Philadelphia, Pennsylvania Expat Taxes

Philadelphia, Pennsylvania Expat Taxes

Get Confidential Expat Tax Guidance in Philadelphia

Even when living abroad, expats are expected to comply with U.S. tax laws. Our Philadelphia expat tax attorneys are here to help you achieve compliance and avoid complications with the IRS and other tax authorities. 

Expat taxes can be complicated to understand. As a U.S. expat you should be focused on your international investments and income rather than worrying about complying 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 Philadelphia international tax team consists of international tax attorneys, certified public accountants, certified financial planners, and former IRS advisors.

Our Philadelphia team will handle the complicated expat tax laws while you focus on what’s really important. Call our tax team today at 410-497-5947 or fill out our contact form to schedule a consultation. 

Do You Need Guidance On Expat Taxes in Philadelphia?

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

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

Taxation of Deceased Expat

• U.S. estate tax might 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
• A Foreign Bank Account Report (FBAR) must be filed on behalf of the deceased expat by a survivor
• A surviving spouse may become a qualifying widow(er) for two years after the death of the deceased expat

If you’re dealing with expat taxes, reach out to one of our Philadelphia tax attorneys at 410-497-5947 or schedule a confidential consultation.

Or visit our office located just 5 minutes from Love Park at 1700 Market St #1005, Suite A Philadelphia, PA 19103. Our Philadelphia office is conveniently located directly next to the Parkway 1700 Market Garage.