Expat Taxation 101—Everything The American Abroad Needs To Know
Dec. 13, 2011, Panama City, Panama: Most Americans overseas can handle their own U.S. tax filing and reporting obligations with a basic understanding of the tax issues for the American overseas and TurboTax. The two key tools are the Foreign Earned Income Exclusion and the Foreign Housing Exclusion.
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Dear Live and Invest Overseas Reader,
Yesterday, I mentioned that most tax loopholes for going offshore were closed with the U.S. Tax Reform Act of 1986. That is not to say that an American can't still enjoy tax benefits by diversifying his life internationally. You can.