Xerxes Associates LLP makes filing US income taxes for US expats living abroad seamless and simple. We understand the dynamics of being a US citizen living abroad in countries like the UK and cities such as London. We take pride in helping you understand US expat tax laws and rules without overwhelming you with difficult tax terminology. We work with simple situations and very complex US expat tax returns.

We value our client’s confidence and we work hard to build trust and lasting relationships. Every US expat tax return is a unique and niche situation because the foreign country you reside in has a different currency, different types of retirement accounts, and different agreements with the USA.  If you also add the complexity of your personal tax situation, most inexperienced tax advisers simply do not deliver the service you will require and need.

The stakes are high with US expat tax returns because failing to file a foreign bank account report or another required international informational return can come with penalties of $10,000 or more.  The IRS can also deny the foreign earned income exclusion or foreign tax credits if they are used incorrectly.

Our US & UK clients enjoy working with Xerxes Associates LLP because we proactively engage with them on all key issues and help you ensure there are no misunderstandings of what the IRS requires.  A professionally completed, accurate tax return that is e-filed is really the best way to stay on the good side of the IRS!

Do you need help getting caught up with taxes? Xerxes Associates LLP work closely with US and UK expats from all different backgrounds, circumstances and occupations as well as high-net worth individuals in order to help them through the complexities of US and UK tax compliance requirements.

US Expats living in the United Kingdom can contact us if you live in any of the following areas;

• – London
• – Birmingham
• – Manchester
• – Leeds
• – Scotland
• – Wales
• – All towns, cities and remote locations in England and Wales

Contact us if you have any questions or would like to chat about your requirements in a friendly, no-obligation manner.

Are you A US Expat Living Abroad & Haven’t Filed Your Taxes?

You might be living overseas and concerned that you haven’t filed US taxes. If you are an US expat, you might consider getting into tax compliance before it is too late. Our ‘US Tax Return London and UK’ product is a bespoke service designed to tackle any and all possibilities on your behalf. Here are some important points for you to understand about US tax returns.

• – Filing US taxes is required even when working and earning an income overseas.
• – Even if you earn an income overseas, you must file your US taxes.
• – Not paying US taxes could cause problems when renewing your passport.
• – It is impossible to predict what the US Government will do in the near future, particularly with regard to immigration.

If you use the ‘Foreign Earned Income Exclusion’ and the ‘Foreign Tax Credit’ together, you may not owe as much US tax as you think you do.

Self-employed people and people who live in countries not covered by the ‘Totalization Agreement’ may owe taxes that fund their payments to Social Security.

It is difficult to determine how many tax returns are needed to be filed in terms of previous years, however, people who file tax returns for the previous six years seemingly satisfy the IRS system. However, some people try to file less than six and the response from the IRS is not always favourable.

Here is some motivation to reach out to us and start the process; the pandemic stimulus payments will be provided to you if you file 2020 2021 returns (if you qualify). Contact us here. Xerxes Associates LLP is a leading firm of tax advisers qualified in both the United States (IRS) and the United Kingdom (HMRC) tax procedures.

There is nothing more complicated, confusing, time-consuming, or even a bit frightening than filing a tax return. With our help, Americans and Brits can understand US and UK tax easily. No matter what form you’re trying to complete, what questions you’re asking or how much tax you’re trying to save, we can help you.

Xerxes Associates LLP work closely with US and UK expats from all different backgrounds, circumstances and occupations as well as high-net worth individuals in order to help them through the complexities of US and UK tax compliance requirements (tax imposed on expatriates). If you have a query or would like a friendly no obligation chat about your requirements then please get in touch and we shall be happy to assist you.