation process, including exit tax, and how to stop being subject to US taxation from abroad...

2093
3189
7 min
Couple sitting and resting on beach playing guitar on a summer day at the beach <a href='https://www.freepik.com/photos/friends-travel'>Friends travel photo created by master1305 - www.freepik.com</a>
How are Roth IRA withdrawals taxed in Puerto Rico?

A guide on how Puerto Rico honors Roth IRA tax free withdrawals...

2877
3426
3 min
Summer adventure . Couple standing in front of a lake while holding hands and raising the arms up in the air while enjoying the view.<a href='https://www.freepik.com/photos/pension'>Pension photo created by pressfoto - www.freepik.com</a>
How is self-employment income taxed for American Expats?

A self-employed expat or digital nomad will basically be subject to two forms of US taxation...

1002
1793
3 min
Businesswoman leader smiling in modern office with businesspeople workin g <a href='https://www.freepik.com/photos/woman-leader'>Woman leader photo created by javi_indy - www.freepik.com</a>
All you need to know about Form 5471

U.S. citizens and residents who own foreign companies: You must know about this form and understand its requirements

792
1054
9 min
Young asian woman working using laptop on desk in living room at home. Asian business woman success celebration feeling happy dancing at home office<a href="https://www.freepik.com/photos/business">Business photo created by tirachardz - www.freepik.com</a>
Gross Income vs. Net Income

What are the main differences between Gross Income and Net Income

983
1326
3 min
Positive young woman with afro haircut, dressed in fashionable clothes looking at her cell phone while smiling. <a href='https://www.freepik.com/photos/coffee'>Coffee photo created by wayhomestudio - www.freepik.com</a>
What is Adjusted Gross Income

In this short blog post I explain to you what is Adjusted Gross Income (AGI)...

759
1283
2 min
Serious asian husband checking analyzing statement utilities bills sitting together at home. <a href="https://www.freepik.com/photos/family">Family photo created by our-team - www.freepik.com</a>
5 Tips to Help File Your Tax Return as an American Expat

Follow these tips to make things a little easier for your tax return as an expat...

2849
3207
2 min
Happy smiling girl in outdoors street coffee shop cafe sitting at table with laptop pc computer, texting message on mobile phone friend, in restaurant during free time <a href="https://www.freepik.com/photos/business">Business photo created by ViDIstudio - www.freepik.com</a>
What is the Foreign Tax Credit?

The Foreign Tax Credit is the primary provision that allows US citizens living abroad to avoid double taxation...

2009
2823
4 min
<a href="https://www.freepik.com/photos/business">Business photo created by our-team - www.freepik.com</a>
What is Gross Income?

Learn about gross income and how it works...

1089
2147
2 min
close-up-hands-man-working-place-woth-laptop-monitor-screen-holding-phone-bitcoin
Do You Have to Report Crypto Currencies on FBARs?

Investments in virtual currencies have become more popular, and now investors are dealing with the tax compliance aspects of this new type of investment...

947
1051
2 min
topview-workspace-with-laptop-coffee
Tax Implications of Remote Work Arrangements in Puerto Rico

The most relevant tax considerations of a temporary or permanent transition to remote work from Puerto Rico...

783
1022
6 min
Business man standing by a big luxurious white car <a href='https://www.freepik.com/photos/business'>Business photo created by senivpetro - www.freepik.com</a>
How the Rich Save on Taxes

Learn the Top 5 Strategies Successful People Use to Pay Less Taxes

2137
2894
7 min
Piggybank wearing a graduate hat standing on top of three big books <a href="https://www.freepik.com/photos/background">Background photo created by kstudio - www.freepik.com</a>
Foreign Earned Income Exclusion impact on your Student Loan Repayment

Understand how the Foreign Earned Income Exclusion might be a beneficial option for you as a U.S. expats who has student loans...

1571
2328
6 min
Young african woman siting at cafe smiling and working on laptop <a href="https://www.freepik.com/photos/coffee">Coffee photo created by diana.grytsku - www.freepik.com</a>
What is FATCA?

