By using our website you have entered into a binding agreement to accept our terms of use. Please read these terms carefully. They affect your legal rights and limit our liability. If you do not agree to be bound by every one of these terms, please exit our site immediately.
We may modify these Terms at any time without notice to you. The latest Terms will be posted on our Website. By using the website after we have posted modifications, you agree to be bound by the modifications. If you do not accept the Terms as modified, do not continue to use the Website.
We grant you a limited, non-exclusive, non-transferable, revocable license, without any right to sublicense, to use our Website strictly in accordance with the Terms. You may use the Website solely for personal, non-commercial purposes, and not for republication, distribution, assignment, sublicense, sale, preparation of derivative works, or any other use. Commercial use of any content on the Website is absolutely forbidden. You may not print out or use an electronic version of any part of our Website. You agree not to copy materials, content or any other information on the Website, reverse engineer or break into (hack) the Website, or use materials, products or services in violation of any state or federal law.
You agree to comply with all applicable domestic and international laws, statutes, ordinances and regulations regarding your use of our Website. In addition, you agree not to manipulate or otherwise display the Website by using framing or similar navigational technology. You agree not to access the Website by any means other than through the standard industry-accepted interfaces. You will not use the Website for any purpose that is unlawful or prohibited by these Terms. You may not use the Website in any manner which could damage, disable, interrupt, over burden, or impair the Website or WLIM’s network or servers, or interfere with any other party’s use and enjoyment of the Website. You may not attempt to gain unauthorized access to the Website, other accounts, computer systems or networks connected to the Website, through hacking, password mining or any other means. You may not obtain or attempt to obtain any materials or information through any means not intentionally made available through the Website. In addition, you shall not register, subscribe, attempt to register, attempt to subscribe, unsubscribe, or attempt to unsubscribe, any party for the Website if you are not expressly authorized by such party to do so.
You and we are independent contractors. This Agreement in no way creates any agency, partnership, joint venture, employee-employer or franchisor-franchisee relationship between us.
All content on the Website, including but not limited to designs, data and databases, text, graphics, images, photographs, illustrations, audio and video material, artwork, proprietary information, client-side code (e.g. HTML, JavaScript, etc.), server-side code (e.g. active server pages, VBScript, databases, etc.), information and statistics concerning the use of the Website, and all copyrightable elements of the Website, and their selection and arrangement (collectively, “Content”) are the property of WLIM. Our Content is protected by U.S. copyright law, international treaties and other intellectual property rights. Except as otherwise stated herein, Content may not be copied, transmitted, displayed, performed, distributed (for compensation or otherwise), licensed, altered, framed, stored for subsequent use or otherwise used in whole or in part in any manner without our prior written consent, except to the extent permitted by the Copyright Act of 1976 (17 U.S.C. §107), as amended, and then, only with notices of our proprietary rights. You may, however, download the information in the Website and print out hard copies for your own personal, noncommercial use, so long as you do not remove any copyright or other notice as may be contained in the information as downloaded.
This Website is intended for adults aged 18 years or older. Any registration by, use of or access to our Website by anyone under age 18, is unauthorized, unlicensed and in violation of these Terms of Use. By using our Website you represent and warrant that you are 18 or older and that you agree to and to abide by all of the terms and conditions of this Agreement.
[WLIM has sole right and discretion to determine whether to accept a Client, and may reject a Client with or without explanation.
If you become a Client, you will receive a password that will allow you to access to a secure section of our Website. You agree to maintain the confidentiality of your password and are fully responsible for all liability and damages resulting from your failure to maintain that confidentiality and all activities that occur through the use of your password.
You agree to immediately notify us of any unauthorized use of your password or any other breach of security. You agree that our Website cannot and will not be liable for any loss or damage arising from your failure to comply with password security as discussed herein.]
Your use of the Website creates no professional relationship of any kind between you and WLIM. Nothing contained in our Website shall constitute financial, investment, legal and/or other professional advice to or for you. You hereby agree that you shall not make any financial, investment, legal and/or other decision based in whole or in part on anything contained in our Website.
We reserve the right, and you authorize us, to use and assign of all of your information regarding your use of our Website in any manner consistent with our Privacy Policy.
All remarks, suggestions, ideas, graphics, or other information communicated by you to us (collectively, “Submission”) is considered assigned to us and is as such considered our property. We will not be required to treat any Submission as confidential, and will not be liable for any ideas (including without limitation, product, service or advertising ideas) and will not incur any liability as a result of any similarities that may appear in our future products, services or operations.
Without limitation, we will have exclusive ownership of all present and future existing rights to the Submission of every kind and nature everywhere. We will be entitled to use the Submission for any commercial or other purpose whatsoever, without compensation to you or any other person sending the Submission. You acknowledge that you are responsible for whatever material you submit, and you, not us, have full responsibility for the message, including its legality, reliability, appropriateness, originality, and copyright.
