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How Filing my Expat Taxes Changed from a Nightmare to a Dream

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I wrote this article back in 2013, and I've happily used Expatriate Tax Returns every year since - until now. FWIW, I plan to go back to them next year. I'll explain what happened in another article. This year, for the first time in a couple of decades, I hired someone to prepare my tax return. I've done it myself for years, using TurboTax. This year, though, it got out of hand. Rather than mess with our expat taxes myself, I decided to hand the whole mess off to a professional. As US …

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US Expat Taxes & FATCA: How do Expats Comply?

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Guest Post by ZM Ishmurzina, MBA, CPA Confused about some of the filing requirements for your US tax return as an expat? Here's some clarification about the FATCA and FBAR forms. On November 8, 2012 the U.S. Department of the Treasury announced that it has been pursuing extensive negotiations with over 50 countries to improve international tax compliance and to implement FATCA. If you want to know more about FATCA, please read What is FATCA. Panama is not among these 50 countries as of …

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Advice for Expats from the Online Taxman

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Guest Post by Vincenzo Villamena There are many rewards, as well as challenges, for Americans who choose to live outside of the U.S. Amongst all the cultural and language barriers, there is still one fact that remains regardless of where you are living in the world –- you need to file your U.S. tax returns! There are a handful of exceptions to this rule based on your gross income, filing status and age, but they are few and far between. One common misconception is that you don’t have to …

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Expats, Prepare and Beware the Tax Man

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Dear Future Expats, This is not the column I had planned for today. However, when I got this letter in my mailbox yesterday, I knew I had to share it with you ASAP. It's from Leif Simon of Live & Invest Overseas. I'll have a few further comments at the end. . . "The IRS is grabbing headlines again this week. Unfortunately, this time, it's at the serious expense of a friend of mine, U.S. tax attorney Chris Rusch. "Kathleen and I spent last week with Chris in Medellin. He was a presenter at …

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