Tax Tips for U.S. Americans Abroad
We scour and examine the complexities of IRS and state tax laws to make filing taxes as a US expat easy. Read our blog for useful expat tax tips and advice.
Actually it’s not! We’re serious – it’s really not that hard opening a foreign bank account as a US expat. It’s more that expats need to be aware of the additional reporting requirements… The Requirements FATCA (Foreign Account Tax Compliance Act) is a US federal law that requires all non-US financial institutions to report any financial records of U.S. Citizen customers to the U.S. Department of Treasury. If they don’t comply, doing business or having a partnership with the US will fall through.Read More