Our Services

US Tax Preparation for American Expats

Are you in compliance with your US taxes or just aren't sure? Not sure if you are even a citizen legally? The U.S. taxes its citizens on their worldwide income even if they live outside the country and the penalties for not filing can be high. We work with taxpayers and their financial advisors all over the world and we have over 30 years of experience doing it.

At American Expat Tax our sole focus is Expat Taxes...

COVID-19 Tax Impacts on American Expats

As an American Expat the updates to the tax law in response to the COVID-19 outbreak can be confusing. At American Expat Tax we are staying on top of those changes for you.    

Canadian Tax Preparation

There are over a million Americans living in Canada, most of whom are required to file US income tax and information returns each year.  

The complexity of the US Tax Code and offshore regulations within the Internal Revenue Code coupled with the high cost of penalties have made it almost impossible for the lay person to prepare their own tax documents with any level of confidence that they have covered all the bases...

Kovel Agreements

American Expat Tax Services & Kovel Agreements

We are experienced in working with Law firms under Kovel Agreements.

Kovel agreements are typically an arrangement between an attorney, a Tax Expert (typically an Enrolled Agent or US Tax Court Practitioner) and the client. The Kovel engagement letter must provide each party’s role, particularly that the tax expert's work generally will be performed under the direction of the attorney...

Form 8621 Preparation

Do you or your firm provide tax services to American Expats?

As you know many of these Expats likely have Passive Foreign Investments (PFICs) which require filing the Form 8621. Tax and reporting rules for Passive Foreign Investment Company can be complicated and confusing. The form can also take hours to complete in fact the computation is so complex that none of the large commercial tax software programs currently perform the multi-level, convoluted math needed to complete the form...

GILTI, Streamlined Filing & 965

As one of the firms that is truly experienced with the tax complexities that face US expats, we offer additional services that other firms may not including...

  1. 1. GILTI income calculations
  2. 2. Streamlined Filing for compliance
  3. 3. Form 965 preparation - Deferred Foreign Income
  4. 4. Preparation of Form 5471 (Shareholders of Foreign Corporations)
  5. 5...

Foreign Trust Reporting Exemption and Penalty Abatement

The IRS has issued guidance in regards to Forms 3520 and 3520A in Rev. Proc. 2020-17 that  that modify the requirements under section 6048 to exclude eligible individuals’ transactions with, or ownership of, these applicable tax-favored foreign trusts from information reporting which may change or eliminate the reporting requirements for certain foreign trusts such as those that provide retirement benefits, educational savings and disability benefits...

Accidental Americans

Many citizens of foreign countries also happen to hold a U.S. citizenship without ever residing in the U.S (or only doing so as children). They may have it because they were born in the U.S. or received it from their parents, which is why they are referred to as Accidental Americans.

Regardless of how the US citizenship was obtained, they are still required to file an annual tax return with the IRS on their worldwide income...