60 articles
Posts tagged with “US Tax”
Accidental Americans: Understanding Your U.S. Tax Obligations and Paths to Compliance
Discover your U.S. tax obligations as an 'Accidental American.' This guide covers expat tax rules, compliance options like Streamlined Procedures, and the complex tax implications of U.S. citizenship renunciation. Get clear, practical advice for foreign-born U.S. citizens.
What Triggers an IRS Audit for U.S. Expats? Common Red Flags and How to Prepare
Demystify IRS audit triggers for U.S. expats. Learn common red flags like unreported foreign income, FBAR, and FATCA discrepancies. Discover how to avoid an IRS audit and prepare for expat tax compliance with our expert guide.
Decoding PFIC: Foreign Mutual Funds and Form 8621 for Expats
Unravel the complexities of Passive Foreign Investment Company (PFIC) rules and their severe tax implications for U.S. expats investing in foreign mutual funds.
IRS Audits & Act 60: How to Stay Compliant and Avoid Pitfalls in Puerto Rico
Learn audit triggers, how to demonstrate bona fide residency, and best practices for maintaining compliance with both Puerto Rico and US tax obligations.
5 Common U.S. Expat Tax Myths Debunked
Learn the truth about U.S. taxes living abroad, FBAR threshold myths, and common expat tax mistakes.
Moving Back to the U.S.? Your Tax Guide for Repatriating Expats
Moving back to the U.S. as an expat? Understand your U.S. tax obligations, including tax residency rules, foreign asset reporting (FBAR/FATCA), state tax considerations, and filing your final expat return. Get your expat return tax guide for a smooth transition.
Puerto Rico vs. US Taxes: Key Differences You Need to Know
Explore key differences between Puerto Rico and US tax laws for individuals and businesses. Understand residency, income taxation, incentives, and reporting.
Your U.S. Expat Tax Checklist: What to Do Before You Move Abroad
Planning your U.S. expat relocation? Use this essential tax checklist before moving abroad. Understand U.S. tax obligations, state tax residency, FBAR/FATCA, and key tax planning steps for leaving the U.S. tax compliant.
FBAR vs. FATCA: Understanding Your U.S. Reporting Obligations for Foreign Accounts
Clarify the difference between FBAR and FATCA, understand U.S. foreign account reporting requirements for expats, who needs to file, what forms are required (FinCEN Form 114, Form 8938), and the severe penalties for non-compliance with offshore accounts rules.
Foreign Earned Income Exclusion vs. Foreign Tax Credit: Which is Right for Your U.S. Expat Taxes?
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...
Strategies to Reduce Taxes in Puerto Rico on U.S. Source Dividends and Interest
Reduce or Eliminate U.S. Taxation on Dividends and Interest While Residing in Puerto Rico.
PR vs. US Tax on Capital Gains, Interest, and Dividends
Differences between capital gains, interest, and dividends—and how they are taxed, especially if you're considering a move to Puerto Rico
Tax Considerations and Strategies for Expats in 2025
Explore the key tax considerations and strategies for expats this year.
