Save Your Time: Why Filing Through a Professional Has a Higher Return

You will minimize your stress burden by hiring a tax professional if you want to file your returns from abroad. There are many rules for expat tax and many forms to fill out — and these can be problematic for you, especially if you are a US citizen living abroad.

Although expat tax professionals charge for their services, you enjoy more benefits than if you did it by yourself in the long run. So whether you are a UK or Australian expat, if you are still in doubt, here are a few ways the Income Taxes Corp professionals help you get more returns when filing expat taxes.

One of the ways professional tax services generate a higher return for clients is that their services are risk-free. Your consultancy with the experts covers the risks. Our advisors are obliged to prepare your expat tax return statements, and they are highly proficient in the tax field. Thus, they ensure minimal to no risk of errors getting into your accounts.

Every year, the US tax code changes, especially in moments of profound political change. For example, between 2008 and 2009, several changes occurred and directly affected expats. For example, there were changes in the Alternative Minimum Tax, Charges for the Child-Department, Education Related Charges, and more.

More changes are imminent in such periods and during Congress debates, so if you are not a tax professional and live abroad, you might fail to keep up with these changes annually.

The US commercial tax program, for instance, is not made with the expatriate in mind. They are primarily for taxpayers residing in the US and not abroad citizens. Thus, citizens living abroad will likely miss the various deductions and possible exclusions only available for expats.

By filing the returns yourself, you can save some cash upfront — but you risk losing more in the long run in terms of overpaid taxes.

Statistics show that the IRS audits approximately 1% of all taxpayers every year. As an individual expat or an abroad business person, your accounts can be included in this audit. If the audit finds misleading information, you could face severe legal consequences.

Professional tax services cover all these uncertain situations when preparing the tax returns while inspecting all the areas requiring careful attention. Then, after winding up all the possibilities, they come with responses needed during the audit, ensuring you are properly represented to the authorities.

At Income Taxes Corp, we pride ourselves in offering top-notch expat tax services. In addition, our CPAs have extensive tax experience, so you can be confident that your accounts are in safe hands.

If you are a UK or Australian expat, request a consultation with an expert today. We will professionally complete your statements and advise you accordingly, ensuring the process is as accurate and straightforward as possible.