by Corie DuChateau | Sep 1, 2021 | Blog, Expat, FBAR
If you are a U.S. citizen living abroad, you may have heard about the FBAR, and you may be wondering what it is and whether or not you need to file one with your taxes. What Is the FBAR? The FBAR is a United States Department of the Treasury form that stands for...
by Corie DuChateau | Sep 1, 2021 | Blog, Expat, FBAR
This post is a follow-up to our previous blog post – How to Do Your Own Taxes – about the forms you need to file when living abroad. That post outlined the typical forms that working expats need to file when they have a simple return, for example, if you...
by Corie DuChateau | Jul 15, 2021 | Blog, Expat, Tax Updates
On July 15, the Internal Revenue Service sent the first of six advance payments to parents of children 17 years and younger as part of the Expanded Child Tax Credit for 2021. In March, Congress expanded the Child Tax Credit to as much as $3,600 per child for the...
by Corie DuChateau | Jul 1, 2021 | Blog, Tax Updates
New IRS Non-filers Tool to Request Child Tax Credit Advance Payments and Economic Impact Payments Recent changes to the Child Tax Credit mean that many families will be eligible for Advance Child Tax Credit payments starting on July 15, 2021. The IRS will pay half...
by Corie DuChateau | Apr 13, 2021 | Blog, FBAR, Tax Updates
Even though the tax filing deadline has been extended to May 17 this year, the FBAR is still due on April 15. That’s because the FBAR is handled by the US Treasury Department while the rest of your tax return is handled by the IRS. These are two separate...
by Corie DuChateau | Mar 23, 2021 | Blog, Tax Updates
The IRS has extended the federal tax filing deadline to May 17, 2021. This means federal tax returns and payments to the IRS will be due one month later than normal. Most years, the deadline is April 15, but the IRS acknowledges that people need more time to...
