Taxes Archives | Page 2 of 11 | Offshore Living Letter

12 Feb

Hands filling US tax form. Culculating and payment of taxes concept

Don’t Fall For These 5 Tax Myths

Posted by Lief Simon In FEATURED, Taxes 0 comment

There are plenty of advantages to living (and investing) overseas when it comes to your U.S. taxes. But not having to file every year is not one of them… Today, I’m going to bust five myths that are out there about expat taxes—and that’s the first of them. Myth #1: Overseas, You Don’t Need To [...]

08 Feb

US dollar bill and 1040 tax individual refund form

Can Living Overseas Mean You Owe Less To The IRS?

Posted by Lief Simon In Taxes 0 comment

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 [...]

05 Feb

Closeup of US tax form 1040 and businessman hand calculating and filling report paper at the office.

Beat The IRS At Their Own Game

Posted by Lief Simon In FEATURED, Taxes 0 comment

Whether you consider paying your taxes simply the price of living in a civilized society… or a pain in the proverbial… or downright theft… doesn’t really matter… Tax season is upon us and Uncle Sam wants what’s due. No exceptions. According to a new poll from the University of Chicago Harris School of Public Policy [...]

01 Feb

Montevideo, Uruguay, port. The port of Montevideo is the main commercial port of Uruguay

Safety, Stability, Easy Residency, And More…

Posted by Lief Simon In Citizenship, FEATURED, Taxes 0 comment

Can “boring” actually be good? There’s an old Chinese curse: “May you live in interesting times.” Such “interesting times” are fascinating to historians but they’re not much fun to experience first-hand…. They’re times of war, drought, plagues, and famine. It might also be a curse to live in an “interesting” country. The kinds of countries [...]