#abacuswealth

Expats who are currently working, retired, disabled, or deceased may benefit from international Social Security agreements. We worked both in the United States and abroad but are now retired, disabled, or deceased, bilateral agreements may provide coverage for the worker or the worker's family members.

You are able to avoid needless estate or inheritance taxes, as well as the costs and delays of probate, and strategically directing assets to your favorite charity, can help your family survive with your death or incapacity. Make a plan for your future today.

According to the IRS page, Social Security Tax Consequences of Working Abroad, dual coverage, and multiple contributions (taxes) for the same job are removed under a Totalization Agreement.

The most common financial mistake is investing in a foreign mutual fund. We can assist you with PFIC Compliance for Foreign Mutual Funds, as well as PFIC Compliant Investments. We guide you to invest in the right place to avoid the extra tax.

Our cross-border financial planning and taxes difficulties including, the complications amplified. AWI acts as your access to professional financial services. Our decades of expertise and our network of international experts in many financial, tax, and legal disciplines will help you.

Our goal is to provide financial assistance to you in need by removing limits on accessing funds through these qualified retirement plans. Such as All Required Minimum Distributions waived, Premature Distributions on Retirement Accounts were Penalty-free, and Recontributing retirement plan distribution taken from corona virus purposes.

Abacus Wealth provides tax saving advice to US Expats. We provide you with different strategies to save your tax. We reduce the amount of tax you pay to the applicable tax authority as a Tax Benefit. Our service will assist you in making the best financial decisions and saving money on taxes.

We provide you with a correct plan to reduce excessive tax and compliance charges, from ordinary income to investment income and estate or inheritance taxes. We resolve any tax-related concerns and provide you with the most appropriate financial approach.