US Expat Tax Services

Navigating the tax landscape as a US expat, green card holder, or non-resident with income-producing assets in the US is challenging. The intricacies of the US tax code, coupled with additional reporting requirements, make it essential to seek professional assistance to ensure compliance and maximize legitimate deductions and credits when working overseas.

Key Considerations

  1. Income Exclusions and Tax Credits:  Significant deductions and credits are available to expats who qualify.  These include the most commonly used Foreign Earned Income Exclusion and Foreign Tax Credit.  We can help you navigate these tax-saving opportunities to minimize your tax liability.

  2. Additional Reporting Requirements:  US Expats, Green Card Holders, and Non-Residents must adhere to additional financial reporting requirements.  Non-compliance can result in costly fines and penalties.  Two of the more common additional reports required

    • FBAR Reporting:  US persons must report foreign bank accounts if the aggregate value of all foreign financial accounts exceeds $10,000 at any time during the calendar year.

    • FATCA Reporting:  The Foreign Account Tax Compliance Act (FATCA) mandates US taxpayers to report certain foreign financial accounts and offshore assets in their annual tax return if certain thresholds are met.

  3. State Taxes:  Some states continue to tax their former residents even after relocating abroad.  We can help you understand and manage any state tax obligations and plan for the effective breaking of residency prior to your overseas relocation.

  4. Tax Treaty Benefits:  The US has tax treaties with many countries, which may affect your tax obligations. We can help you understand and take advantage of any applicable tax treaty benefits.

Three Step Process:

  1. Schedule a Consultation: Arrange a quick, ten-minute telephone consultation with Mark or Trey. They’ll assess your tax situation, answer a few of your questions and tell you what they need to give you a quote.

  2. Submit Documents: Provide your documents for review. Submit via secure email or through our portal.

  3. Receive a Fixed Fee Quote: In most cases we’ll give you a flat-fee quote or tell you why we can’t. No surprises, no hourly rates, no software fees, no nonsense.