💼 Thinking About Renouncing U.S. Citizenship? Learn About the Exit Tax (and Why You Most Likely Won’t Owe It) If you’re a U.S. expat considering renouncing your citizenship or giving up your green card, you may have heard about the Exit Tax. While it sounds intimidating, most expats won’t actually owe it. Here’s why: ✅ What the Exit Tax is and how it’s calculated. ✅ Who it applies to (hint: there’s a $2 million net worth test). ✅ Steps to ensure compliance and avoid unnecessary tax liabilities. 📖 Read the full article here: https://buff.ly/3phn8zf 💡 Expatriation doesn’t have to be complicated or costly. Let 1040 Abroad help you navigate the process with confidence. #ExpatTaxes #ExitTax #RenouncingCitizenship #USExpats #IRSCompliance #1040Abroad
About us
1040 Abroad is a professional tax firm dedicated to helping US expats stay compliant with the IRS while living abroad. We have over a decade of experience in providing tax services to clients from all over the world. Our team of experts is committed to helping individuals navigate the complex tax laws and regulations that come with living outside of the United States. We provide personalized and tailored solutions that ensure our clients meet all their tax obligations while maximizing their deductions and exemptions. Our goal is to make the tax process as seamless and stress-free as possible, giving our clients the peace of mind they need to focus on their life abroad. Contact us today to learn how we can help you become and stay compliant with US tax laws. Our approach is to maximize your wealth while minimizing your tax burden. We understand that being tax compliant is a complex and complicated process and therefore are determined to offer the best available options for every client based on their individual situation. Being both digital nomads and expatriates, we understand the lifestyle and priorities of the people who come to us for help. At 1040 Abroad we are value-driven and we are lucky to share them with each and all of our customers. 1) Excellence. We are ready to help and advise you on the best solution for your cases with accuracy and reliability. 2) Customer Focus. We offer tailored complex solutions to take a burden of your tax return. 3) Trust. We believe that trust and passion come first when you want to succeed. Welcome to 1040 Abroad!
- Website
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https://1040abroad.com/
External link for 1040 Abroad
- Industry
- Accounting
- Company size
- 2-10 employees
- Headquarters
- Toronto, ON
- Type
- Privately Held
- Founded
- 2012
- Specialties
- Taxation, Accounting, US Expat tax, International US taxes, and US citizenship
Locations
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Primary
5th Floor
Toronto, ON M5G 1Y8, CA
Employees at 1040 Abroad
Updates
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🌍 Working Abroad? Here's How to Avoid Paying U.S. Social Security Tax If you're a U.S. expat working overseas, did you know you might not need to pay U.S. Social Security taxes? Our latest blog explains: ✅ How Totalization Agreements work to eliminate dual taxation. ✅ Countries that have agreements with the U.S. and what it means for you. ✅ Tax-saving strategies for U.S. expats working abroad. 📖 Read the full article here: https://buff.ly/3ZypYhV 💡 Let 1040 Abroad guide you through the complexities of U.S. expat taxes and help you maximize your savings. #ExpatTaxes #SocialSecurityTax #USTaxes #WorkingAbroad #TotalizationAgreement #IRSCompliance #1040Abroad
Do Expats Pay Social Security Tax?
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🌍 Are Foreign Pensions Taxable in the U.S.? If you're a U.S. expat receiving income from a foreign pension, understanding the IRS rules and reporting requirements is essential. Our latest blog covers: ✅ When foreign pensions are considered taxable by the U.S. ✅ How tax treaties can reduce or defer taxation. ✅ The key IRS forms to file, like Form 1040, Form 8938, and FBAR. ✅ Strategies to minimize double taxation and stay compliant. 📖 Read the full article here: https://buff.ly/4gcaxDf 💡 Don’t let foreign pension taxes overwhelm you—1040 Abroad offers expert guidance and free tax advice for U.S. expats. #ExpatTaxes #ForeignPensions #USTaxes #IRSCompliance #TaxTreaties #1040Abroad
Are Foreign Pensions Taxable in the US?
