Petroleum engineers have been touted as ones who have the most lucrative professions of today. With a cool six-figure salary, many have joined what is called a “black gold rush” starting in the early 2000s. Among the hopefuls, a good number of engineers realized the high demand for skilled workers to extract the wealth of […]
If you are not aware by now, Americans are taxed on their worldwide income, meaning your income from abroad is considered taxable income to the U.S. government. Through several exclusions, many expats usually end up paying no taxes to the IRS, but the “filing” portion of a tax return is required of most all expat […]
What Happens if I Can’t Afford to Pay My Taxes? Read Our Step by Step Guide on What to Do Everyone, take note: 2018 tax returns are due by April 15, 2019. The end of 2018 is just a few weeks away, and before you know it it’s already time to settle your taxes. It’s […]
Why You Should Use a Tax Preparation Software If your tax situation is complicated or you have your own small business, getting professional accountants and fully-trained and licensed tax preparers to assist you every April seems the best thing to do. However, you may need to ready your wallets because getting your personal accountant will […]
Teaching English abroad is an opportunity to achieve both prolonged cultural immersion and professional advancement. It is an attractive option for many recent graduates as well as seasoned professionals looking for a responsible and cost-efficient way to travel. But like other American professionals abroad, English teachers aren’t free from their U.S. tax obligations. The American […]
In 2005, NASA astronaut Leroy Chiao, the commander of the tenth expedition to the International Space Station, was orbiting above Earth on an 8-month long mission in space when April 15 rolled around. For those who don’t know, that is the usual U.S. tax deadline. One would assume the IRS will make an exception for […]
