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Do Foreign Citizens Living in the US Pay Inheritance Tax?

As a foreign citizen living in the U.S., it’s important to understand your tax liability in various scenarios. For example, suppose you just received an inheritance. Does that mean you must pay federal or state taxes as a resident alien living in the United...

Top Audit Risks for US Expats

As an American citizen living abroad, you’re already at a higher risk of getting audited by the IRS. It benefits expats to learn why that is and how to lower their risk of being audited. Simply living abroad and being responsible for completing certain tax forms...

The Estate Tax for US Expats Explained

Inheriting an estate can be an emotional, complicated process. Unfortunately, there’s more room for confusion when inheritors live abroad. If you’ve recently inherited an estate as a U.S. expat, it’s important to know how estate taxes may affect you....

Filing IRS Form 5471 for Americans Living Abroad

Although you may live abroad, that doesn’t make you exempt from filing important tax forms with the IRS. When it comes to confusing tax filing requirements, like IRS Form 5471, turn to an accountant you can trust. Americans living abroad generally have to file...

Do You Need to File US Taxes if You Have a Coinbase Account?

If you have a Coinbase account and live in the United States, you probably have to report your transactions to the IRS. Therefore, it’s important for American Coinbase account owners to know which tax forms they may have to file and why. If you have a Coinbase...
6 Common Taxpayer Mistakes