News in United States
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US Tax Obligations for Green Card Holders Living Abroad
Green card holders are required to report worldwide income to the IRS regardless of where they live or work. Living abroad or paying taxes in another country does not eliminate the US tax filing requirement.
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IRS Form 8621 Filing Requirements for Passive Foreign Investment Companies (PFICs)
U.S. taxpayers who hold foreign mutual funds or ETFs classified as Passive Foreign Investment Companies (PFICs) may be required to file IRS Form 8621 and report income annually under a separate tax regime. The rules differ significantly from those applying to U.S.-based funds.
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IRS Form 4868: Filing Extension to October 15 for US Expats
Form 4868 extends the federal tax filing deadline to October 15 for most individual US taxpayers. Americans abroad, who already receive an automatic extension to June 15, can use Form 4868 for an additional four months to file, though the extension does not apply to the tax payment deadline.
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IRS Form 2350: Eligibility for Expat Tax Filing Extension
IRS Form 2350 allows certain Americans abroad to extend their tax filing deadline when they will not yet qualify for the Foreign Earned Income Exclusion or foreign housing benefits by the return due date. It does not extend the time to pay taxes owed and is not a general extension.
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US Green Card Overview: Eligibility, Purpose, and Key Facts
A guide covering what US green cards are, who qualifies for them, and how they function as a form of lawful permanent residency. The resource addresses common questions about the green card process for immigrants and Americans abroad.
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US Tax Filing Deadline Missed: Penalties and Next Steps
Missing the US federal tax filing deadline has different consequences depending on whether a refund is owed or taxes are due. Unpaid federal income tax accrues penalties and interest the longer it remains outstanding, while those owed a refund face fewer immediate consequences.
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Self-Employment Tax Deductions for U.S. Expats
U.S. citizens working self-employed abroad are still required to report business income on their U.S. tax return. Various deductions and credits may be available to reduce the resulting tax liability.
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IRS Streamlined Filing Compliance Procedures: How They Work
The IRS Streamlined Filing Compliance Procedures allow eligible U.S. taxpayers to correct non-willful failures to file tax returns, FBARs, or international information forms related to foreign income. The program provides a structured process to come into compliance without the penalties typically associated with late or missed filings.
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IRS Streamlined Foreign Offshore Procedures: Eligibility and Filing Requirements
U.S. taxpayers living abroad who have non-willfully fallen behind on tax returns or FBARs may qualify for the IRS Streamlined Foreign Offshore Procedures, which allow filing of overdue or corrected returns without standard failure-to-file, information-return, or FBAR penalties. Eligibility requires meeting IRS non-residency rules and demonstrating non-willful conduct.
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IRS Streamlined Filing Compliance Procedures: SFOP vs. SDOP Explained
The IRS Streamlined Filing Compliance Procedures allow Americans who non-willfully failed to report foreign income or accounts to catch up on filings with reduced or no offshore penalties. Two variants exist: the Streamlined Foreign Offshore Procedure (SFOP) for those living abroad, and the Streamlined Domestic Offshore Procedure (SDOP) for US residents.
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IRS Streamlined Domestic Offshore Procedures: Eligibility and 5% Penalty Explained
U.S. residents who failed to report foreign income or financial assets on prior tax returns may use the IRS Streamlined Domestic Offshore Procedures to correct filings with a single 5% penalty. Eligibility requires certifying non-willful conduct and submitting three years of amended returns.
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FATCA Exemptions: Which Foreign Accounts and Assets Are Excluded from Reporting
Certain foreign accounts and assets are exempt from FATCA reporting requirements, with eligibility depending on the type of asset held, where it is held, and how the account or institution is classified. The specific exemptions that apply vary by individual circumstances.
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Traveling Mailbox: Plans, Costs, and USPS Form 1583 Requirements
A desk-research review covers Traveling Mailbox service plans, overage charges, mail forwarding options, storage policies, and the USPS Form 1583 authorization requirement. The review is aimed at digital nomads evaluating virtual mailbox services.
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IRS Form 8833: When US Expats Must Disclose Tax Treaty Benefit Claims
US taxpayers who use a tax treaty to modify how US tax law applies to their income may be required to disclose that claim to the IRS using Form 8833. Not all treaty benefits trigger the filing requirement, and the rules depend on the specific treaty position being taken.
