Expat Tax Preparation
Complete Form 1040 preparation for Americans abroad, including all foreign schedules and disclosures.
- Foreign earned income and housing exclusions
- Foreign tax credit planning
- FBAR and Form 8938 coordination
Tax preparation and planning for Americans living abroad — expat returns, FBAR and FATCA compliance, the Foreign Earned Income Exclusion, streamlined filing for back taxes, and year-round advice in plain English.
Living outside the US does not end your US tax obligations — it adds to them. We handle the full picture: the return, the foreign disclosures, and the planning that keeps your lifetime tax bill down.
Complete Form 1040 preparation for Americans abroad, including all foreign schedules and disclosures.
Foreign account reporting done correctly — the penalties for getting it wrong are severe.
The two biggest levers in expat taxation — we model both against your actual numbers.
Years behind? For eligible taxpayers whose past failures were non-willful, the IRS Streamlined Procedures can bring you current with reduced penalties.
Leaving a high-tax state takes more than a plane ticket — we help you cut ties cleanly.
US-based business structure for location-independent earners, through the Triumph network.
If your life spans two tax systems, you need an advisor who lives in both. We work with US citizens and green-card holders in every time zone.
Employees and executives on assignment overseas. Foreign housing, cost-of-living adjustments, and equity compensation — reported correctly.
Location-independent earners with 1099 income, foreign clients, and multi-country bank accounts. Quarterly estimates that fit irregular income.
Service members, diplomats, and contractors on overseas postings. Combat-zone exclusions and special filing rules handled.
Born in the US or to US parents but living abroad all your life? We explain your obligations plainly and map the path to compliance.
Tell us where you live, what you earn, and where your accounts are. We map every filing obligation — US federal, state, FBAR, FATCA — before quoting your engagement in writing.
We prepare your returns and disclosures, model FEIE against the Foreign Tax Credit, and review everything with you by video before anything is filed.
Deadlines tracked across time zones, estimates planned, questions answered. When a notice arrives or a move is planned, you call someone who already knows your file.
Yes. The United States taxes its citizens and green-card holders on worldwide income regardless of where they live. Filing does not always mean owing — the Foreign Earned Income Exclusion and the Foreign Tax Credit eliminate US tax for many expats — but the filing obligation remains, along with foreign account disclosures.
The FBAR (FinCEN Form 114) is a separate report — not part of your tax return — required if the combined balance of all your foreign financial accounts exceeded $10,000 at any point during the year. Penalties are severe: willful violations carry the heaviest penalties, and even non-willful violations can be penalized. We determine whether you have a filing obligation and prepare it.
It depends on your income level, the tax rates where you live, and your long-term plans. The exclusion (up to $130,000 of foreign earnings for tax year 2025 — the figure is indexed annually) suits lower-tax countries; the credit often wins in high-tax countries and preserves IRA eligibility. We model both against your actual numbers rather than guessing.
In most cases, yes. The IRS Streamlined Filing Procedures let non-willful taxpayers file 3 years of returns and 6 years of FBARs with reduced penalties and no criminal exposure. We assess whether you qualify, prepare the full package, and handle the certification carefully.
It depends on the state. Some states (California, New York, Virginia, South Carolina, New Mexico) are notoriously “sticky” and may claim you are still a resident. Proper domicile planning before you leave — voter registration, driver’s license, property ties — is the defense. We review your exposure and document your exit.
It depends on your situation — a single filer with one foreign employer is a very different engagement from a business owner with multi-country accounts and back years to fix. What we can promise: every engagement is quoted in writing before work begins. No surprise bills, ever.
Tell us where you live and what you need. We respond within one business day, across time zones — and the first conversation is about whether we are the right fit, not a sales pitch.
Location: South Florida — serving Americans abroad worldwide, fully remote.
Email: totalsourcenet@gmail.com
Pricing: quoted in writing before any work begins.
Se habla español. We serve Spanish-speaking expats as well.