American Tax Services - Top Ways to Save

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Greenback Expat Tax Services

4 Ways your American Tax Services Provider can Save You Money! By Greenback Expat Tax Services.

Economy & Finance Business Technology

Helping you piece together the US Expat tax puzzle American Tax Services – Top Ways to Save on Your US Expat Tax Return

Introduction Moving to a foreign country comes with unique challenges and requires you to learn new information about many things, and your American tax services provider should help guide you through the tax puzzles you face. In this presentation we will discuss four great ways your American tax services provider can help you to save on your US expat return .

Take Advantage of the Foreign Earned Income Exclusion ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Take advantage of the Foreign Tax Credit ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],A good American tax services provider will fully explain how the Foreign Tax Credit works . You can save a lot of money on your US expat taxes by taking advantage of the Foreign Tax Credit - Form 1116 , especially if you live in a high tax country, such as the UK or Germany.

Adjust your Foreign Housing Allowance ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Use the Most Advantageous FX Dates A good American tax services provider will look at the best date to use for currency conversion on your US taxes. ,[object Object],[object Object],[object Object],[object Object],Your American tax service provider should look at how you earned your income and the FX rates on the specific day, the monthly average and the annual average to make sure you get the very best conversion rate.

Watch Out for Hidden Fees It’s imperative to know what your American tax service provider will charge you for your expatriate tax return, before you start! It happens all too often that expats believe they’ll be paying one amount only to be hit with extra charges and fees on their final bill . Make sure you know the final price before you start! ,[object Object],[object Object],[object Object],[object Object],[object Object]

Conclusion There are numerous ways to save money on your US expatriate tax return. A good American tax service provider is essential to make sure you receive all of the credits and exemptions you are due . Greenback Expat Tax Service is an American tax Services provider focused on US citizens living abroad. We charge a flat rate fee of $329 to prepare your US expat tax return and there are no hidden fees . Visit us today at: www.GreenbackTaxServices.com

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