Category Archives: Taxation

State Tax for Expats
07/14/2014 - 2:50 PM
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If you are planning to live, work, or invest offshore, you need to plan for your state taxes.  This State Tax For Expats guide will help you eliminate your state’s taxes and keep you out of trouble with local tax authorities. If you move offshore, and plan to return to your home state, then your
IRS Levy
07/09/2014 - 2:46 PM
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If you are a U.S. citizen living abroad, you have the same rights and responsibilities when it comes to your expat tax debt as those stuck in America.  The IRS has ever increasing powers to collect on that expat tax debt, so it is in your best interest to get into compliance and make arrangements
Retire Abroad
07/07/2014 - 2:03 PM
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If you have unreported offshore bank accounts or foreign assets, the IRS has one last best offer called the 2014 IRS Offshore Settlement Program.  Come forward and, if you are living offshore, pay no penalties.  If you are living in the U.S., pay only 5% for a fresh start. This, the third installment of the
Real Estate in an Offshore IRA
06/12/2014 - 1:16 PM
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So, you’ve diversified your retirement account and invested in real estate in an offshore IRA. . .great.  Now you need to take a distribution, what should you do?  In this article, I will describe how to distribute real estate in an offshore IRA.  Rental real estate in an offshore IRA is one of the highest returning
Cheap offshore Company
04/25/2014 - 3:01 PM
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When you first move offshore, you will need to know how to prorate the foreign earned income exclusion. This is because, you will be using the physical presence test in your first year and, presumably, won’t move abroad on January 1, so you will need to prorate the foreign earned income exclusion. Let me take
Seize Your IRA
04/18/2014 - 4:57 AM
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Good news for those American’s living and working abroad. The Foreign Earned Income Exclusion in 2014 has been increased to $99,200. This means that you can exclude up to $99,200 in salary for 2014 on Federal income tax return if you are a resident of another country or are abroad for 330 out of 365
Retire Abroad
03/28/2014 - 4:19 AM
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As you, the American with investments abroad, get ready to prepare your 2014 tax return, there are important new FBAR filing requirements for 2014. Some of these FBAR filing requirements are cosmetic and others could get the misinformed in hot water. Note: If you have no idea what an FBAR is, you might check out
US Person for tax purposes
03/10/2014 - 4:13 PM
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Who must pay US taxes you ask? Who is a US person for tax purposes? Who is in the crosshairs of the IRS? The answer is not quite as simple as you may think…and something that confuses many people living and operating a business in the US. Who is a U.S person for tax reporting
U.S. Source Income
10/16/2013 - 11:48 AM
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We get a lot of good questions from Expats around the globe during the April 15 and October 15 tax seasons. Here are a few from this go-round. Moving to a High Tax Country Q: “I’ve just moved to Australia in the last year.  I currently have very little assets in the US and am
finance real estate overseas
09/19/2013 - 2:00 PM
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Do you own property outside of the United States? Are you thinking about investing in offshore real estate? Are you an offshore real estate mogul looking to reduce or eliminate your US taxes? This article will cover all areas of US taxation of offshore real estate and provide insider tips and techniques to get your