Navigate Your Expat Taxes In West Palm Beach, Florida

Navigate Your Expat Taxes In West Palm Beach, Florida

Receive Direction With Your Expat Taxes In West Palm Beach

Even while living abroad, expats are supposed to comply with U.S. expat tax laws. Our West Palm Beach tax team is here to help you achieve compliance and avoid complications with the IRS and other tax authorities. 

Expat taxes can be difficult to follow. As a U.S. expat you should be concentrated on your international investments and income rather than agonizing over compliance with expat tax laws. That’s where we come in.

Frost Law’s working relationship with the IRS and other tax authorities gives us the edge over other tax firms. Our West Palm Beach international tax team is made up of international tax attorneys, certified public accountants, certified financial planners, and former IRS advisors.

Our West Palm Beach tax team will handle the intricate expat tax laws while you focus on what’s really essential. Call our tax team today at 410-497-5947 for your free consultation.

Receive Guidance On Your Expat Taxes In West Palm Beach

U.S. expats are obligated to file a Federal Tax Return every year if their global income surpasses the filing threshold. Below we have highlighted a few quick facts about expat taxes and IRS Form 8854.

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

Deceased Expat Taxation

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

If you’re dealing with expat taxes, contact our West Palm Beach tax team at 410-497-5947 or schedule a confidential consultation with our contact form.

Or you can visit our office located at 777 S Flagler Dr. Suite 800 West Palm Beach, FL 33401. We are just off of Lakeview Boulevard, right before the Royal Park Bridge to Palm Beach.