Expatriates must report foreign bank accounts exceeding $10,000 in aggregate using the FBAR (FinCEN Form 114) and disclose foreign financial assets with Form 8938 if applicable. We specialize in ensuring your compliance with these complex reporting requirements to avoid steep penalties and safeguard your financial standing.

Understanding your tax residency status is crucial for determining your U.S. tax obligations as an expatriate. Even if you live abroad, the U.S. taxes its citizens and green card holders on worldwide income, but your residency status in a foreign country can impact your eligibility for benefits like the Foreign Earned Income Exclusion (FEIE) or Foreign Tax Credit (FTC). We’ll help you navigate the complexities of dual residency, treaties, and compliance to ensure you meet all requirements while minimizing your tax burden.

Even as an expatriate, you may still have state tax filing requirements depending on your last U.S. residence or state-specific rules. We help you navigate whether you need to file state tax returns and explore strategies to minimize or eliminate state tax liabilities while living abroad.