Ephraim Moss and Joshua Ashman, co-founders of Expat Tax Professionals LLC, take a closer look at key areas to watch for US expats.
According to a report published by the United Nations Department of Economic and Social Affairs, the number of Americans living in the UK was estimated at 212,150 in 2015. This represents a sizable group of Americans living in just one foreign country. For US expats living in the UK, there are a number of US tax considerations to keep in mind. Below we list the five key tax considerations heading into the 2017 US tax season. 1. Your US tax obligations endure US expats so often mistakenly believe that once they move abroad, their US tax obligations cease to exist. In fact, as a basic...
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