Form 5472 Filing Requirements for Foreign-Owned LLC's
What is IRS Form 5472? The purpose of Form 5472 is to keep track of and report on transactions that occur between certain foreign-owned...
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Dec 29, 20205 min
The Complete Tax Guide for US Expats in the United Kingdom
In today’s post, we are continuing our series of articles about things US expats in specific countries should look out for when filing...
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Nov 25, 20206 min
The Complete Tax Guide for US Expats in Canada
Today, we at CPAs for Expats are launching a new series here on the blog. We are going to be putting out guides for US citizens abroad...
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Nov 9, 20207 min
US Tax for Non-US Citizens
As most of you already know, US citizens have to file US tax returns every year in which they have enough income to meet the filing...
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Oct 8, 20206 min
Retirement Planning and Taxes for US Expats, Part 2: Retirement Savings
The options available in the United States for retirement savings are dizzying and can often seem like an indecipherable alphanumerical...
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Sep 23, 20205 min
Retirement Planning and Taxes for US Expats, Part 1: Social Security
The “Golden Age”, “Second Childhood”, and “Winter of Life” are all fancy descriptors for the period of life many describe, simply, as...
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Sep 7, 20207 min
How US Expats Can Vote in the 2020 Election
Hi everyone, and welcome back to the CPAs For Expats blog. In today’s post, we are going to take a break from strictly tax-related...
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Aug 26, 20205 min
Everything You Never Wanted to Know About the FBAR
The Right to Privacy is one of the most cherished expectations in American life. While not explicitly mentioned in the Constitution, it...
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Jul 19, 20206 min
Foreign Corporations, Form 5471, and GILTI
Last time here at CPAs For Expats, we gave a quick overview of the taxation of overseas businesses owned by US expats. We discussed how a...
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Jun 10, 20206 min
Self-Employment as a US Expat
For many people, an essential part of the “American Dream” is being your own boss. Becoming a business owner or an entrepreneur has...
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May 20, 20206 min
US Citizenship for Expats, Part II: Covered Expatriates and “Accidental Americans”
Last time, we discussed what makes a US citizen, the citizen’s obligations when it comes to tax filing, and various ways to renounce your...
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May 3, 20206 min
US Citizenship for Expats, Part I
Citizenship in the United States of America is a much-coveted status. In addition to the right to vote in US elections, US citizenship...
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Apr 19, 20206 min
FATCA and Its Effect on US Expats
The one word no US expat wants to hear, of course, is the dreaded F-word. No, not that one, get your mind out of the gutter. The F-word,...
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Apr 1, 20203 min
Coronavirus Stimulus Payments for US Expats—The CARES Act of 2020
On March 27, 2020, after a week of intense negotiation between the Democrat-controlled House of Representative and the...
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Mar 16, 20204 min
The Tax Deadline for US Expats
Dum, dum, dum, dum-di-dum, dum-di-dum… You hear that? That’s the booming sounds of John Williams’s “Imperial March”, announcing the...
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Feb 28, 20206 min
Two Ways for US Expats to (Legally) Reduce or Eliminate Their Tax Liability
When you’ve been in the US expat tax business for a while, some conversations begin to repeat themselves. Here are some answers I get...
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Feb 17, 20206 min
The Child Tax Credit for US Expats
Congratulations! ¡Felicitaciones! Gōng xǐ! Mazal tov! Pozdravliayu! Félicitations! Or, if you prefer, Mabrouk! Your family just...
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Jan 31, 20205 min
IRS Amnesty Program for Delinquent US Expats
Many of the people we talk to contact us because they read somewhere that they may need to file with the IRS, and my first conversation...
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Jan 17, 20205 min
What’s New for US Expats in 2020
Happy New Year from CPAs for Expats! Now that the holidays are over, the lights have been put away, and we are settling in for a long,...
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Nov 25, 20183 min
The Complete FBAR Guide
What is the Purpose of the FBAR? The purpose of the FBAR (Foreign Bank Account Report) is to collect information about financial accounts...
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