Foreign Entities Tax Exposure: Key Deadlines
March 15 📌 Form 5471: Due with partnership tax returns (Form 1065). Extensions are your friend if needed! 📌 Form 8865: Required with partnership returns. Don’t let this one slip by! April 15 📝 Forms 5471, 8865, 8858: File these with your individual (Form 1040) or...
U.S. Expats: Key Deadlines
April 15 📝 Form 1040: Regular tax return due—but expats get an automatic 2-month extension until June 15. 📝 Form 8938: Report foreign assets along with your tax return. 📝 Form 8858: File this if you have foreign disregarded entities. June 15 ✅ Extended Deadline: File...
The Hidden Costs of Being a U.S. Expat: A Fun Guide to IRS Reporting
Living abroad as a U.S. expat is the dream—new culture, new experiences, new adventures. But wait… the IRS doesn’t take vacations! Let’s break this down in a fun, simple way so you stay in their good books. 🤔 Why Does the IRS Still Care About You? Even if you live...