Podcasts · Jet Setting Wealth Advisory
Episode 55: How Expats Avoid Costly Tax Mistakes
· 33 min · S1 E55
Episode Episode 55: How Expats Avoid Costly Tax Mistakes
Living, working, or investing abroad and unsure what the IRS still expects from you?
On this week's Jet Setting Wealth Advisory, David T. Yu speaks with Vincenzo Villamena, CPA, Founder and CEO of Online Taxman, for the first of a two-part conversation on U.S. tax planning for Americans abroad. Drawing on his experience as an expat and international tax advisor, Vincenzo explains why U.S. citizens and green card holders still have filing obligations regardless of where they live, along with the opportunities available to qualified taxpayers. From foreign earned income exclusions and state tax residency to foreign asset reporting and international business structures, this episode helps Americans abroad plan before they move, invest, or expand internationally.
Key Takeaways:
→ U.S. citizens and green card holders still have U.S. tax filing obligations while abroad → Qualified Americans living overseas may benefit from the foreign earned income exclusion → Leaving a high-tax state requires careful residency and domicile planning → Foreign bank accounts, entities, and financial assets may trigger additional reporting requirements → Retirees, digital nomads, and entrepreneurs should coordinate U.S. and local tax rules before making a move
More from Vincenzo Villamena and Online Taxman:
Website: onlinetaxman.com LinkedIn: linkedin.com/in/vincenzo-villamena Facebook: facebook.com/OnlineTaxman Instagram: instagram.com/onlinetaxman
Engage with David T. Yu:
Connect on LinkedIn, Instagram, & Facebook
Sign up for our newsletter or book a call
Visit: DTY Wealth Planning Solutions
Learn more about your ad choices. Visit megaphone.fm/adchoices
Links in the notes 10
- https://onlinetaxman.com/
- https://www.linkedin.com/in/vincenzo-villamena/
- https://www.facebook.com/OnlineTaxman
- https://www.instagram.com/onlinetaxman
- https://www.linkedin.com/in/davidtyu/
- https://www.instagram.com/dtywealthplanningsolutions/
- https://www.facebook.com/DTYWealthPlanningSolutions/
- https://www.dtywealthplanningsolutions.com/contact-us
- https://www.dtywealthplanningsolutions.com/
- https://megaphone.fm/adchoices
Shows are listed from Apple Podcasts' charts and directory, and Podcast Index where it is used. Every show and episode belongs to its publisher and plays from the publisher's own feed; this site hosts none of them. Explicit shows are for adult profiles only, and children’s profiles hear only children’s shows. More about this list.