There are still many expats who owe taxes from their 2021 tax returns, due to the requirement to repay advance child tax credit payments received in error.
Be very careful with relying on AI/ChatGPT for tax or legal info.
If you live outside the US, you may never owe taxes on your social security pension, no matter how much your overall income is.
Will US expats be included in the new bill to receive an expanded child tax credit of $1800 per child for 2023?
Is it a lost cause? You're missing some social security work credits to be eligible for a pension. You moved outside the US years ago. What can be done to obtain the remaining credit you need?
So you finally made the move to leave the US. You've always been very tax savvy and know how to use the online tax filing sites well. Things will be very different:
Major changes close to being passed into law regarding the child tax credit:
זה הפוסט שלי הראשון בעברית!
$175 per month as a monthly US government child stipend, no strings attached? This may happen soon.
When can you file your 2023 Tax Return?
You outsmarted the IRS depreciation recapture tax, how clever! Nice try.
Here's a hack on how to make preparing for filing your 2023 tax return organized and easy:
Big news for anyone who claimed the ERC credit:
Spouse may need to file a separate FBAR report
Cutting ties with the IRS: Should you renounce your US citizenship to get out of paying taxes?
They were shocked! Instead of receiving a stimulus payment of $9,800, they received a tax bill for over $10k!
Aliyah tax checklist:
I received an unexpected call from the IRS a few weeks ago.
Americans who move to Israel and continue working for an American company: Do they have to file yearly two tax returns, and pay income taxes to both Israel and America?
Liberty from the IRS will soon be much more attainable for my clients.