Expatriate tax Compliance Services
The United States taxes its residents and citizens on worldwide income and requires its US citizens living abroad to file and report income annually. If you are a US citizen currently living abroad, it is equally important that you also properly file and disclose your non-US assets as well. We have experience assisting many US citizens currently living abroad and our goal is to make sure that their foreign income and non-US assets are properly reported while at the same time double taxation is minimized in the US. Expatriates can generally reduce their US tax liability through the use of the foreign earned income exclusion or foreign tax credits. Under the foreign earned income exclusion, expatriates may exclude up to $103,900 (2018) of earned income annually. We make sure to review all of your facts and circumstances to make sure that the foreign earned income exclusion is fully utilized as well as any other foreign tax credits you may have.
We can help with the following:
Preparation of US individual tax returns and foreign filings for those living abroad.
Review and utilization of the foreign earned income exclusion and foreign tax credits.
Tax Equalization calculations for expats.