Working Overseas : Money & Taxes
Foreign Earned Income Exclusion Online Eligibility Test for Expats Introduced By Tax Planner CPA
Until now, U.S.Taxpayers living abroad had to pay significant fees to Certified Public Accountants in order to determine their eligibility for the Foreign Earned Income Exclusion-the single largest tax advantage available to expats. Tax Planner CPA LP, a firm specializing in expatriate’s tax returns now provides a free instant online assessment.
Wednesday, July 21, 2010

Working Overseas : Money & Taxes
On the IRS radar : Americans living and working overseas
Expat Americans living and working abroad are now on the IRS Radar. These non-resident citizens are still subject to IRS reporting requirements, i.e., they must still file tax returns and the Report of Foreign Bank and Financial Accounts (the "FBAR"), and they are subject to payment of taxes on all income, including income earned abroad. Asher Rubinstein describes the various means available to the IRS for enforcing reporting requirements all over the world.
Sunday, May 30, 2010

Working Overseas : Money & Taxes
New focus on American Expats & Their Taxes from US Government
American expatriates have until June 15th to file their Federal US Tax return but if they owe the US government money, the government isn’t going to wait.
Wednesday, April 14, 2010

Working Overseas : Money & Taxes
Making A Will
Before you work in the Danger Zones, you should make out a solid legal will to protect your family should something happen. Difficult to think about, but critical.
Saturday, January 2, 2010

Working Overseas : Money & Taxes
IRS extends deadline for reporting offshore account information
If you're working overseas and maintain a foreign bank account, this may apply to you. On September 21, 2009, the IRS announced a one-time extension of the September 23, 2009 deadline for special voluntary disclosures by taxpayers with unreported income from hidden offshore accounts. Taxpayers now have until October 15, 2009. There will be no further extensions.
Tuesday, September 22, 2009

Working Overseas : Money & Taxes
Combat-zone job can have tax implications
IRS tax specialist Jesse Weller addresses a question on the tax implications for civilians who work in overseas combat zones.
Thursday, August 13, 2009

Working Overseas : Money & Taxes
Defense Base Act Workers' Compensation Insurance Coverage: A Guide for U.S. Contractors in Iraq
This document was prepared by the US Department of Commerce and has some useful information for understanding the basic of the DBA.
Sunday, October 26, 2008

Working Overseas : Money & Taxes
Tangiers International Expands Regional Medical Coverage to Baghdad, Iraq
Tangiers International Ltd., a global provider of Insurance Support Services, announces the opening of Medical Support Services and facilities in Baghdad, Iraq for contractors covered under the Defense Base Act.
Sunday, September 21, 2008

Working Overseas : Money & Taxes
President Bush closes defense contractor tax loophole
President Bush on Tuesday shut a loophole that defense contractors had been using to avoid paying millions of dollars in payroll taxes. Bush signed into law the Heroes Earnings Assistance and Relief Tax Act. Included in the legislation is a provision that would treat foreign subsidiaries of U.S. government contractors as American employers. That means they now have to pay the taxes that finance Social Security and Medicare programs.
Thursday, June 19, 2008

Working Overseas : Money & Taxes
Security-Cleared Defense Industry Workers Report 6% Increase In Average Salaries
ClearanceJobs.com, the leading Internet-based job board for professionals with active U.S. government security clearances, announced the results of its annual Security Clearance Jobs Salary Survey. According to the survey, cleared defense industry workers reported average nationwide salaries of $72,803, 6 percent higher than the 2007 published results of $68,139.
Monday, June 9, 2008

Working Overseas : Money & Taxes
Pentagon program gouging taxpayers, panel says
A poorly run Pentagon program for providing workman's compensation for civilian employees in Iraq and Afghanistan has allowed defense contractors and insurance companies to gouge American taxpayers, a House committee said yesterday.
Friday, May 16, 2008

Working Overseas : Money & Taxes
Insurance? What insurance?
U.S. employers are required to provide limited insurance to all employees in war zones under the Defense Base Act. And in reality getting benefits out of insurers is as hard, if not harder, than it is for former servicemen and women to get what they are entitled to from the Department of Veterans Affairs.
Saturday, May 3, 2008

Working Overseas : Money & Taxes
Zurich Now Offers Defense Base Act Workers’ Compensation for Federal Contractors Working Outside U.S.
Zurich, one of the world’s largest property-casualty insurance companies, today announced that it now offers Defense Base Act (DBA) workers’ compensation coverage for employees of federal contractors who are working outside the country on military bases, overseas public works projects or similar contracts funded by the U.S. federal government.
Monday, April 21, 2008

Working Overseas : Money & Taxes
No gravy train for PMC grunts
The popular belief that there is a huge disparity between what U.S. private security contractors and military personnel are paid has been exposed as a myth yet again.
Saturday, March 29, 2008

Working Overseas : Money & Taxes
The Myth of the Pay Gap Between Soldiers and Contractors
The pay gap concerns the belief that private contractors are being paid vastly more than regular military forces. This supposedly creates low morale and jealousy in the ranks of the regular armed forces and causes friction between them.
Sunday, February 17, 2008

Working Overseas : Money & Taxes
How To Call Home From Outside The U.S.
Excellent advice about the options available for calling the United States from overseas. The best way to phone home depends on several factors: your current phone and carrier, your destination, your budget, and the amount of effort you're willing to invest.
Thursday, January 24, 2008

Working Overseas : Money & Taxes
New Web Site Designed for Those Needing Medical, Life, Disability and Other Special Risk Insurance Needs Worldwide
“We cater to a large demographic of clients up to and including independent contractors that are helping in the Iraq & Afghanistan reconstruction,” states Derek Patterson, CEO & Founder.
Wednesday, January 2, 2008

Working Overseas : Money & Taxes
Dollar a downer for American expatriates
Americans visiting Europe for a short vacation may be feeling pinched by the weak dollar, but U.S. citizens relocating or retiring overseas are feeling something more akin to a shark bite.
Friday, December 14, 2007

Working Overseas : Money & Taxes
How to get your free credit report while overseas
If you’re an American serving outside the United States, don’t plan on going online to get your congressionally mandated free annual credit report.
Tuesday, November 13, 2007

Working Overseas : Money & Taxes
Blackwater provides information on employment status of contractors
Chairman Waxman has released a new thirteen page letter alleging that Blackwater cannot treat its personnel in Iraq and Afghanistan as "independent contractors," and contends that they must be treated as employees for IRS purposes. The Chairman's contention is incorrect.
Tuesday, October 23, 2007