Services

US Tax Preparation for American Expats

US Tax Prep

  1.  

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. We are experts on taxes for Americans living abroad and have prepared thousands tax returns over the years. Let us help you with your taxes this year. Our process is simple and convenient

To protect your privacy we use a secure portal for transferring all of your confidential information.

  1. Click the “Make Appointment button above 
  2. Select the appointment type along with the date and time that work for you
  3. Fill out your information
  4. You will be provided with an international toll-free number to reach us at your scheduled appointment
  5. We will provide you an overview of our service and review your situation
  6. We will provide you an overview of our service review your situation and provide a free fee quote
  7. Prepare your tax return and other necessary forms
  8. If you agree to the quote, we would prepare your tax and information returns
  9. You review and we file

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.

Canadian Tax Prep

Americans living in Canada as well as Canadian residents may be required to file a Canadian tax return. American Expat Tax Services is experienced in preparing Canadian taxes. In fact we have team members in Canada. 

For Americans in Canada we are adept at deciphering the US-Canadian Tax Treaty its impact on our clients. American Expat Tax Services can help you navigate through the maze of forms and regulations to get you into and remain in compliance. Contact AET today to speak to a Cross Border Specialist.

  1. Click the “Make Appointment button above 
  2. Select the appointment type along with the date and time that work for you
  3. Fill out your information
  4. You will be provided with an international toll-free number to reach us at your scheduled appointment
  5. We will provide you an overview of our service and review your situation
  6. We will provide you an overview of our service review your situation and provide a free fee quote
  7. Prepare your tax return and other necessary forms
  8. If you agree to the quote, we would prepare your tax and information returns
  9. You review and we file

Form 8621 Preparation

Do you or your firm provide tax services to American Expats with Passive Foreign Investments?

Form 8621 Prep

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.

American Expat Tax specializes in the preparation of the Form 8621 form for Expat Tax firms. In fact, our President , Mary Beth Lougen, knows them so well that she has spoken and written articles on the topic for publications like Bloomberg BNA.

We can prepare your Form 8621s for you. We will provide you with Form 8621 with all required statements ready to enter into your 1040 and finish your tax returns with confidence.

If you need more information let me know. My email is B.Lougen@Form8621.com.

Kovel Agreements

American Expat Tax Services & Kovel Agreements

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. The Kovel agreement can extend the attorney-client privilege to a tax expert’s communications that were “made in confidence for the purpose of obtaining legal advice.

Please contact us for more information – B.Lougen@amexpattax.com.

Accidental Americans

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. Same as all U.S. citizens who live in America.

Coming into compliance can be complex and failure to do so may result in significant penalties. Common terms associated with this are FBAR, FATCA, and Streamlined Filing. Let American Expat Tax be your advocate and help you determine your next steps and bring you in to compliance. Contact us today for a free tax consultation.

GILTI, Streamlined Filing & 965

Streamlined Filing

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.

Contact AET today to speak to an Expat Tax Specialist and let’s get started!

  1. GILTI income calculations
  2. Streamlined Filing for compliance
  3. Form 965 preparation – Deferred Foreign Income
  4. Preparation of Form 5471 (Shareholders of Foreign Corporations)
  5. Foreign Corporation returns
  6. Citizenship renunciation
  7. IRS Audit assistance