The US tax mistake digital nomads are making
http://www.nomadcapitalist.com
There are more nomadic and location independent entrepreneurs and freelancers than ever, but US citizens working and traveling overseas need to be aware of US tax laws.
Sadly, too many US citizen expats are making a big mistake when it comes to claiming the Foreign Earned Income Exclusion, the tax code that allows Americans abroad to claim approximately $102,000 per year in business income tax-free.
Andrew explains how to avoid two potential problems with proper tax planning before you go overseas... or now if you're already location independent.
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ABOUT NOMAD CAPITALIST
Andrew Henderson travels to nearly 30 countries every year to stay up to date on the latest legal strategies for entrepreneurs and investors to pay less tax, grow their money faster, and build their personal freedom.
Andrew started Nomad Capitalist to help people like you follow his five magic words: "go where you're treated best". He has personally started foreign companies, opened offshore bank accounts, and obtained multiple second passports.
He also learned the hard way that perpetual information seeking is often the biggest barrier to getting the results you want. Many entrepreneurs spend months and even years constantly researching how to pay less in tax or live overseas, but are afraid to make the jump.
As a result, they get stuck and keep paying a fortune in taxes and never get the lifestyle they deserve.
Nomad Capitalist's Youtube channel is based on Andrew's vision that focusing on the end result, rather than the latest shiny object, is the best way to actually obtain the benefits of the Nomad Capitalist lifestyle.
About Andrew: nomadcapitalist.com/about/
Our website: nomadcapitalist.com
Our blog: nomadcapitalist.com/blog/
Work with Andrew: holanomad.com/
Видео The US tax mistake digital nomads are making канала Nomad Capitalist
There are more nomadic and location independent entrepreneurs and freelancers than ever, but US citizens working and traveling overseas need to be aware of US tax laws.
Sadly, too many US citizen expats are making a big mistake when it comes to claiming the Foreign Earned Income Exclusion, the tax code that allows Americans abroad to claim approximately $102,000 per year in business income tax-free.
Andrew explains how to avoid two potential problems with proper tax planning before you go overseas... or now if you're already location independent.
-----
ABOUT NOMAD CAPITALIST
Andrew Henderson travels to nearly 30 countries every year to stay up to date on the latest legal strategies for entrepreneurs and investors to pay less tax, grow their money faster, and build their personal freedom.
Andrew started Nomad Capitalist to help people like you follow his five magic words: "go where you're treated best". He has personally started foreign companies, opened offshore bank accounts, and obtained multiple second passports.
He also learned the hard way that perpetual information seeking is often the biggest barrier to getting the results you want. Many entrepreneurs spend months and even years constantly researching how to pay less in tax or live overseas, but are afraid to make the jump.
As a result, they get stuck and keep paying a fortune in taxes and never get the lifestyle they deserve.
Nomad Capitalist's Youtube channel is based on Andrew's vision that focusing on the end result, rather than the latest shiny object, is the best way to actually obtain the benefits of the Nomad Capitalist lifestyle.
About Andrew: nomadcapitalist.com/about/
Our website: nomadcapitalist.com
Our blog: nomadcapitalist.com/blog/
Work with Andrew: holanomad.com/
Видео The US tax mistake digital nomads are making канала Nomad Capitalist
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