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Form 1040 and FBAR (FinCEN 114) for U.S. expats in Spain and Portugal
Since 1965, we’ve helped American expats navigate their U.S. tax obligations—no matter where they live or where their income comes from. In our websites you will find information on who needs to file, what deductions are available, deadlines, and much more whether you...
“Back to school” at the Navy Exchange, Naval Station Rota, Spain
US Tax Consultants participated in the “Back to School” event at Navy Exchange, Naval Station Rota, Spain, on August 14. We had the privilege of being introduced by Capt. Charles A. Chmielak, who held a brief conversation with Mr. Richard Griffith, retired military...
The Spanish Treasury Intensifies Cash Control: Withdrawals Over €3,000 Under Scrutiny
The Spanish Tax Agency has strengthened its oversight of cash transactions to prevent transactions linked to tax fraud or the use of undeclared funds. In this context, cash withdrawals or deposits exceeding €3,000, as well as those involving €500 bills, must be...
How Much Cash Can You Legally Keep at Home in Spain?
In times of uncertainty keeping cash at home has regained importance.
Europe leads the way for digital nomads, claiming 9 of the 10 top spots
The remote work revolution has turned Europe into one of the world’s most attractive destinations for digital nomads.
Accidental Americans and the IRS Streamlined Procedure
Accidental Americans refers to people who hold U.S. citizenship—often without realizing it. The Streamlined Procedure waives failure-to-file and pay penalties.
Senate Passes Trump Tax Bill
The Senate’s passage of the Trump tax bill marks a dramatic shift towards making the 2017 tax cuts permanent and rewarding workers and businesses with new deductions and incentives.
Special Agreement for Healthcare Assistance Provision in Spain
The special agreement for healthcare assistance allows affiliation with the National Health System (SNS), the public health insurance regime, and is aimed at economically inactive foreign citizens who need to contract health insurance to reside in Spain, in accordance...
Since 2013, the IRS and the Spanish Tax Agency (AEAT) have been exchanging tax information
The U.S. has signed bilateral agreements with all countries in a format like CRS.
New White Paper Documents Sprawling Abuses and Violations of Rights by the Spanish Tax Authority
Amsterdam & Partners LLP denounces the climate of fear that has been created by Spain’s Hacienda, presenting extensive documentation in their findings of alleged misconduct
Customer Satisfaction Survey 2024
During the months of February and March 2025, we invited all clients who had requested one or more of our services during 2024 to participate in a quality survey like the one we conducted in 2020. First and foremost, we would like to thank the clients who participated...
Encuesta de satisfacción 2024
Durante los meses de febrero y marzo de este 2025 invitamos a todos los clientes que hubiesen solicitado uno o más de nuestros servicios el año anterior, a participar en una encuesta de calidad similar a la que realizamos en el año 2020. Antes que nada, agradecer a...
Why use the same preparer for the Modelo 100 and Form 1040
Why You Might Need to File Both Spain’s Modelo 100 and the U.S. Form 1040 with the same preparer. If you’re navigating life between Spain and the United States, whether personally or professionally? You may find yourself in the unusual — but increasingly common —...
Challenges for Expats and Those Considering Moving Abroad
In today’s interconnected world, financial complexities continue to grow for expatriates, individuals considering relocating abroad, and foreign nationals residing in the United States. Each year brings more stringent oversight, broader tax exposure, and evolving...
Tax Filing Extensions for U.S. Expats. Form 1040
What You Need to Know in 2025. As April 15 approaches each year, many U.S. taxpayers scramble to get their returns submitted in time. But for Americans living abroad, navigating tax deadlines can be even more complex. Even though you may live overseas, you’re still...
Trump Orders Government to Stop Using Checks for Refunds
Trump signed an Executive Order to modernize how the government handles money, switching from refund checks to fast, secure electronic payments.
Why hasn’t the Fed lowered interest rates?
It has been speculation about expectations of interest rate cuts and how they would affect you, but the Federal Reserve has ultimately not lowered them
The AEAT is serious: The profiles that will closely monitor in 2025
The Tax Agency is not beating around the bush, and in 2025 it is clear who it will be keeping a close eye on. With its new 2025 Tax Control Plan, the Treasury has targeted several profiles that could be engaged in "tax juggling." The idea is simple: combat fraud, the...
The AEAT is preparing to fine those who fail to file Modelo 720 this month.
Many taxpayers forget to declare their assets abroad, risking penalties that can reach €20,000. Learn about Modelo 720 and avoid surprises. The Ministry of Finance requires those with bank accounts, securities, insurance, or real estate abroad to file Form 720 before...
Your Feedback Matters! Participating in Our Customer Satisfaction Survey 2024
We highly value your opinion and would love for you to participate in our Customer Satisfaction Survey 2024 if you received any of our services during the year 2024. This survey is an essential tool that helps us continuously improve the quality of our offerings and...
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