What’s Happening in the World of Expat Taxes?

Living As An Expat In Australia

June 16, 2021
Australia is a popular destination for American expats, since the two countries share a language. If you have a permanent resident visa, use Australia as your primary place of business, or spend more than 183 days a year in Australia, you will have to pay Australian taxes as an expat.
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Living As An Expat In Japan

May 18, 2021
Japan is a dream destination for many expats. The country has attractive urban and rural locations with strong public transit and communications infrastructure, excellent health care, and a unique culture. Economically, there are many opportunities for expats who want to start a business or work for someone else. Then, there's the world-class food.
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Understanding The Differences Between FBAR And Form 8938

April 6, 2021
Expats must file and pay taxes to the U.S. government even on income earned worldwide — including income kept in foreign accounts. FBAR and Form 8938 are two of the most common forms used to report this income, but these can't be used interchangeably.
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Form 3520 For TFSAs

September 29, 2020
Countries have different rules and regulations regarding income and taxes. While U.S. citizens living internationally are allowed to take advantage of foreign trusts and tax-free savings accounts, there's a caveat: Those tax-advantaged accounts might be taxable in the U.S. Find out when tax-free savings accounts are taxable and what forms you'll need to complete as an American living in Canada.
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Tax Implications For Canadians Owning Property In The U.S.

September 27, 2020
Buying real estate in another country is common among people who want to have a ready-made vacation home or a property they can rent out for extra income. Because Canada and the United States are geographically close, many Canadians purchase U.S. properties with this intention. However, there are important tax implications for a Canadian buying U.S. property. Here's what you need to know to stay in compliance with applicable tax laws.
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