Expat Tax Services
US citizens and permanent resident aliens (holders of green cards) who had or are living abroad and earned more than a specified amount of income (foreign and domestic) are still required to file US Expat Tax. You can submit your own US Expat Tax, but this could be:
Time-Consuming
It takes time away from your family or your business to understand the tax rules and go through bank statements and other paperwork.
Confusing
Choosing which forms are required can be challenging because there are so many of them. Additionally, you don't want to pay more tax than what is actually required.
Stressful
An IRS audit or fine as a result of omitting to provide something essential is the last thing you need.
Our Expat Tax filing team ensures that the work is done correctly the first time since we are knowledgeable in every aspect of preparing and filing Expat Tax. Numerous agreements and incentives, such as the Foreign Earned Income Exclusion and Foreign Tax Credit, are available to prevent double taxation. We are familiar with the most recent IRS rulings and can help you save time, money, and energy. Additionally, the Foreign Account Tax Compliance Act (FATCA – Form 8938) and FBAR – FinCEN Report reporting requirements can be met with the assistance of our Expat Tax team. For more information please visit IRS.
Core
For 1040 Federal Tax Return Package- US And Foreign Wages
- Qualified IRA Or ROTH Contributions
- Health Care Coverage Exemption
- Alternative Minimum Tax Calculations
- Estimated Payment Vouchers
- Gross Income Below $100K
- US Retirement And Social Security Income
-
Interest And Dividends
(10 Transactions Included In Base Price) - Foreign Tax Credit Form 1116
- Foreign Earned Income Exclusion Form 2555
- Child & Dependent Credits & Deductions
- Over 35 Tax Forms Included
- FBAR - FinCEN Report (Additional $50)
-
Foreign Account Tax Compliance Act
(FATCA - Form 8938) - Additional $50
Premier
For those with additional income sources beyond the Core package- Gross Income $100K And More
- Includes All Forms In Core Package
-
Investment Capital Gains/Losses
(10 Transactions Included - Additional $50) -
1 Rental Property
(Additional $50 / Property) - Self-Employment Income
- Other Non-Wage Income
-
1 Schedule C
(Additional $50) - Earned Income Credit
- Non-US Retirement Income
- FBAR - FinCEN Report (Additional $50)
-
Foreign Account Tax Compliance Act
(FATCA - Form 8938) - Additional $50
Providing Accessible premium services
without the wait
Providing Accessible Premium Services Without The Wait
Convenient and Affordable
Qualified To Take Care Of You
We Are Certified & Accredited
We take pride in the professionalism of our partners and staff. Our team’s certifications, experience, and positive reviews assure our clients that we can meet our commitment to quality and service and that our professionals serve our clients in a way that is competent, objective and with due professional care.
US Expat Tax FAQ'S
There are multiple forms for Expat Tax, such as:
- Form 1040
- FBAR (FinCEN Form 114) – For Financial Crimes Enforcement Network of the U.S. Treasury
- Foreign Earned Income Exclusion Form 2555
- Foreign Tax Credit Form 1116
- FATCA Form 8938 – For assets in foreign financial institutions to IRS
- Form 5471 – If also shareholders, officers, or directors of a foreign corporation
- Form 8621 – If shareholders of a passive foreign investment company
- Form 3520 – If transactions with foreign trusts, ownership of foreign trusts, or received large gifts from foreign persons
Yes, if you are a citizen or green card holder of the United States and earn more than the general income threshold, you must submit a tax return in the United States whether you dwell in the country or overseas.
This depends on the state of residency and if you made income in that state and if that income is taxable in that state.
For 2023:
April 18, 2023, but U.S. citizens abroad are granted an automatic extension to June 15, 2023. However, taxes must still be paid by April 18 to avoid any penalties and interests.
So generally the date is April 15, with automatic extension to June 15.
Yes and even for estate taxes. There are rules of 401(k) and IRA which should be complied with to avoid penalties.