The Foreign Account Tax Compliance Act (FATCA) forms an essential part of the U.S. efforts to combat tax evasion by U.S. persons ...

789
924
3 min
Hundred dollar bills in a decorated gift box <a href="https://www.freepik.com/photos/background">Background photo created by jannoon028 - www.freepik.com</a>
Understanding Gift Taxes

Will I be taxed on the money or asset I receive as a gift? Will I be taxed for giving money or assets?

913
1022
3 min
Puzzled brunette woman with curly long hair holding clock showing time after 8 gesturing like she is late but not worried, over peach background
Filing Past Due Tax Returns

Why and when should you file your tax return once the deadline has passed...

196
422
2 min
Young couple managing their budget at home
Filing a Tax Return After Using the Non-Filers Tool

If you sent the IRS your bank information using the Non-Filers: Enter Payment Info Here and now need to file a 2019 tax return, you must amend your submission.

327
511
1 min
hand-holding-dollar-banknote-money-wood-background
Q&A: All your questions answered about the stimulus payments

On this post you will get answers to the most asked questions about the stimulus payments to understand if you will receive or should have received any of these payments, guide you on what you should do to receive the funding you are eligible for.

786
1024
5 min
Man holding several bills of U.S. dollars standing over a blackboard with drawn dollar signs
What You Want to Know About All the COVID-19 Stimulus Payments

This blog post will help you understand if you will receive or should have received any of the stimulus payments, and provide guidance on what you should do to receive the payments you are eligible for.

584
772
9 min
Diverse group of Americans standing  in front of an American flag
Are Non U.S. Citizens Eligible for the Stimulus Payments?

Get to know everything about your eligibility to receive the Stimulus Checks based on your Immigration status in the U.S.

587
791
4 min
Happy family looking at a tablet
Claiming a Dependent on your Tax Return as an Unmarried Couple

Things can get a bit more complicated when both you and your partner have similar roles on your dependent's life and support and you're not filing a joint return as a married couple... Learn your options!

317
578
2 min
Man holds, gives a bag of money in hand like a bonus.
The IRS is done sending stimulus checks- Here's what you should do to get your money if you were eligible but missed out.

The IRS said that it has issued all Economic Impact Payments for now, so if you were eligible but missed out on getting your payments: Read this post to know what you should do to claim them...

557
712
3 min
Do you have to file taxes from abroad this year in the U.S.?

Quickly learn through this post what are the tax filing thresholds for the 2020 tax year, and check whether you have to file U.S. taxes based on your worldwide income and filing status...

301
448
1 min
Smiling young man talking on mobile phone
Easy Ways to Contact the IRS

How can you speak with a live person at the IRS? In this blog post I share 5 easy ways to get in contact with the IRS

378
522
5 min
text, are you ready? appearing in torn brown paper
2021 Tax Season Starts February 12: Here’s what to expect.

This is a late start to the tax season, and with stimulus payments that still need to be issued, and 2019 returns not yet processed, I want you to be ready to get bigger and quicker tax refunds this season...

548
722
6 min
Hand holding a jar of heart tree growing on money coins
Claiming your Charity Tax Donations for Tax Year 2020

Donations are oftentimes tax deductible and I want to explain to you briefly how you can get the most taxes benefits for the donations you make...

386
442
3 min
Man's hands holding a  piggy bank
What reliefs are in the Second Stimulus Package?

Here's a list of the key provisions of the new stimulus package...

471
527
2 min
Man in suit and tie hold in arm pack of hundred of dollars
Everything you need to know about the SECOND Stimulus Payment

Congressional leaders on Sunday reached a deal on a $900 billion COVID-19 economic relief package. Here’s everything you need to know...

874
1002
3 min
Father holding his daughter on shoulders and laughing
Will American Expats living abroad qualify for the new stimulus check?

If you're an American living oversees, you need to comply with these simple requirements to get your stimulus payment...

382
597
2 min
Woman wearing a red holiday hat and a mask with holiday lights on the background
Legal Travel Tips for the Holidays

If you have made the decision to travel for the holidays make sure you follow these tips and prepare to travel legally covered...

