Transition and GILTI Tax on Foreign Business Income Explained
Let’s pretend it is 2017 again (yes, we know it’s 2020). Congress has just passed The Tax Cuts and Jobs Act (TCJA). making several significant changes to the individualized income tax on foreign businesses. As an American with interests overseas, how does this affect you? How will you handle it in the future? The TCJA […]
Renouncing your US Citizenship an Expat’s Insight
They say home is where the heart is. It is more than just a shelter, it’s where we love, where we can be ourselves, and it’s where life happens. It’s a big world out there, and for some U.S. citizens, home has been found in an unexpected place, abroad. There are many reasons why people […]
Frequently Asked Questions about Renouncing Your U.S. Citizenship
Renouncing your U.S. citizenship is a purposely complicated process that intimidates many people from completing the process. At Expat US Tax, we can assure you that renouncing your U.S. citizenship is not as complicated as it may seem. With enough strategy and planning, you can successfully renounce your U.S. citizenship and be free of headaches […]