Financial insights for U.S. Expats living and working in Europe.
Navigating Citizenship-Based Taxation as a U.S. Expat
Citizenship-based taxation impacts U.S.-connected people, including citizens, green card holders, and others with U.S. ties. This article explores the complexities of American tax obligations for those living abroad, providing insights for expats and anyone planning to move overseas. Understanding these regulations helps ensure compliance and minimize tax liabilities while navigating the unique challenges of living outside the United States.
Does Germany Allow Dual Citizenship for U.S. Citizens?
Wondering if Germany allows dual citizenship for U.S. citizens? This article explains the rules, pathways, and recent changes in German dual citizenship law, along with the benefits and challenges. Learn how U.S. citizens can retain their citizenship while becoming German nationals, and get expert advice on navigating the cross-border financial implications of dual citizenship.
US Expat Taxes: How to File from Abroad in 6 Simple Steps
As an American, filing US taxes while living abroad can be challenging if you don't know where to start. That's why we wrote this handy guide!
What is a PFIC? The Must-Have Guide for U.S. Expats in Europe
Navigating the financial landscape as an American expat living in Europe comes with its unique set of challenges, particularly when it comes to understanding and complying with U.S. tax obligations. For U.S. citizens and green card holders, one crucial aspect is the requirement to file a U.S. tax return regardless of where they reside. This obligation significantly impacts long-term investment strategies, especially concerning Passive Foreign Investment Companies (PFICs). Fortunately, we know a thing or two about navigating this tricky reporting requirement!
US Tax Extension for Expats (Updated for 2024)
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, 2024, you received an automatic extension through June 17, 2024. If you need more time, follow these instructions to obtain an extension through October 16, 2024.
Retiring in Switzerland: A Guide for U.S. Citizens
Retiring in Switzerland offers U.S. expats a high quality of life, stunning scenery, and excellent healthcare. Key considerations include the retirement age, financial resources, and health insurance. U.S. citizens need to meet specific requirements and manage tax implications and cost of living.
IRS Proposal Would Boost Reporting Demands on Americans Abroad
Proposed IRS rules would significantly increase reporting demands for Americans abroad and require meticulous compliance and proactive management to avoid penalties and protect beneficiary interests, say Arielle Tucker of Connected Financial Planning and Duncan Teed of Tax Logicians.
Upcoming Events Featuring Arielle Tucker, CFP®, EA
As we get into the thick of tax season, Arielle Tucker, CFP®, EA, of Connected Financial Planning will be hosting several events focused on providing financial education and key information for U.S. expats and Americans living in Europe.
The Swiss Pension System Explained: Pillar 2
As the second of a three-part series, this article will dive into the first pillar of the Swiss pension system. See also Pillar 1 and Pillar 3.