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How the ‘One Big Beautiful Bill’ Impacts U.S. Expats and Foreign-Connected Taxpayers

How the ‘One Big Beautiful Bill’ Impacts U.S. Expats and Foreign-Connected Taxpayers

by Christie DuChateau | Jul 5, 2025 | Blog, Expat, Foreign Tax, Tax Updates

The 119th Congress has passed what’s been coined the “One Big Beautiful Bill Act” or OBBBA (more formally known as H.R. 1), enacting a sweeping set of reforms that reshape key elements of the U.S. tax system. While it carries broad implications across many sectors,...
Foreign Tax Credit and Foreign Earned Income Exclusion

Foreign Tax Credit and Foreign Earned Income Exclusion

by Scott Grandfield | Jan 21, 2025 | Blog, FAQ, Foreign Tax

Do You Really Have to Pay U.S. Taxes When Living Abroad? Let’s Unpack It! At BNC Tax, we get this question a lot: “Do I have to pay U.S. taxes if I live abroad?” And the answer is… maybe. Living outside the U.S. doesn’t necessarily mean you’re free from Uncle...
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Recent Posts

  • IRS Removed the Delinquent FBAR Submission Procedures: What Can Late FBAR Filers Do Now?
  • U.S. ETFs and Mutual Funds While Living Abroad. A Tax Experience
  • U.S. Tax on Bonaire Rental Property (2026): What Americans Need to Know
  • U.S. Exit Tax: How It’s Calculated for Expats
  • FBAR Filing Requirements for U.S. Expats

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Bonaire entity_management exit tax FBAR FBAR filing deadline FBAR for expats FBAR penalties FinCEN Form 114 Foreign Bank Account Report foreign_company Rentals US Expat
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