Record Number of Americans Renounce US Citizenship

The number of Americans renouncing their US citizenship has leaped by 58 percent since 2014, to at least 5,411. The reason is money. WPost: "The United States is one of the only countries in the world that requires its citizens and permanent residents to file taxes even when they live abroad. Eritrea is the only... Continue Reading →

Tax Advantages for Americans Living Abroad

The first $100,000 of income for Americans living abroad in 2015 was not taxable, as part of the Foreign Earned Income Tax Exclusion. But the exclusion is applied unevenly. If you work for an American company or the American government, you fully report and pay taxes on your full income. Only if you work for... Continue Reading →

Create a free website or blog at WordPress.com.

Up ↑