Industry Expertise
CPA Services for US Expats and Americans Living Abroad
Expat tax preparation, Foreign Earned Income Exclusion (FEIE), Foreign Tax Credit (FTC), FBAR and FATCA compliance, and IRS Streamlined Procedures for late filers.
Who This Is For
US citizens and green card holders living abroad, dual citizens, returning expats, US persons working for foreign employers, and Americans with foreign retirement accounts, foreign pensions, or foreign-domiciled business interests.
Top Tax Issues for US Expats
Worldwide income reporting requirement
US persons report worldwide income on Form 1040, regardless of where they live or earn it. Foreign salaries, foreign rental income, foreign business profits, and foreign investment income are all reportable.
FBAR (FinCEN 114) and FATCA (Form 8938) overlap
Two parallel foreign-asset reporting regimes with different thresholds: FBAR ($10K aggregate any-day) and Form 8938 (varies by filing status and residency, e.g., $200K end-of-year for single overseas filers). Many expats must file both.
Foreign retirement account complications
Foreign 401(k)-equivalents (UK SIPP, Canadian RRSP, Australian Super) often face different US treatment than the home country: passive foreign investment company (PFIC) rules can apply to underlying funds, requiring Form 8621.
State tax exposure after moving abroad
Some states (notably California and New York) aggressively pursue residency claims even after relocation. Proper severance of state ties: driver's license, voter registration, property: is required to break residency.
Strategies TS CPA Uses
Foreign Earned Income Exclusion vs Foreign Tax Credit decision
In low-tax jurisdictions, FEIE (Form 2555) excludes up to $132,900 (2026) of foreign wages. In high-tax jurisdictions, FTC (Form 1116) eliminates double taxation completely and may produce excess credits to carry forward 10 years. Modeling both each year is essential.
IRS Streamlined Filing Compliance Procedures
Non-willful late filers can come into compliance via Streamlined Foreign Offshore (no penalty for taxpayers meeting non-residency criteria) or Streamlined Domestic Offshore (single 5% miscellaneous offshore penalty). Three years of returns + six years of FBARs + Form 14653 / 14654 certification.
Totalization agreements to avoid dual SS contribution
The US has totalization agreements with 30+ countries that prevent dual Social Security contributions on the same wages. A Certificate of Coverage proves the exemption.
Strategic timing of retirement account withdrawals
Foreign pension and retirement account withdrawals can be timed to fall in years when FEIE / FTC absorbs the US tax, dramatically reducing lifetime tax on the same withdrawals.
Services for US Expats
International Taxation
US tax returns and foreign asset reporting for Americans abroad, foreign nationals in the US, and anyone holding offshore accounts or entities.
Streamlined Filing Compliance Procedures (SDOP & SFOP)
Two IRS amnesty tracks for non-willful filers with unreported foreign accounts: SDOP gives U.S. residents one 5% offshore penalty, SFOP carries zero penalty for taxpayers who lived abroad. CPA-prepared, flat fee.
Individual Tax Preparation
Tailored and accurate tax preparation, because your financial situation deserves more than a template.
Tax Planning & Strategy
Year-round, proactive tax planning that puts more money back in your pocket, not the IRS's.
Tax Forms US Expats Should Know
Key Tax Terms for US Expats
Foreign Earned Income Exclusion (FEIE)
A tax provision allowing qualifying US citizens and residents living abroad to exclude a portion of foreign-earned wages and self-employment income from US taxation.
Foreign Tax Credit (FTC)
A dollar-for-dollar credit on the US tax return for income taxes paid to a foreign country, designed to prevent double taxation.
FBAR (Report of Foreign Bank and Financial Accounts)
A FinCEN Form 114 filing required of US persons who hold foreign financial accounts with an aggregate value exceeding $10,000 at any point during the year.
FATCA (Foreign Account Tax Compliance Act)
A US law requiring foreign financial institutions and certain US taxpayers to report foreign financial accounts and assets to the IRS.
IRS Streamlined Filing Compliance Procedures
An IRS amnesty program for non-willful US taxpayers who failed to report foreign financial accounts and assets, allowing catch-up filing without standard penalties.
Related Articles
Late Form 5471 or 3520? The DIIRSP Path Explained
Missed a Form 5471, 5472, 8938 or 3520? How the delinquent international information return procedures work in 2026, and what they no longer promise.
Expatriation Tax Planning Before You Renounce
Renouncing US citizenship? The covered expatriate tests are measured on your expatriation date. What to review, fix, and document before you set one.
Form 1116 Baskets: Why You File More Than One
Form 1116 sets a separate credit limit for each IRC 904(d) category. Learn the seven baskets, passive versus general, and the high-tax kickout.
Form 5471 Penalties: $10,000, Continuation & Relief
Form 5471 penalties in 2026, from the $10,000 base penalty and $50,000 continuation cap to the foreign tax credit offset and reasonable cause relief.
Form 5472 for Foreign-Owned Single-Member LLCs
A foreign-owned single-member LLC must file Form 5472 with a pro forma Form 1120, even with zero income. Miss it and the penalty starts at $25,000.
Form 8938 vs FBAR: Which One Do You Have to File?
Form 8938 and the FBAR report different things at different thresholds, and filing one never satisfies the other. Here is how to tell which applies to you.
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