by Gary | Oct 5, 2023 | Financial, Taxes
The folks over at Greenback Expat Tax Services have written a good guide on dealing with taxes for US expats. American citizens must file a US Federal Tax Return no matter where they live in the world. Bummer – I know. But it’s unavoidable. (well, unless...
by Gary | Jul 7, 2021 | Financial, Mexico, Taxes, travel
Last month we made a quick trip back to the United States. We flew Southwest Airlines to Houston and back. Part of the overall airline charge was the Mexican tourist tax, which was $57.22 for the two of us combined. (Before anyone asks, the base fare was $0 as we used...
by Gary | Mar 16, 2021 | Financial, Mexico, Taxes
It’s that time of year again – time to pay our US taxes. Yes, even though we live in Mexico full-time, we still need to file a US tax return. Along with my US taxes, I also file an FBAR. While I was preparing this year’s report, a question arose: If...
by Gary | Jan 9, 2020 | Financial, Mexico, Taxes
In the last post, I discussed the Foreign Earned Income Exclusion (FEIE), and how it can save you a boatload of money. In addition, us US expats can also take advantage of the Foreign Housing Exclusion. The Foreign Housing Exclusion allows you to deduct the excess of...
by Gary | Dec 27, 2019 | Financial, Mexico, Taxes
As we get down towards the end of the year, I have a checklist of things to review, and things to setup for in the upcoming year. Taxes is one of those things. I know, not sexy. But necessary. First up – I am not a tax pro! I’m just some dude on the...
