Offshore Living Letter is a publication of Live and Invest Overseas. Our goal is to provide timely, actionable information on all things offshore, including: how to go offshore, diversifying your portfolio, wealth creation, protecting your assets, and much more.
Tag: Foreign Tax Credits
08
Feb
Can living overseas mean you owe less to the IRS? In short: Yes. But you need to be careful. Simply moving outside the United States does not remove your obligation to pay U.S. taxes. U.S. citizens must file a return with the IRS every year, regardless of where in the world they reside. But living [...]
02
Oct
Americans And U.S. Persons Abroad Retain Their Obligation To File Annual Tax
The second tax season for U.S. tax preparers is coming to a close. The due date for any U.S. person who extended his filing deadline is Oct. 15, just around the corner. Meaning I’m spending a lot of time these days putting my tax return together. Friends from other countries don’t understand why Americans living […]