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🇨🇦 Do You Hold an RESP as a U.S. Expat in Canada? If you're a U.S. citizen with an RESP in Canada, understanding the tax implications is crucial—especially after the IRS issued Revenue Procedure 2020-17. 📑 Our latest blog explains: ✅ How RESPs are treated under U.S. tax law. ✅ The impact of Revenue Procedure 2020-17 on RESP reporting requirements. ✅ Strategies to avoid double taxation and stay compliant. 📖 Read the full guide here: https://buff.ly/4gvosUt 💡 Let 1040 Abroad help you navigate the complexities of cross-border tax laws and IRS compliance. #ExpatTaxes #USExpats #RESP #CrossBorderTaxes #IRSCompliance #1040Abroad
RESP Tax Rules for U.S. Expats: What You Should Know
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🇫🇷 U.S. Expats in France: Do You Own a SARL? If you’re a U.S. expat running a SARL (Société à Responsabilité Limitée) in France, understanding the tax implications is essential to stay compliant with both French and U.S. tax laws. 🧾 Our latest blog explains: ✅ How SARLs are treated for U.S. tax purposes. ✅ Reporting requirements for foreign corporations. ✅ Key forms like Form 5471 and how they apply. ✅ Avoiding double taxation with foreign tax credits. 📖 Read the full guide here: https://buff.ly/3Bs9aRC 💡 Don’t let complex tax situations overwhelm you. Let 1040 Abroad help you navigate the intricacies of expat taxes and SARL ownership. #ExpatTaxes #USExpats #SARL #ForeignCorporation #TaxCompliance #1040Abroad
U.S. Tax Implications of Owning a SARL Company in France
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🚨 2025 Expat Tax Deadlines You Should Know It may be December, but it’s never too early to plan ahead and stay on top of your tax obligations as a U.S. expat. 🌍 Our latest blog highlights all the key deadlines you need to know: ✅ April 15: Deadline to pay federal taxes. ✅ June 16: Filing deadline for U.S. expats. ✅ October 15: Extended filing deadline. ✅ March 15: Deadlines for foreign-owned LLCs. From filing FBARs to managing foreign financial accounts, we’ve got the details you need to avoid penalties and stay compliant. 📖 Read the full guide here: https://buff.ly/3ZPjPzi 💡 Start the new year with confidence—reach out to 1040 Abroad for expert help with your expat taxes. #ExpatTaxes #TaxPlanning #USExpats #FBAR #TaxObligations #1040Abroad
Key U.S. Expat Tax Deadlines for 2025
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Living in Germany as a U.S. citizen? Our article covers everything you need to know about U.S. expat taxes—from filing requirements to available credits—so you can avoid double taxation and stay compliant abroad. 👉 https://buff.ly/3U61sma Get the insights you need for stress-free filing! #USTaxes #ExpatTaxes #1040Abroad #TaxTips #ExpatsGermany #ExpatLife
U.S. Expat Taxes for Americans Living in Germany
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Are you a U.S. citizen living in Australia? 🦘 Our article breaks down everything you need to know about U.S. expat taxes—from filing requirements to credits that help you avoid double taxation. Stay compliant and informed while living Down Under! 👉 https://buff.ly/3Nn52Vj Get tax clarity and make your filing simple! #USTaxes #ExpatTaxes #1040Abroad #TaxTips #ExpatsAustralia #ExpatLife
U.S. Expat Taxes in Australia
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Form 1040 got you puzzled? 🤔 Our article covers everything you need to know about the U.S. Individual Income Tax Return—Form 1040. From filing requirements to key sections, we've got you covered for a smoother tax season! 👉 https://buff.ly/3zRjl1t Make filing easier with the right information at your fingertips! #USTaxes #Form1040 #1040Abroad #TaxTips #ExpatTaxes #TaxSeason
Form 1040: U.S. Individual Income Tax Return
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Are you a U.S. citizen living in the UK and unsure about filing your U.S. taxes? Our guide walks you through the steps, tax credits, and deductions available to help you file with confidence and avoid double taxation. 👉 https://buff.ly/4821UYy Get the clarity you need to stay compliant! #USTaxes #ExpatTaxes #1040Abroad #TaxTips #ExpatsUK #ExpatLife
How to File a U.S. Tax Return if You Are Living in the U.K.
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