Our blog
Spreading the joy of information with you
Sorting out PFIC problem for US expat living in Canada
We are excited to share another success story of our client, who was facing a problem with PFIC. Check out Robin’s story and learn what...
Taking advantage of the Foreign Earned Income Exclusion as a US expat
Today we present you Mark’s story and the Foreign Earned Income Exclusion (FEIE). Mark, a US citizen, recently moved to Ecuador and got a...
Tax table: 2017 Federal income tax brackets
Updated on March 5th, 2018 2017 Federal income tax brackets for taxes due April 17th, 2018 There are seven tax brackets and depending on...
How a nomad, US expat, became compliant with US taxes
We are starting a series called "Success story". We share how 1040 Abroad solved US expat's tax problems, which our clients were facing....
Tax penalties for US expats: failure-to-pay and failure-to-file
The topic of tax penalties for US expats can be intimidating and scary. U.S. international tax law can be complicated as well. That is why...
What US expats need to know about Streamlined Procedures
Many U.S. expats do not know that they have to file their tax returns while living abroad. The IRS introduced few amnesty programs and one...
Top 7 Myths about U.S. expat taxes
It’s easy to misunderstand the U.S. tax laws. Many people struggle to sort out the truth about U.S. international taxation because of its'...
10 Quick Facts about FBAR for Americans abroad
Many forget or get confused about FBAR requirements for Americans abroad. But it's important to understand that failure to file the FBAR...
Why is it important to file your tax returns?
Taxes can be intimidating not only for newbies but also for pros. It is crucial to understand why you need to file your tax returns and...
Self-employment tax for U.S. citizens abroad
Americans who work for themselves must pay their own version of Social Security. It is called " the Self-Employment Tax". This tax applies...
How to legally save money on income tax
As we know, the rules for filing income, estate, and gift tax returns and paying estimated tax for US citizens or resident aliens are...
How to use Split Onshore/Offshore Structure to Avoid US Social Security Tax
And this week’s question comes from a digital nomad Chiang Mai, and the question is: Do self-employed US citizens abroad have to...
Are TFSAs Trusts Under US Tax Law?
This week’s question is a follow-up from last week’s blog post but comes from Loretta from Quebec, Canada. The question is: So, are TFSAs...
Are RESPs Trusts Under US Tax Law?
This week’s question comes from Amy from Canada. "I have heard that Canadian RESPs (Registered Education Savings Plans) may be considered...
