Financial insights for U.S. Expats living and working in Europe.
The Complete Guide to Setting Up Your ID.me Account as an Expat
Establishing and effectively managing online accounts with the Internal Revenue Service (IRS) and the Social Security Administration (SSA) is fundamental to living abroad as an American. We cover how to use ID.me to make online access easier.
Give More In 2023: #5 Reasons to consider charitable giving as part of your year-end tax planning
Giving while receiving. Tax benefits can make for tax-savvy planning, even for US expats.
Foreign Earned Income Exclusion vs. Foreign Tax Credit: Best Option for U.S. Expats
Which IRS Tax Provision is Best for Expats? For US expats, avoiding double taxation on worldwide income begins with understanding two pivotal IRS tax provisions: the Foreign Earned Income Exclusion (FEIE) and the Foreign Tax Credit (FTC). This piece dives into the differences between the FEIE and FTC. Understanding these two concepts is a critical task for U.S. citizens living in a foreign country because how the provisions are applied directly impacts the efficacy of an expat tax return.
What is Net Investment Income Tax? (And Can Expats Avoid It?)
In this article, we define the types of income that qualify as net investment income (NII) and break out the qualifying income thresholds based on filing status. We also present a high-level overview of strategies that may be used to mitigate NIIT and answer a few common questions. Updated November 2023!
Pillar 1: A Deep Dive into the Swiss Pension System for American Expats
As the first of a three-part series, this article will dive into the first pillar of the Swiss pension system. See Pillar 2 and Pillar 3
7 Tips for US citizens moving to Europe
Considering a move to Europe? Be sure to consider these 7 things!
2023 Expat Tax Extension
Many US expats require tax extension requests, it takes a lot of time and energy to request and collect your foreign documents. If you were abroad on April 18, 2023, you received an automatic extension through June 15, 2023. If you need more time, follow these instructions to obtain an extension through October 16, 2023.
Explaining Inflation February 2023
Inflation has been in the news for much of the last year, and current inflation levels aren’t something most current investors have previously experienced. Let’s explore some of the basics of inflation and provide some outlook based on current conditions.
Pillar 2: A Deep Dive into the Swiss Pension System for American Expats
As the second of a three-part series, this article will dive into the first pillar of the Swiss pension system. See Pillar 1 and Pillar 3.