Navigating international tax challenges is critical for today’s globally connected businesses and American expats. With frequent changes to tax laws, compliance requirements, and treaty frameworks, keeping abreast of cross-border developments is essential for optimizing after-tax results and reducing risks. This blog delivers timely updates, practical strategies, and expert insights—empowering expats and international professionals to stay informed, remain compliant, and make smart decisions for global growth and financial peace of mind.

Latest Tax Insights and Strategies

Golden Visa, Hidden PFIC: A US Tax Trap Americans Can’t Ignore

For many Americans, investment-based residency programs like Portugal’s Golden Visa look like a smart way to combine lifestyle planning with long-term wealth building. But behind the glossy brochures sits a uniquely American problem that most local banks and lawyers never flag: PFIC rules and Form 8621 reporting. Many countries offer a path to permanent residency through investment. What Is a PFIC Under US law, a Passive Foreign Investment Company (PFIC) is any non‑US corpora

4 days ago

U.S. Expats, Retirement Accounts, and the Foreign Earned Income Exclusion: What You Need to Know

For U.S. citizens and resident aliens living and working abroad, saving for retirement can be more complicated than for those residing in the United States. One of the most common questions is: Can I contribute to an IRA or other U.S. retirement account while living overseas? And how does the Foreign Earned Income Exclusion (FEIE) affect my ability to do so? Here’s a comprehensive look at the rules, pitfalls, and planning opportunities. Saving for retirement can be more compl

Jan 5

When Foreign Earned Income Exclusion Isn’t Enough: State Tax Risks for US Expats With Clients Back Home

US expats who claim the Foreign Earned Income Exclusion (FEIE) often discover that “decoupled” states can still tax their foreign earnings, especially when self‑employed with a client base anchored in one state. Some states have "decoupled" from the federal tax treatment of the foreign earned income exclusion. Federal FEIE vs. state nonconformity At the federal level, FEIE lets qualifying expats exclude a substantial amount of foreign earned income using Form 2555, reducing o

Dec 3, 2025

Understanding Wealth Tax for U.S. Expats in European Countries

As a U.S. citizen living abroad, you’re likely familiar with the complexities of managing taxes across two systems — the U.S. and your country of residence. But if you’ve moved to countries such as Spain, Italy, Norway, or Switzerland , you may encounter an additional layer of complexity: the wealth tax . While most Americans are used to income-based taxation, many European countries also impose annual taxes on the value of your assets . This concept can come as a surprise —

Oct 28, 2025

How U.S. Citizens Abroad Can Use Foreign Pension and Insurance Investment Products to Avoid the PFIC Trap—What to Watch For

U.S. citizens living outside the United States often encounter one of the most complex and punitive aspects of international tax: the...

Sep 17, 2025

Can U.S. Expats Use the New Car Loan Interest Deduction?

The One Big Beautiful Bill Act (OBBBA), signed into law in July 2025, introduced a host of new tax provisions, including a temporary...

Sep 13, 2025

Understanding the QEF Election for Passive Foreign Investment Companies (PFICs)

What Is a PFIC? A Passive Foreign Investment Company (PFIC) is a foreign corporation that meets either of the following tests: Income...

Sep 3, 2025

GILTI Is Out, Net CFC Tested Income (NCTI) Is In

The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, brings sweeping changes to the U.S. international tax...

Aug 16, 2025

Understanding the Section 962 Election: A Tool for U.S. Individuals with Foreign Corporations

If you’re a U.S. taxpayer who owns or controls a foreign corporation, you may have heard about the Section 962 election. This provision...

Jun 17, 2025

New registration requirement for Snowbirds can impact US tax obligations

The new requirement for Canadian snowbirds to register in the U.S. primarily impacts their tax obligations by potentially subjecting them...

Mar 15, 2025

Snowbirds Beware: How Canadian Vacation Homeowners Can Face Unexpected U.S. Withholding Tax When Selling Their Property

Snowbirds might face unexpected US withholding taxes when selling their Florida home. As a Canadian snowbird, owning a vacation home in...

Mar 8, 2025

Owning a foreign company - what US taxpayers must keep in mind.

There are many tax implications for US persons purchasing a foreign business. In today's globalized economy, many U.S. persons are...

Mar 6, 2025

Congressional hopes for simplified tax filing rules for expats

Congressional Staffer reading through tax code. Recently Representative Darin LaHood (R-Ill.) introduced the Residence-Based Taxation for...

Feb 27, 2025

Filing extensions for Americans living abroad - What's to know?

For U.S. persons living abroad, it can sometimes make sense to request an extension to file their tax return. Understanding the rules...

Feb 21, 2025