Category: Expat Tax
Expat Tax
What is the Difference between Renouncing and Relinquishing US citizenship?
Although relinquishing US citizenship is a form of renunciation, there are slight difference. And don't forget the exit tax!
Expat Tax
How Much Does it Cost to Renounce US Citizenship?
The cost to renounce US citizenship can be as much as $2,350. But don't forget the "exit tax" and other related expenses. It's harder than ...
Expat Tax
Can You Get US Citizenship Back After Renouncing?
Giving up your citizenship is a big deal, but can you get US citizenship back after renouncing it? Well, the answer is not as simple ...
Expat Tax
What Happens to Social Security if You Renounce Citizenship
Before you give up your citizenship, you should understand what happens to social security if you renounce citizenship. It's pretty straight forward.
Expat Tax
A Guide to Tax Implications of Renouncing US Citizenship
Renouncing US citizenship and taxes is complicated. There's an "exit" and possible penalties. But some tax can be greatly reduced.
Expat Tax
What are Streamlined Domestic Offshore Procedures – IRS 2021 (New) How to File?
Taxpayers who have unreported income may benefit from the IRS Streamlined Domestic Offshore Procedures and avoid IRS tax penalties.
Expat Tax
Who is a Dual-Status Alien? Do they file taxes?
If you are a dual-status alien in the US, you may have to file IRS tax returns. You might also get a stimulus check.
Expat Tax
Dual-Status Aliens Tax Return – How and When?
Dual-status aliens with US earned income will likely be taxed on that income. However, there are a few ways to avoid being taxed on that ...
Expat Tax
Substantial Presence Test – Determining Alien Tax Status
The Substantial Presence Test will tell you if you have to pay US tax to the IRS even if you are a foreign national. There ...