Passport to Wealth

De: Passport to Wealth
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  • Resumen

  • Whether you're an expat, a digital nomad, or someone with ties to the US looking to explore opportunities abroad, join us on Passport to Wealth. Here we dive into the nuances of cross-border living as a US citizen living abroad.

    We'll be delving into essential topics such as managing your money while living abroad, staying compliant with US tax regulations, and uncovering stories of fellow expats who have forged the path to financial freedom while living abroad.

    So, grab your passport and join us on this journey!
    Copyright Savannah Chaffin
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Episodios
  • Voting from Overseas: How U.S. Citizens Abroad Can Make Their Voices Heard

    Voting from Overseas: How U.S. Citizens Abroad Can Make Their Voices Heard
    Sep 18 2024
    In this episode, we dive into the importance of U.S. expats participating in elections and how their vote can impact tax laws that impact them while living abroad. If you’re living outside the U.S., your vote can influence policies that directly affect your finances as an American abroad.

    We’ll guide you through the process of registering to vote from overseas, including how to request absentee ballots, meet state-specific registration deadlines and requirements, and how to cast your vote. Stay informed and ensure your voice is heard, no matter where you live!
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    11 m
  • Staying Ahead of Foreign Tax Law Changes: Strategies for Expats

    Staying Ahead of Foreign Tax Law Changes: Strategies for Expats
    Sep 13 2024
    In this episode, we discuss how to navigate foreign tax policy changes and how they can impact your US tax filing.

    We begin with a high-level review of the Foreign Tax Credit (FTC), which we broke down in full in another episode here: https://api.spreaker.com/v2/episodes/60883407/download.mp3.

    As an example, we discuss a recent tax policy change in Switzerland which raised the deduction you are eligible to claim for your childcare expenses. While this change reduces your Swiss tax bill, it can lead to an unexpected tax bill when filing your US tax return, as your FTC amount is reduced.

    Keeping updated on tax laws is important for everyone, especially expats! We provide some strategies for staying on top of tax law changes.
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    13 m
  • How to Itemize Your Deductions on Your US Tax Return

    How to Itemize Your Deductions on Your US Tax Return
    Aug 30 2024
    In this episode, we discuss itemized deductions and how you can use them to decrease your US tax bill.

    We discuss what itemizing your deductions means, what itemized deductions you are eligible to take, how to itemize your deductions, and considerations for expats.
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    10 m
Economía Finanzas Personales Éxito Personal
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