Thomas Promise Posted October 31, 2013 Report Share Posted October 31, 2013 If you think filing your taxes is a pain, try talking to one of the 6 million Americans living abroad.Unlike citizens of most other countries, Americans are legally obligated to file U.S. taxes each year, even if they are living and earning income overseas. Problem is most expats are also required to pay taxes in their country of residence. This means two huge piles of paperwork, two sets of deadlines and one giant struggle to keep pace with a complex mess of ever-changing regulations. "As soon as I moved overseas, that's when things got very complicated," said James Rosenberg, an IT professional who owns a business in South Korea. While living in the U.S., the Iowa native was able to prepare his returns using TurboTax. That's no longer the case -- Rosenberg's taxes are now so complicated he has been forced to hire an accountant. MORE... http://money.cnn.com/2013/10/30/news/us-expat-tax/index.html?iid=Lead Link to comment Share on other sites More sharing options...
Randy W Posted October 31, 2013 Report Share Posted October 31, 2013 Complaining about taxes is about as American as it gets. It doesn't matter if you live in the U.S., or abroad. Either way, you may be "forced to hire an accountant." Speaking for myself, I'd be going over the return line-by-line, and dollar-by-dollar anyway (and that's only because the online forms don't allow you to enter cents). There's no benefit to me in hiring an accountant. Link to comment Share on other sites More sharing options...
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