Even though you live and work abroad the IRS may still audit your return. This is most often accomplished by mail and telephone. Failure to respond to any audit notice from the IRS will result in assessment for taxes due
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Kauffman Nelson LLP Blogs
Latest from Kauffman Nelson LLP
US Social Security Administration Has Three Offices in Mexico to Help Expats Living in Mexico
If you reside in Mexico and have questions regarding services provided by the Social Security Administration (SSA), you must contact the SSA Federal Benefits Unit (FBU) located in Mexico. For more information on their services and how to contact them,
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US TAXPAYERS CAN LOSE THEIR PASSPORT FOR UNPAID FEDERAL TAXES
The IRS has begun issuing notice CP508C to taxpayers with “seriously delinquent” tax debt and the service has resumed its program of notifying the State Department of taxpayers’ unpaid federal debts.The U.S. Department of State generally will not renew a
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FBAR Form 114 Filing Deadline has not been extended – but there is an automatic Extension
With the extension of the individual filing deadline to May 17, 2021, practitioners have been asking if the FBAR filing deadline was also extended. The assumption for many was that, because the FBAR filing deadline has been adjusted to match
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Beware of IRS Tax Scams
A Mini Consultation is Now Available with A US Tax Attorney and Partner in a US CPA Firm about your Expat, Nonresident or International Tax Matters
If you have specific expat, international or nonresident, tax questions on your personal situation and need to discuss it with an US expatriate international tax expert, with the protection of Attorney-Client privilege, you can request a “Mini Consultation.”
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US Tax Brackets – Tax Tips for Gig Work – Upcoming Tax Deadlines
2021 Adjustments to Tax Brackets and DeductionsThe IRS recently released a list of federal income tax adjustments for 2021. The most important changes include higher standard deductions and higher income limits for common tax rates. Standard Deduction Increases
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2020 FAST TAX FACTS FOR US EXPATRIATES LIVING AND WORKING ABROAD IN PLAIN LANGUAGE
If you are a US Citizen or green card holder you must file a US tax return every year unless your taxable income is below a certain threshold. Even if your income is below that threshold, you may still be
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YEAR END TAX PLANNING FOR BUSINESSES AND INDIVIDUALS
There is still time to do some year end tax planning to reduce your taxes READ MORE ABOUT HOW TO SAVE HERE
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SPECIFIC PROVISIONS WHICH MAY BE OF INTEREST TO EXPATRIATES FOR 2020
SPECIFIC ITEMS FOR US EXPATRIATESForeign Earned Income Exclusion – 2020 ‐ $107,600 Gift Tax Annual Exclusion to non‐citizen spouse ‐ $157,000 Foreign housing base amount (amount of foreign housing not deductible) ‐ $17,216 Reportable gift threshold from foreign
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