U.S. Expat Tax Services
Accounting services
Tax Help for U.S. Citizens Living Abroad
The U.S. taxes its citizens and green card holders on worldwide income, wherever they live. We help Americans abroad file correctly, avoid double taxation, and handle the extra reporting that comes with foreign accounts.
What Expats Usually Need
- The annual U.S. return: reporting worldwide income on Form 1040.
- Foreign earned income exclusion (Form 2555): excluding qualifying foreign wages if you meet the residence or physical presence test.
- Foreign tax credit (Form 1116): credit for income tax paid to another country.
- FBAR (FinCEN Form 114): required when your foreign financial accounts total more than $10,000 at any point in the year.
- Form 8938: reporting specified foreign financial assets above certain thresholds.
Behind on Filing?
Many Americans abroad don't realize they still have to file. If you've missed years, the IRS has procedures for catching up, and the right approach depends on your circumstances. We'll review your situation before anything is filed.
Moving to or From Florida
Florida has no state income tax, which makes it a common home base for Americans who travel or relocate. Leaving a state with an income tax can raise its own questions, and we can help with those too.
Related Reading
Frequently Asked Questions
Do I have to file U.S. taxes if I live abroad?
Yes, if your income is above the filing threshold. U.S. citizens and green card holders are taxed on worldwide income wherever they live.
Will I be taxed twice on the same income?
Usually not. The foreign earned income exclusion and the foreign tax credit are designed to prevent most double taxation, but they have to be claimed correctly.
What is an FBAR?
The FBAR (FinCEN Form 114) reports foreign financial accounts when their combined value exceeds $10,000 at any time during the year. It's filed separately from your tax return.
