Go With the Hassle-Free Online Tax Filing Services

Author: Randy Park

For US expats, tax filing is often a very cumbersome and stress-filled procedure. With tax laws getting more and more convoluted, with different terms and conditions for different reasons, it is easy to get lost in the jungle of tax jargon. Trying to do your taxes yourself, while seated in another country, will only lead to greater stress. That is why online tax filing services are such a boon for expats. These expat tax services help millions of expats with their tax return services in a timely and accurate manner every year, helping not only individuals but also organizations and businesses that are based abroad.

Doing your taxes online is a truly hassle-free process that requires just a couple of steps. The first one would be register and signup at the website of the firm that offers these online tax filing services for expats. You will then have access to your personal dashboard from where you can upload all your tax-related documents. You can also ask questions to the qualified and registered CPAs on board. The CPA then prepares a tax return draft after a thorough analysis and understanding of your unique situation. This will include any tax deductions as well so that you get a draft that helps you save as much money as possible by paying the least amount of tax for expats under the law of the United States. This draft will be then sent to you for verification and only after approval and confirmation from your side will it be filed electronically. This entire process takes just under a week if you have all your documents in place. All that is required then is to pay the required fees for these services, which is always a cost effective rate when you consider the amount of stress, time, energy, and money you have saved were you to do it yourself!

Tax has to be filed by anyone who is an American citizen working abroad, irrespective of if you are employed by a private company or a government agency. You also have to file taxes even if you are an entrepreneur having a startup manned by just one person or you have a multinational setup with thousands of employees that is located abroad. If you are an overseas contractor, that is considered to be self employed. Whether you are on an assignment sent by a foreign company abroad or by an American company abroad, you still have to pay your taxes.

There are expense deductions and special deductions that vary with each and every case. Not knowing what these are can result in losing a significant amount of money each year in taxes when you are not even living in the country, which is even more painful for your wallet and your peace of mind!