President Biden’s tax plan to raise capital gains is also being considered by other countries worldwide. Biden has suggested doubling the capital gains tax rate for the highest earners in America. Tax experts in the US and EU have suggested that other countries will be having...
The US government has a history of neglecting its citizens living abroad and helping them to feel undervalued, underrepresented and overburdened by their complicated taxation system. Are taxes the reason 1 in 4 Americans living abroad want to renounce citizenship? Well, it would seem so, because according...
Although some companies are adopting a more flexible approach to working hours, very few took it so far that you could be work remotely for a company in Hawaii while based in Spain. This remote working style mainly was reserved for freelance workers and international...
When people ask for tax advice relating to the US taxation system, it’s difficult not to go over the top talking about how interesting their tax system is. Of course, whether it is interesting depends on your point of view. We ask the question, is resident...
Joe Biden recently signed the American Rescue Act, following which, over $5 trillion has been spent on multiple stimulus programs in an attempt to combat the impact covid-19 has had on the US economy. A large amount of this money is being used to help...
The amount of tax that people pay in the UK seems to increase year upon year. Granted, tax increases in the foreseeable future could be a reflection of the impact the covid-19 pandemic has had on the UK economy, but even before this, taxes in...
With Joe Biden having been sworn in as the 46th President of the United States three months ago, it is no surprise that changes to the US tax policy are imminent. Joe Biden has recently released his new Made In America tax plan, which comes...
The US tax system can be complicated and it’s important to be able to navigate it in order to avoid unwanted fees or penalties. This system becomes even more complex if you are a US Expat, meaning you are living/working in a country other than...
On March 12th, the IRS confirmed they would be sending out direct deposits and mailing checks containing the third round of covid payments to Americans. These can be expected within the next several weeks. As the third round of stimulus checks begin to get sent out,...
Ingleton Partners on changes to US tax payment deadlines due to Covid-19. Due to the unprecedented impact of the global pandemic caused by Covid-19, the US federal government has changed the deadline for filing and paying taxes. The IRS deadline for US citizens to file...