Navigate Expat Taxes In Tampa, Florida

Navigate Expat Taxes In Tampa, Florida

Learn More About Expat Tax Obligations  in Tampa

Trying to keep up with the ever-changing expat tax laws can be frustrating for many individuals abroad. You should be focused on your investments and business rather than worry about expat taxes, that’s where our Tampa tax team comes in. 

Frost Law’s strong working relationship with the IRS and other tax authorities gives us the edge over other tax firms. Our Tampa tax team is made up of dual tax attorneys and certified public accountants as well as certified financial planners, and former IRS advisors.

Frost Law will take care of the taxing expat tax laws while you focus on what’s really important. Talk to our Tampa tax team today at 410-497-5947 or fill out our contact form to schedule a consultation.

Find Answers To Your Expat Tax Questions In Tampa 

Every year, U.S. expats are obligated to file their Federal Tax Returns when their global income exceeds the filing threshold. 

Our Tampa tax team has highlighted quick facts regarding expat taxes and IRS Form 8854 below:

• Expats may be able to counteract foreign earned income with a foreign tax credit, foreign earned income exclusion, or foreign housing exclusion
• Foreign Bank Account Report (FBAR) need to be filed when the balance of the foreign accounts exceeds certain amounts
• Taxes may be able to be deducted if there is a dependent child with a U.S. Social Security number on your tax return
• Global income may include wages from abroad and the U.S., interest, dividends, and rental income

Taxation of Deceased Expat in Tampa

• A Foreign Bank Account Report (FBAR) must be filed on behalf of the deceased expat by a survivor
• U.S. estate tax may be imposed on an expat’s assets in the U.S
• The final tax return needs to be filed similarly as when the expat was alive
• The surviving spouse may become a qualified widow(er) for two years after the death of the deceased expat

Contact our Tampa tax team today if you need guidance with expat tax obligations, call us at 410-497-5947, or schedule a confidential consultation with our contact form.

Or visit our office at 400 N Ashley Dr. Suite 1900, Tampa, FL 33602, we are located across the street from the Riverwalk Tampa Florida.