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Visa and Residency Options for Americans Relocating Abroad
An overview of visa types and residency or citizenship pathways available to US citizens considering a move abroad. The article covers various routes that Americans can use to establish legal status in another country.
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Form 8960: U.S. Net Investment Income Tax for Expats Explained
Form 8960 is used to calculate and report the 3.8% Net Investment Income Tax (NIIT), which applies to certain U.S. taxpayers whose investment income exceeds modified adjusted gross income thresholds. The form may be required for U.S. citizens and residents living abroad who have passive income such as dividends, capital gains, or rental income.
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Filing US Taxes After the October 15 Deadline
The IRS still accepts late US tax returns after the October 15 extended deadline, and filing late is separate from paying any outstanding balance. Penalties may increase over time, so earlier submission reduces additional costs.
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U.S. Controlled Foreign Corporation Tax Rules Changing in 2026
Congress amended the controlled foreign corporation (CFC) rules in 2025, with changes taking effect in 2026. U.S. citizens who own foreign companies may see different treatment of overseas business profits on their U.S. tax returns as a result.
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October 15 U.S. Tax Filing Deadline for Americans Abroad
October 15, 2026 is the final filing deadline for U.S. expats who requested an extension to submit their 2025 federal tax return. The extension applies to filing only, not to payment of any taxes owed.
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IRS Introduces Automatic Penalty Waiver for First-Time Filing Errors After Three Clean Years
The IRS announced a new Automatic Exemption from Penalty (AEP) program in July 2026, applying to eligible 2025 tax returns. Taxpayers who have filed and paid on time for the previous three years may have certain penalties automatically waived if they make a one-time mistake.
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Cryptocurrency Considerations for US Expats in 2026
A presentation from the 2026 US Expats Financial Conference covers cryptocurrency-related information relevant to Americans living abroad. Topics include what US expats should be aware of regarding crypto holdings and obligations in 2026.
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US Expat Financial Considerations: FATCA, PFICs, and Golden Visas Overview
A financial advisor covers key financial topics for Americans living abroad, including FATCA reporting obligations, PFIC investment rules, and golden visa residency options. The discussion addresses the financial and regulatory complexities involved in building a life outside the United States.
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Expat Financial News Roundup: Dubai Tourism Incentives, UK-US Wealth Planning, Japanese Pension Investments
A roundup of expat financial news covering Dubai tourism incentives, UK-US wealth planning considerations, and Japanese pension investment developments. No single policy change is detailed in the excerpt.
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US Residence-Based Taxation Legislative Path Explained at 2026 Expats Financial Conference
Brandon Mitchener of Tax Fairness for Americans Abroad presented at the 2026 US Expats Financial Conference on the legislative steps required to shift the US from citizenship-based to residence-based taxation. The session outlined the current congressional pathway for such a reform.
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Countries for Americans to Retire Abroad: 2026 Overview
An overview of countries where Americans can retire outside the U.S., covering considerations such as healthcare access, residency requirements, and practical livability. The guide addresses how to evaluate options from a distance.
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Using U.S. Retirement Accounts (401k/IRA) for Portugal Golden Visa Investments
Americans holding 401(k), IRA, or similar retirement accounts may in certain circumstances be able to use those funds to make a qualifying investment for the Portugal Golden Visa. The article outlines conditions under which this is possible.
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Wealthy Americans Seeking Golden Visa Residency Outside the US, L.A. Times Reports
The L.A. Times published an article on wealthy Americans, particularly Californians, pursuing golden visa residency programs abroad as a hedge against US political uncertainty. The piece covers the trend of converting capital into second passports and overseas residency.
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Panama Visa, Tax, and Property Overview for US Expats
Three specialists at the 2026 US Expats Financial Conference addressed questions from Americans on Panama visas, US tax obligations, banking, investing, and cross-border financial planning. The session covered residency options and property ownership considerations for US citizens relocating to Panama.
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Tax, Visa, and Property Overview for Americans Moving to Portugal
Cross-border experts address common questions from Americans relocating to Portugal, covering taxes, visas, property purchases, and financial planning compliance. Topics include how to remain tax-compliant as a US citizen living in Portugal and what to expect during the relocation process.
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Guide to Practical Considerations for Americans Moving to Mexico
The guide covers practical aspects of relocating from the US to Mexico, including residency paperwork, cost of living, infrastructure differences, and daily life logistics. Topics include walkability, Spanish-language requirements, water safety, and seasonal disruptions.
