expat network
COVID stimulus checks

Last chance for US expats to claim up to $3,200 in COVID stimulus checks

As a US expat, you’re exploring the advantages of life overseas. But there’s one opportunity you don’t want to miss – claiming your U.S. government COVID stimulus checks, otherwise known as Economic Impact Payments, which can amount to up to 3.200 US dollars. The final deadline of June 15, 2024, is fast approaching!  This is not...

renounce U.S. citizenship

Top Reasons Why Americans Abroad Want To Renounce Their U.S. Citizenship

While the annual tax season can be stressful for filers, the burden is even greater for Americans overseas. About 9 million U.S. citizens live abroad, the U.S. Department of State estimates. Nearly a quarter of U.S. expats are “seriously considering” or “planning” to renounce U.S. citizenship according to 1040 Abroad. For those looking to renounce citizenship,...

Busy Landlord? Here’s How To Complete Your Self Assessment Tax Return Quicker

Life can be busy when you’re a landlord. Leaving aside managing your property and tenants, many landlords must also cope with the demands of a job or running a business. Then there’s your own domestic and family responsibilities. The last thing you need hanging over you is a tax return to complete, but we’re steadily...

Navigating Freelance Income Reporting As A US Expat

The digital age has transformed the landscape of work, ushering in the era of the global freelancer. As professionals venture beyond borders, capitalizing on the ability to work from anywhere, many find themselves navigating the expat lifestyle. This global shift brings its own set of challenges, particularly in the realm of freelance income reporting. The...

US Expat Taxes

Navigating the Complexities of US Expat Taxes: A Webinar Hosted by Expat Network and Greenback Expat Tax Services

Living abroad is an exciting adventure filled with new experiences, cultures, and opportunities. However, for US citizens, the complexities of expatriate taxation can often dampen the joy of this global journey. That’s why Expat Network, in collaboration with Greenback Expat Tax Services, is hosting a webinar titled “Navigating the Complexities of US Expat Taxes.” This...

American expatriates

Survey Reveals a Complex and Evolving Landscape for American Expatriates

The latest survey results from Greenback Expat Tax Services reveal a complex and evolving landscape for American expatriates, as they face an array of regulatory and financial challenges. Notably, 1 in 5 US expats are contemplating or planning to renounce their US citizenship, and an alarming 42% are not dismissing this drastic measure. This data,...

US Government’s Covid Stimulus initiative

US Expats In Line For Potential Tax Windfall

The US Government’s Covid Stimulus initiative offers a tax silver lining to US Expats and Green Card Holders.  Those with children could receive a double tax windfall in the form of Child Tax Credit.  Tax returns need to be filed by June 15th to take advantage of financial benefits. UK-based US citizens and green card...

How U.K. Expats Deal With Back Taxes In The US

How U.K. Expats Deal With Back Taxes In The US?

U.K. expats living in the U.S. must deal with the same tax obligations as any American citizen, regardless of whether they reside in the country permanently or temporarily. The IRS taxes U.S.-source income for all taxpayers who have established a “tax residence” in the United States and requires that expats file a tax return...

Taxation For US Digital Nomads

A Comprehensive Guide To Taxation For US Digital Nomads

As a digital nomad, where you pay taxes depends on your country of residence. According to United States laws, if you are an American citizen, you are still responsible for paying your self-employment tax on your income, no matter where you live. The US is one of the few countries in the world that...

Small Business Taxes in America

7 Things You Should Know About Small Business Taxes in America

Making key financial decisions for your business is hard enough as it is, but money matters become increasingly complex when you start throwing in tax terminology and filing practices. But if you’re setting up an online business, it’s a good idea to speak to a professional accountant before submitting your small business taxes in...

Tax Benefits

Tax Benefits For U.S. Expats Abroad

Are you ready to file your U.S. tax return? In this article we’ll dive into the tax benefits and credits available to U.S. expats, to help you make sure you’re getting every deduction and credit you deserve. Written for Expat Network by Eric Scali, Region Tax Manager for H&R Block...

IRS Tax Penalties

What U.S. Expats Should Know To Avoid Thousands In IRS Tax Penalties

It’s that time of year again—are you ready to file your U.S. tax return? Filing while stateside can be complex enough, and expats have a few extra layers of complications added. In this article we’ll dive into the IRS tax penalties common to U.S. expats, and tips to avoid them this year and in...