Tag Archives: Form 2555

Automatic two-month extension for individuals living outside of U.S. to file tax return and pay taxes; however, beware!

OK. You have been living outside of the United States for nearly a year, and are going to claim the exclusion of foreign earned income. You have read on the internet or heard from co-workers or that tax preparer from Cleveland that you do not have to file an extension by April 18th because of your foreign residency. Not always true!

Continue reading

Posted in Accountants CPA Hartford, Articles | Tagged , , , , , | Leave a comment

Maximize Your Exclusion of Foreign Earned Income Using the Physical Presence Test

Maximize Your Exclusion of Foreign Earned Income Using the Physical Presence Test Are you eligible to exclude most, if not all, of your foreign earned income?   Please see chart below: Many individuals fail to employ the physical presence test in … Continue reading

Posted in Accountants CPA Hartford, Articles | Tagged , , , , | 4 Comments