Moving to the United States changes more than where you live. It can also change how your bank accounts, investments, retirement plans, businesses, and other financial assets are taxed and reported. The United States generally taxes its citizens and tax residents on their worldwide income. Once you become subject to the U.S. tax system, income earned outside the United States may have to be reported even if: • The income remains in a foreign account. • The money i

Moving to the United States is an exciting milestone. Most people spend months preparing for visas, housing, schools, and employment. Yet one important area is often overlooked until after the move: tax planning. For many individuals and families, the most significant tax decisions should be made before they become U.S. tax residents, not after. Whether you own a business, have investments abroad, or simply maintain financial ties to your home country, understanding how the U

If you're planning to move abroad and own a U.S. LLC, one of the first questions you'll probably ask is: "Should I keep my LLC?" The answer isn't always straightforward. For some business owners, keeping the LLC is the right decision. For others, it can lead to unnecessary tax complexity, additional compliance requirements, or higher taxes in their new country of residence. The important point is this: Your LLC should support your move, not complicate it. Many entrepreneurs b

Czechia (the Czech Republic) has been attracting Americans seeking a high quality of life, vibrant cities such as Prague and Brno, and favorable conditions for remote work and entrepreneurship. But, relocating abroad requires careful attention to U.S. tax obligations, as U.S. citizens and green card holders remain subject to taxation on worldwide income. This guide outlines the primary tax considerations for Americans moving to Czechia, incorporating the most recent 2026 deve

Should you claim the Foreign Tax Credit or the Foreign Earned Income Exclusion? Learn the key differences and which strategy may save Americans abroad more in taxes.

Thinking about moving to Portugal? Learn how Portuguese tax residency, U.S. tax rules, LLCs, foreign accounts, and tax planning may affect Americans abroad.

Thinking about moving to Hungary? Learn how Hungary taxes U.S. citizens, entrepreneurs, LLC owners, digital nomads, and remote workers before relocating.

Italy continues to attract Americans looking for a better quality of life, beautiful scenery, excellent food, and access to the European Union. What many people do not realize is that Italy also offers several tax incentives designed to attract foreign residents. However, before packing your bags, it is important to understand how moving to Italy may affect your U.S. tax obligations, state tax residency, and business structure. Having advised my clients through relocations to

One of the more common questions I receive from business owners planning a move overseas is whether they can continue operating their existing LLC after leaving the United States. In most cases, the answer is yes. Moving abroad does not automatically require you to dissolve your LLC or close your business. Many Americans continue operating U.S. businesses while living in Europe, Latin America, Asia, and elsewhere around the world. The bigger issue is usually not whether you c

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In today's increasingly global world, we've seen a significant rise in the numbers of expats and digital nomads. However, along with this...

Operating a small business can often be a whirlwind of costs and expenses. Particularly, business travel – be it for attending conferences, meeting clients, or exploring new market opportunities – can pose a significant financial burden. But did you know there's a way for digital nomads like you to transform these unavoidable expenses into noticeable tax savings? This post aims to guide you on how to turn business travel costs into substantial tax deductions, a boon that many