US Taxes For Americans Abroad: The Easy Guide To Saving Money

If you want to save money and stay in compliance while living abroad, then keep reading.

US tax can be complicated. Expats have to navigate an expansive tax code, tax treaties, nuanced reporting obligations, and other unique rules.
In addition, you need to make decisions that are 100% legal and optimal in the long-term.

In short, tax as an American abroad is overwhelming.

As expat entrepreneurs themselves, Vincenzo Villamena and John Hamilton, CPAs at Online Taxman, know firsthand that being a US taxpayer abroad is far from simple.

Using clear and simple terms, Vincenzo and John break down the essential tax strategies that you need to know. Capitalizing on over 30 years of combined experience and after building a premier boutique expat tax firm, Vincenzo and John share key insights on expat tax benefits and strategies, retirement planning abroad, running a business while living overseas, and more.
No book can replace personalized expert advice, but this book will give you fundamental information all expats should know about US taxation.

Vincenzo and John and their experienced team at Online Taxman have helped thousands of Americans abroad from around the world to optimize their tax returns and get into compliance. They have been featured in Forbes, The Wall Street Journal, Huffington Post, CNNMoney, Yahoo! Finance, and at International Living and Live and Invest Overseas conferences.
In this book, you will discover:

• 3 powerful strategies expats use to reduce or eliminate their entire US tax bill
• The most common tax myths expats fall for
• What you should do before you move abroad
• Why renting a home abroad can actually lower your US tax burden
• The assets you need to report to the IRS (and which you don’t)
• How to accumulate dollar-for-dollar credits and use them to slash your future tax bill
• How to exclude up to $100,000 from taxes, 100% legally
• How to make sure you don’t keep paying state taxes after you leave the US
• The huge tax implications of marrying a non-US citizen
• The expat tactics you can use to maximize your retirement plans and investments
• The advantages and disadvantages of opening an offshore company (and what other options you have)
• The tax obstacles that digital nomads need to be aware of (and what you can do about them)
• What you need to consider before you renounce US citizenship and a step-by-step guide through the process
• The unexpected costs and impact of renouncing US citizenship
• What to consider before opening an offshore company or bank account (and how to find the best jurisdiction for you)
• The one investment you must avoid while living overseas

Whether you’re still planning your move abroad or are a seasoned expatriate, this book will give you real insights from expat accountants into how expats can easily save money abroad.
Even if tax season is your least favorite time of year, this book will make expat tax a breeze.