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Tag: Paying Taxes Overseas

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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 [...]
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16 Sep
A man filing taxes

The Challenges Of Tax Filing While Being Abroad

Posted by Lief Simon In Taxes 0 comment
Oct. 15 Looms—Here's What You Need To Know To Stay Compliant That is, any American who filed for an extension is now buckling down to prepare his 2018 tax return... myself included. One related topic that has been generating lots of questions for me, both during last week's Retire Overseas Conference in Houston and in my inbox [...]
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10 Dec
can irs revoke your passport

Can The IRS Revoke Your Passport Under FAST Act?

Posted by Lief Simon In Investing 0 comment

It’s official. The IRS can now revoke your passport if you owe them US$50,000 or more. The new law was tucked away in a new highway bill dubbed the FAST Act (Fixing America’s Surface Transportation Act) that was signed by President Obama last week. What better way to get a contentious, potentially civil rights-violating bill […]

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