From a tax standpoint, buying and selling foreign real estate (a primary residence in one's name) is not much different than in the United States. At the present time, there are...
In addition to the Foreign Earned Income Exclusion (FEIE), some expats are able to deduct a portion of their housing costs via the foreign housing allowance. The intent of the foreign...
U.S. citizens and permanent residents are subject to federal income tax on worldwide income - it doesn't matter where you generate income. Fortunately, the U.S. government offers an important tax...
Many Americans living and working abroad forget to file their US tax returns. Others know about the obligation, but disregard it. What's the worse that can happen, right? The short...
Filing Requirement
Generally speaking, if your total income for the year does not exceed the standard deduction (per your filing category), then you don't need to file a federal tax return. Starting...
