US Expat Tax Planning
If you are a US citizen (or green card holder) you have to pay US taxes no matter where in the world you live. Expats have to pay tax on both their US and foreign income and often have to file state tax returns as well.
However, there are tax breaks US expatriates can claim to reduce the tax sting. This comprehensive expat tax guide takes the pain out of filing US tax returns and reveals strategies you can follow to reduce your overall tax bill.
US Expat Tax Planning is essential reading for:
- US citizens living permanently overseas.
- US expats working overseas on a temporary basis.
- Green card holders.
"Take a look at Tax Cafe's website for tax-saving tips."
What Information is Contained in the US Expat Tax Planning Guide?
The expat tax guide covers ALL the important US tax issues and contains lots of interesting examples and tax saving tips.
Subjects covered include:
- How to plan for US and foreign taxes and achieve the maximum overall tax saving.
- The very latest changes to US expat tax law.
- How to make sure you qualify for the generous Foreign Earned Income Exclusion.
- Step-by-step guide to completing the Foreign Earned Income tax return form.
- How married couples can use the exclusion to shelter over $170,000 from the IRS.
- A comprehensive list of tax deductions expats can claim.
- How to claim a tax credit for foreign taxes on your US tax return.
- How to use double tax treaties to reduce your foreign tax liability.
- How to terminate your tax domicile in your home state to avoid state taxes and filing requirements.
- Year end expat tax planning strategies.
- Capital gains tax planning tips for expats.
- How to safeguard against paying back taxes and penalties.
- Tax treatment of self-employed expats and how to reduce your self-employment taxes.
- What expats need to know about estate tax and gift taxes.
- Tax treatment of foreign companies owned by expats and the controlled foreign corporation rules.
- The pros and cons of using offshore trusts and companies.
- How to calculate and maximize your housing amount deduction.
- Foreign bank account reportng requirements.
- How to stop a US employer withholding US tax from your pay when you work abroad.
- The tax treatment of unearned income such as rental income, dividends and interest.
- Plain-English guide to all the expat tax forms.
About the Author
The author is Nick Braun PhD, Taxcafe's founder and CEO. Nick has been involved in the tax publishing world since 1989 as a writer, editor and publisher and holds a PhD in economics. He is also columnist for several real estate investment magazines and a very active real estate investor and developer.
How Much Does it Cost?
- Electronic Book (delivered immediately via e-mail) - $19.95
- Printed Book (dispatched immediately by first class mail) - $24.95
* If you purchase the printed book you will have the option at checkout of receiving a free electronic copy to read immediately.
Plus!
- You will also receive a complimentary electronic copy of our comprehensive tax guide 'How to Save Tax 2007' - worth $19.95.
- We use Worldpay's renowned secure payment server to process payments.
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