Are you a US green card holder or citizen living abroad and need to file your US Tax return?  We can assist you file your US Tax return. 

Dual Residents

As a U.S. citizen or green card holder, even if you have permanently moved to a foreign country you still need to file annual U.S. tax returns. But, you will likely qualify for special tax benefits that can reduce or eliminate your U.S. tax liability. These rules are complex and ignoring your filing requirements can lead to substantial penalties and increased taxes in future years that could have been avoided.  South Loop CPA LLC understands your needs and regularly assists dual-residents with their U.S. taxes. We pass the savings that our knowledge and experience brings on to you. And our remote service makes the whole process painless.

If you haven’t been filing, the time to take action is now. You’ve probably heard of FATCA and the new rules requiring foreign banks to begin reporting information about certain U.S. citizen account holders. Don’t spend another moment worrying about your U.S. taxes. The IRS is currently offering an amnesty program for dual-residents who might have mistakenly overlooked some of these complex reporting requirements or didn’t realize that they needed to file at all. This program could end at any time so contact us right away to determine your options.

Working Abroad

A foreign work assignment brings about a unique set of challenges and places you in a situation where you have tax laws to consider in two different countries. While you do still need to file U.S. tax returns, there are various tax breaks that can reduce or eliminate your U.S. tax liability. Maintaining timely compliance with U.S. tax laws during your foreign assignment is the key. South Loop CPA LLC takes the hassle out of your continued U.S. tax obligations so you can focus on the important trials that your new work assignment brings.

By deciding to handle your U.S. tax obligations when you return, you face increased taxes, penalties, and interest that could have been avoided. You may even miss out entirely on tax breaks that would have been available had you filed timely. Through our remote expat tax service, South Loop CPA LLC can help you file no matter where you are currently working.  We understand your needs and will make sure you don’t have any surprises waiting for you when you return from your work assignment abroad. 

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Learn more about your reporting requirements be reading our article on - Expatriate Tax Preparation