Federal Student Financial Aid for American Expats Living Abroad

American expats living abroad have an opportunity to send their kids to various American or foreign schools in different parts of the world. It is a well-known fact that the USA has the most expensive education system among developed countries. Although, the tuition fees are low for many European schools,...
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Foreign Account Tax Compliance Act: France FATCA and American Expats

France is the latest country to join the FATCA club. On November 14, 2013 France has become one of the 10 countries that signed an IGA (Intergovernmental Agreement) with the United States. Earlier we wrote an article What is FATCA. The Foreign Account Tax Compliance Act was enacted in 2010....
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529 College Savings Plans for American expats living Abroad

The average cost of college education has been constantly rising. Per the US Department of Education, the price to attend a public university has increased 42% between 2001 and 2011. The cost to attend a private institution has increased 31% for the same time period. US taxpayers are advised to...
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Social Security Spousal Benefits for American Expats with a Foreign Spouse

Americans living and working abroad are eligible to receive social security benefits. We wrote an article about Social Security Benefits for American expats. Although, US citizens can claim social security benefits, most of the time they are not sure whether a foreign spouse can obtain social security spousal benefits. This...
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IRS Tax Evasion Penalties and Abatement for American Expats

Any US taxpayer will be unpleasantly surprised to receive IRS letters. We wrote earlier an article about the types of IRS letters and What is IRS Audit. Most of the letters sent by the IRS are CP 501-504. The purpose of these letters is to inform a taxpayer about penalties...
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