Remember that if you are a U.S. Person (US Citizens & Green Card Holders) tax resident in Spain, due to the bilateral treaty to avoid double taxation, you must pay taxes in Spain, but that does not exempt you from the obligation to also report it in US Individual...
The 4 fiscal obligations for expats in Spain. All U.S. Citizen you are required to file a U.S. Individual Tax Return every year, wherever in the world they live, reporting your worldwide income, even if you pay taxes in Spain. You must file (1) the Form 1040...
In order to offer a better service, U.S. Tax Consultants has developed an information system that allows our clients to know in which phase of the preparation process your return is. A process that consists of eight different phases and of which the client will be...
In 2019-2020, FBAR Penalty Enforcement is at an all-time high. If a person does not timely file their annual FBAR with FinCEN in the current year, they may be subject to FBAR Penalties — but the penalties may be reduced or even eliminated through reasonable...
The official tax deadline to file your federal income tax return each year can be a little shifty. Yes, it’s supposed to be April 15—unless something interferes with that timing, like the date falling on a weekend or a holiday. Tax deadlines are moved to the...
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