Understand the two main methods for reducing U.S. tax on foreign income, the Foreign Earned Income Exclusion (FEIE) and the Foreign Tax Credit (FTC), and learn how to choose the most beneficial one for your U.S. expat taxes based on your situation...

Stay informed on Puerto Rico tax reform. Learn about the latest changes impacting individuals, businesses, and investors under new tax laws and Act 60.

Stay compliant with Puerto Rico tax law. This guide covers deadlines, filing requirements, & avoiding penalties. Essential for individuals & businesses.

Explore the key tax considerations and strategies for expats this year.

Your guide to understand the Corporate Transparency Act and the BOIR Filing Obligations...

The Foreign Housing Exclusion allows US expats to exclude certain housing expenses paid for with foreign-earned income...

From Acts 20 and 22 to Act 60: What You Need to Know About Puerto Rico's Updated Tax Incentives..

Learn all about the special program designed for U.S. persons residing abroad who have failed to file their US taxes...

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

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

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

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

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

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.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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!

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...

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

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...

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

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

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!

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

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

Not all taxpayers qualify for the standard deduction...

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...

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

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?...

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