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FBAR Extension: Key Deadlines, Rules, and Penalties
The FBAR deadline is April 15, but if you miss it, you automatically get an extension to October 15. You don’t need to file a form or take...
How Far Back Can the IRS Audit You?
The IRS can typically audit tax returns filed within the last three years, but depending on the situation, that window can expand to six...
How to File Past Due Tax Returns and Minimize Penalties
If you're a U.S. expat who hasn't filed taxes in years, you're not alone—and you're not out of options. Many Americans abroad miss the tax...
Who Is Exempt from FATCA Reporting
The Foreign Account Tax Compliance Act (FATCA) was enacted in 2010 to combat tax evasion by U.S. taxpayers through foreign accounts. FATCA...
US Federal Estate Tax May be Payable by Canadians
Many Canadian residents are unaware that they could be subject to U.S. estate tax, even though they are not U.S. citizens. While Canada...
Foreign Inheritance Tax: U.S. Reporting Made Simple
If you're a U.S. person receiving a foreign inheritance, you may be wondering about your tax obligations. The good news? The U.S....
Streamline Procedures: Fix Your U.S. Taxes Without the Penalties
If you're a U.S. citizen or lawful permanent resident living abroad and you’ve just discovered you were supposed to file U.S. tax returns...
How to File Delinquent FBARs and Avoid Penalties
If you’re a U.S. expat with foreign accounts and just found out about your obligation to report them, you’re not alone. Many U.S. citizens...
Check-the-Box Election: What U.S. Expats Need to Know
If you're a U.S. expat running a foreign business, the check the box election is one of the most powerful tools available in your...
Section 250 Deduction for U.S. Expats
The U.S. tax code includes numerous provisions that affect how foreign income is taxed, particularly when it comes to U.S. persons who own...
GILTI Tax for US Expats: What You Need to Know
hen dealing with controlled foreign corporations (CFCs), U.S. taxpayers—especially American expatriates—must understand the intricacies of...
U.S. Citizen’s Guide to Starting a Business Overseas
Starting a business abroad can unlock exciting opportunities—new markets, lower costs, and more freedom. But for a US citizen starting...
UK Limited Company & US Tax: Explained
For many American expats living in the UK, setting up a UK limited company is a practical way to operate a business. The structure is...
U.S. Taxation of a Controlled Foreign Corporation
For U.S. expats who own foreign businesses, learning how the U.S. taxes those profits is essential—especially when those businesses...