337
629
3 min
Woman making a phone call and using her tablet while seating the back seat of a car
Yearly Tax Due Dates for American Expats

As an American living abroad, there may be more forms to file and more dates to remember than your tax teturn due date. To make sure you're right on track with your tax filing duties, be sure to add these US expat tax deadlines to your calendar every year!

368
592
6 min
Businesswoman typing on laptop and writing on notebook
All you need to know about ITIN -Individual Taxpayer Identification Number

Non-U.S. citizens who don’t qualify for a SSN, can use an Individual Taxpayer Identification Number (ITIN) to file their tax returns...

289
473
2 min
Miniature letter blocks that spell TAX with an escalator that steps up to a piggy bank that is saving money
What is the Standard Deduction?

The amount of your standard deduction is based on three main factors...

127
283
2 min
Young female having concentrated expression looking at screen of open laptop, holding paper and cup of coffee in her hands
Limits to the Standard Deduction

Not all taxpayers qualify for the standard deduction...

73
102
1 min
The hand of a man pressing numbers on a calculator at a desk
Standard Deduction vs. Itemized Deductions

In order to deduct the amount of income that will be subject to U.S. taxes, you are allowed to select one of two types of deductions...

194
336
2 min
Woman in front of a black board with questions marks
What happens if You Do Not Pay Your U.S. Taxes While Living Abroad

If you don't live in the United States, why do you have to file taxes there? There are two main reasons...

287
412
1 min
Couple hugged on a bridge
Filing Taxes as an American Citizen Married to a Non- U.S.Citizen

When filing your U.S. taxes, you may be asking yourself: If my spouse doesn't have a Social Security Number, what should we do?...

296
712
1 min
Two persons shaking hands
How to Know if You Need to Hire a Tax Attorney

If any of these situations sound like yours, it is best to immediately contact a tax attorney...

178
452
3 min
Girl looking at the beach from a hill
Countries Where Americans Can Travel To Right Now

Some countries around the world are starting to welcome tourists back, Americans included...

217
636
3 min
Girl happily jumping in the middle of the street
The European Union Officially Blocks U.S. Travelers Entry when Borders Reopen on July 1st

The member states of the European Union had drafted two lists: one for the countries that will be allowed to enter, and one for those that will not be allowed to enter...

298
912
2 min
Stack of passports with a lock over them and a piece of paper with COVID-19 message
All You Need to Know About the Suspension of Workers' Visas in the United States

The Trump Administration is attempting to reform the immigration system to what they have called a Merit- Based Immigration System...

217
778
3 min
Letter from the United States Citizenship and Immigration Services
USCIS Reopens & Restores Services

Some local Citizenship and Immigration Service (USCIS) offices have reopened and restored some services to the public...

184
590
2 min
Girl waving a United States flag
U.S. Supreme Court Defeats Trump's Attempt to End DACA - This is its Trajectory

In September 2017 President Trump announced that under his administration he would terminate DACA, leaving something close to a million recipients of the program unprotected and vulnerable under the law...

211
841
8 min
Person giving the passport to another person
Certificate of Eligibility for Nonimmigrant Student Status

The I-20 Form is a mandatory document when applying for the F-1 and M-1 visas...

461
749
2 min
Airplane flying over skyscrapers
Travel Restrictions in the U.S. and your Immigration Rights

All you need to know about the immigration and travel restrictions that have been imposed due to Covid-19 in the United States and your solutions to avoid accumulating illegal presence...

487
768
4 min
United States flag behind a fence
United States' borders with Mexico and Canada to remain closed

United States' borders with Mexico and Canada will remain closed until further notice for non-essential travel...

317
486
2 min
People protesting with banners and slogans supporting immigration
Facts About Immigration in the United States

5 things you probably didn't know about immigration in the United States...

91
432
1 min
Girl carrying a trolley in the airport
Travel Permit Extensions in the U.S.

The method you will be able to use to extend your stay, will depend...

57
96
4 min
Person holding and showing a United States passport