2024 Canadian Tax Deadline: Everything You Need to Know

Canadian Tax Deadline

2024 Canadian Tax Deadline: Everything You Need to Know As the seasons transition from winter chill to the gentle warmth of spring, Canadians are reminded of one inevitable event looming on the horizon: the tax filing deadline. For many, tax season can induce a mixture of stress and uncertainty, but with proper preparation and understanding, […]

A Guide to Buying and Selling Property Abroad as an American

Buying and Selling Property Abroad

Buying and Selling Property Abroad as an American Written by: Josh Katz, CPA Have you ever considered owning a piece of paradise abroad? As an American, purchasing property overseas can be an exciting venture, offering opportunities for investment diversification, retirement planning, or simply fulfilling your wanderlust. However, it’s important to understand the tax implications and reporting […]

US Expat Tax Services for Seniors and Retirees

Seniors

US Expat Tax Service for Seniors and Retirees Written by: Josh Katz, CPA The transition from working life to retirement is a significant milestone, especially for those who choose to spend their golden years abroad. For US citizens living abroad, the tax filing responsibility does not vanish with retirement. Hence, it’s still important for Seniors and […]

2024 US Expat Tax Deadline and Extensions

US Tax Deadline

2024 US Expat Tax Deadline and Extensions Written by: Josh Katz, CPA It’s that time of year again when we dive into the world of forms, numbers, and deadlines. Navigating through the complexities of US taxes and preparing your 2023 US tax return doesn’t have to be daunting, even as a US expat. By understanding the […]

US Expat Tax Services for Dual Citizens

US Passport - Dual Citizen

US Expat Tax Service for Dual Citizens Written by: Josh Katz, CPA In today’s interconnected world, many individuals have the privilege of holding dual citizenship, which allows them to be citizens of two countries simultaneously. While this can bring numerous benefits, it can also present unique challenges, particularly regarding taxation. If you require assistance with your […]

Form 14653: IRS Streamlined Certification

Mail IRS Form 14653

Form 14653: IRS Streamlined Certification Written by: Josh Katz, CPA Are you a US citizen or resident living abroad who hasn’t been reporting your foreign income and assets to the IRS? Maybe you’ve recently discovered your tax obligations, or perhaps you’ve been avoiding the matter due to the complexity of the US tax system. Whatever the […]

US Expat Tax Service for Self-Employed Individuals

Self-Employed

US Expat Tax Service for Self-Employed Individuals Written by: Josh Katz, CPA Understanding self-employment tax is an important consideration for freelancers or self-employed individuals. As an independent contractor, you are responsible for managing your own taxes, which encompass Social Security and Medicare contributions. Whether you’re living in the US or have moved abroad, it’s crucial to […]

2024 US Tax Guide for Americans Living Abroad

US Tax Updates

2024 US Tax Guide for Americans Living Abroad Written by: Josh Katz, CPA Living abroad as a US citizen is a rewarding experience, offering diverse cultures, new opportunities, and a broader perspective on the world. However, amidst the excitement of international living, American expats must stay well-informed about their financial responsibilities, especially their obligation to file […]

What Are FBAR Reporting Requirements?

FBAR Form

What are FBAR Reporting Requirements? Written by: Josh Katz, CPA Most US expats are aware that they may have an ongoing requirement to file US income tax returns yearly, if they earn income abroad.  However, there is a less well-known US requirement to file what is known as a Foreign Bank Account Report (FBAR), for which […]

10 Best Tax Haven Countries for US citizens in 2024

Best Tax Haven for US Citizens

10 Best Tax Haven Countries for US Citizens in 2024 Written by: Josh Katz, CPA As the global economy evolves, savvy investors and entrepreneurs increasingly seek opportunities to optimize their financial strategies. One such approach involves seeking out tax havens, jurisdictions with favorable tax policies. For US citizens, finding the best tax haven countries can be […]