Can living abroad come with unexpected tax consequences? Absolutely—and we’re bringing back one of our most informative conversations to prove it.
In this replay episode of Snowbirds Expat Radio, host Gerry Scott sits down with Mike Wallace from Greenback Tax to unpack the complexities of U.S. expat taxes. Whether you're a seasoned snowbird, a new digital nomad, or simply living abroad part-time, this episode is a must-listen.
Mike dives deep into tax treaties, IRS compliance, and the growing number of Americans exploring renunciation due to complicated filing obligations. From real-world scenarios to expert guidance, this conversation will help you avoid costly mistakes and gain peace of mind.
💡 Key Takeaways (Still As Relevant As Ever):
Greenback Tax Expertise: Greenback Tax helps U.S. citizens worldwide stay IRS-compliant and reduce tax stress abroad.
Yes, You Still Have to File: Even if you live overseas, U.S. citizens must file taxes with the IRS—many don’t realize it until it’s too late.
Tax Treaties Can Help (If You Know How to Use Them): They can reduce double taxation, but only if applied correctly.
Considering Renunciation? Hear why more expats are exploring this option—and the financial consequences it can bring.
Remote Work = More Freedom + More Risk: The digital nomad lifestyle is booming, but so are cross-border tax complexities.
IRS Is Watching: The IRS has increased efforts to track expats—staying compliant is more important than ever.
Canadian Expats, Take Note: Canadians living in the U.S. also face cross-border tax hurdles that shouldn’t be ignored.
Greenback’s Role: From tax planning to form filing, Greenback helps clients around the world confidently navigate expat life.
Whether you missed this episode the first time or need a refresher before your next tax season abroad, this replay delivers the clarity and expertise every expat needs.
Resources:
Michael Wallace on LinkedIn
Greenback Tax Services Website