Expat Guide

Are American Expats Subject to Foreign Gifts Tax?

Receiving a foreign gift is a joyous time for American living abroad and foreign nationals residing in the USA. However, American expatriates and nonresident aliens must remember that they might have U.S. expat tax filing requirements in regards to the overseas gift. To determine whether a gift is subject to...
Read more

International Inheritance Tax and American Expats

Americans living abroad are puzzled by many legal and financial questions when they receive an overseas inheritance. US taxes for American expats are getting more and more complicated. The international inheritance tax adds the additional layer of complexity to US expat tax returns. This is one of the latest emails...
Read more

Home Office Deduction for Self-employed American Expatriates

Americans living abroad are eligible to claim multiple business expenses when they start a new business. Earlier we discussed self-employed taxes assessed on American expatriates. The purpose of this article is to understand home office deduction on overseas tax returns. This is the latest email from one of our clients,...
Read more

Documents Retention and US Expat Tax Returns

Document retention might be an issue for any taxpayer. Many U.S. citizens and green card holders think about documents retention only in case of a tax audit. We earlier discussed What is a tax audit. However, it is even more challenging to retain expat tax documents for American expats living...
Read more

Which Exchange Rate to use on US Expat Tax Returns?

American expats face the same question during the US tax time. Which exchange rate should Americans living abroad use? The question is quite simple but it is very important for U.S. citizens and green card holders with a foreign income. Choosing a correct rate has a significant impact on US...
Read more