Sarah

Tax and insurance are both essentials when you are employed, self-employed, or have a family. If you are self-employed there are a number of tax benefits you should be aware of relating to insurance. By making […]

For many people, the goal of working for years is to be able to retire comfortably in the destination of their choice. That may often mean retiring in a foreign country. These expat retirees want to enjoy all that […]

Tax season is here, and as the time draws nearer to file taxes, it is important to be ready with all necessary documentation and a basic understanding how taxes affect you as an individual. While software and […]

The Key to Saving on Taxes Tomorrow is…Today

It’s never too early – or too late – in the year to find financial advantages that will save money for you and your family. And while you might start thinkin […]

Do you have any offshore assets? Meaning, do you have a bank account overseas, investments, or another financial interest in a foreign country? Expats and others need to know about filing the Report of Foreign […]

One of the biggest mistakes American expats living abroad make is to forget about tax. The common assumption is that since you are living in another country, you file your taxes there. But Americans continue to […]

You’ve sorted out where you are going to live and you know how you are going to make a living in the US. The flights are booked and you’re ready to go – but wait; don’t forget about the crucial financial plannin […]

If you are an expat, a US citizen currently living in another country, or you hold business and financial interests abroad you’ve probably heard of FATCA. The Foreign Account Tax Compliance Act has been going s […]

When you file your first FBAR, are you announcing you have committed a crime? According to attorney Robert W. Wood, an FBAR filing is certainly not an admission of any criminal activity, but many people worry they […]

Did you know that the IRS keeps a list of ‘bad’ foreign banks? If your bank makes an appearance on this, the effects can be rather problematic. In fact, holding a foreign account at one of these places can trigger […]

The new FATCA law (Foreign Account Tax Compliance Act) directly impacts US citizens abroad, and US citizens with money held in foreign bank accounts. FATCA was passed into law in 2010 and is a
wide-reaching, […]

Are you currently (or were you in the past) a client of Sovereign Management & Legal Ltd? If so, then you really need to seriously consider getting yourself into full tax compliance as fast as possible. Why? […]

According to recent studies, over 25 million foreign immigrants have gained U.S. citizenship since the year 1907. However, since 2009, there has been a steady increase in the number of immigrants choosing to give […]