Are you a U.S. expat or an American living abroad? Stay informed on the latest 2024 tax changes with expert insights from Emily Haines, CPA, founder of Xpatax Solutions. In this episode, we break down key tax updates, including adjustments to the standard deduction and the foreign earned income exclusion (FEIE) due to inflation, and discuss how these changes could impact your tax filing this year. While most updates are minor, we also take a look ahead at potential major tax changes coming in 2025 that could affect Americans worldwide.

Other important topics covered include how to set up your IRS ID.me account to access tax records online, upcoming tax deadlines you should have on your radar, and updates on Beneficial Ownership Information (BOI) reporting and its evolving deadlines. Whether you’re living abroad, working remotely, or planning a move overseas, understanding your U.S. tax obligations is essential to avoid penalties and optimize your finances.

This episode is hosted by Arielle Tucker, CFP® & EA, an expert in expat financial planning and tax strategies. Our guest, Emily Haines, CPA, is a U.S. tax specialist dedicated to helping expats navigate cross-border tax compliance with ease.

For more info on our tax and financial services check out our websites:
Arielle Tucker, CFP® & EA- https://www.connectedfinancialplanning.com
Emily Haines, CPA- https://xpataxsolutions.com

If you have any tax-related questions, drop them in the comments below! Don’t forget to subscribe for more updates on expat taxes, financial planning, and strategies to stay compliant while living abroad.

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