Episodios

  • How Arielle Landed in Europe

    How Arielle Landed in Europe
    Sep 26 2024
    In this episode, Arielle shares her story of how she ended up living in Europe.

    She discusses taking a semester off college to backpack across Europe, her itch to escape her comfortable life stateside, and how she ended up living in Switzerland. She dives into the visa she received allowing her to work, how she landed her first job, finding a permanent apartment, and her advice for others looking to take the leap and move abroad.

    If you are thinking of moving abroad, it is possible! Take the leap.
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    15 m
  • 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!

    Resources:
    Federal Voting Assistance Program
    votefromabroad.org
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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
  • How to Use the Standard Deduction on Your US Tax Return

    How to Use the Standard Deduction on Your US Tax Return
    Aug 23 2024
    In this episode, we discuss the standard deduction and how it it used to reduce your taxable income.

    We discuss how this deduction works, how it changes on an annual basis, who is eligible to use the deduction, why you should use the deduction, and a brief intro to itemized deductions.

    Tune in next week to hear how you can itemize your deductions.
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    8 m
  • How Savannah Landed in Europe

    How Savannah Landed in Europe
    Aug 16 2024
    In this epsiode, Savannah shares her story of how she ended up living in Europe.

    She dives into how she formulated a plan to move abroad, the job application process, visa considerations, and how her and Arielle met.

    As mentioned in the episode, you can find if your higher education is accepted in Germany here: https://anabin.kmk.org/anabin.html.
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    10 m
  • Tax and Financial Considerations When Planning a Move Abroad

    Tax and Financial Considerations When Planning a Move Abroad
    Aug 9 2024
    Are you considering leaving the US and moving abroad?

    In this episode, we discuss our initial tips and factors you should consider when planning a move abroad. We cover account consolidation, potentially changing brokerages, foreign bank account considerations, foreign pensions, and basic tax considerations.

    While not all-encompassing, this episode should start helping you understand the factors you need to consider to plan a successful move.
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    10 m
  • How to Use the Foreign Tax Credit to Reduce Your US Tax Bill

    How to Use the Foreign Tax Credit to Reduce Your US Tax Bill
    Aug 1 2024
    As a US expat, there are two main tax benefits available to reduce your US tax balance and avoid double taxation. In this episode, we discuss one of those benefits, the Foreign Tax Credit (FTC).

    We will discuss how the foreign tax credit works, the various "buckets" in which different income sources fall, what kind of foreign taxes are eligible to be used, and how it works in combination with the Foreign Earned Income Exclusion (FEIE).
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    7 m