We may assign these Terms and our rights hereunder, in whole or in part, to a third party, in our sole discretion, in connection with a merger, acquisition, reorganization or sale of substantially all of our assets, or otherwise. You may not assign, sublicense, or delegate any of your rights hereunder.
Our Privacy Policy is considered part of this Agreement. You should review this Privacy Policy by clicking on this link.
We are a week away from April 18, 2022, the US tax payment deadline. If you are a US taxpayer outside of the United States on April 18, 2022, you will receive an automatic tax-filing deadline through June 15, 2022. Important! This is an extension file, NOT an extension of time to pay.
March 2022
It is already the end of March, which means you have likely received all your tax documents and maybe even started the preparation of your 2021 US tax return. If you are worried about an unexpected tax bill, there are a few last-minute strategies you may be able to take advantage of.
March 2022
Each year the IRS provides updated information related to the new tax year. Use this guide as a quick reference to the most common dates and tax provisions for American Expats.
February 2022
“This article is part three of a three-part series. Each article will dive into one part of the Swiss pension system”
January 2022
“This article is part two of a three-part series. Each article will dive into one part of the Swiss pension system”
January 2022
“This article is part one of a three-part series. Each article will dive into one part of the Swiss pension system”
January 2022
“A Roth conversion is one of the most classic and effective tax planning tools available to U.S. taxpayers. If your taxes rise a Roth IRA conversion or contributions can save you a considerable amount of money in taxes over the long term. However, there can be major drawbacks to this strategy for U.S. citizens who are currently living abroad or planning to retire abroad.”
February 2021
“US citizens who live and work abroad are subject to an annual US tax filing requirement on their worldwide income. This may mean a tax liability in your resident country as well as in the US. Many Americans are surprised to learn they have this additional US tax liability. Making an estimated tax payment will help you avoid additional underpayment penalties. The IRS expects to receive its tax throughout the year, through estimated tax payments. If you do not pay enough tax through the year, you may be charged an additional underpayment penalty, even if you are due a refund when you file your tax return.”
January 2021
“For many Americans, Social Security income plays an integral role in retirement planning, and while retirement planning is generally straightforward for Americans with income solely from US employment that pays into Social Security, the situation becomes more complex when income from multiple countries is involved.”
Kitces | December 2020
“Most people find unnecessary acronyms annoying. But that’s TBE. Let’s talk about some acronyms that are important for your 2020 tax and financial planning and why you need to think ahead.”
December 2020
“While Switzerland is embracing virtual currencies, the Internal Revenue Service (IRS) is taking notice. Back in 2014 the IRS ruled that Bitcoin and other “convertible virtual currencies” are treated as property, not currency. This means every time a virtual currency is bought or sold, it triggers tax consequences, much like buying or selling a stock.”
December 2020
“Pumpkin pie on the brain? Thanksgiving is a reminder that even in a year like 2020, we have many things to be thankful for. With Giving Tuesday just around the corner it’s a great time to think strategically about your charitable giving.”
November 2020
“Many advisors and tax planners are touting 2020 as ‘The Year of the Roth Conversion’. In most cases, this is excellent advice. Federal tax brackets are at historically low levels; the Federal tax rate was as high as 94% in 1944. However, this advice may not be in your best interest, for example, if you are a US citizen living abroad or are in a higher federal tax bracket.”
November 2020
“Yes, we are in a global pandemic, but that has not stopped Americans from researching how they can move abroad. If you find yourself googling, we have saved you a step by compiling a quick guide to help you prepare.”
November 2020
“Not only can you be penalized for failing to report a foreign bank account with a small balance that earns little or no interest, you can also be fined for failing to report that tiny flat in London you occasionally rent out. Jonathan Lachowitz of White Lighthouse Investment Management explains the Bureau of Economic Analysis’s Form BE-10 and foreign asset reporting requirements.”
Bloomberg Tax | February 2020
“While Charles Schwab and Co. made headlines with their announcement in September of commission-free trading, several brokerage firms, including Charles Schwab made a lesser known change at about the same time to the detriment of overseas Americans. It has now become difficult or impossible for some overseas Americans—especially those with lower incomes and savings amounts—to buy U.S.-listed exchange traded funds (ETFs).”
Bloomberg Tax | November 2019
“Defining Wealth and Income is getting harder by the day, and the mountains of productive time being spent (wasted) on tax compliance is becoming a national crisis.”
Bloomberg Tax | October 2019
“…the burden of citizenship-based taxation, or CBT, a regime shared by the United States with the small African country of Eritrea (and soon South Africa), has increased in complexity and severity.”
Law 360 | April 2019
“This latest data breach confirms what perhaps we should all have assumed before; our personal data is not safe and we should start acting as though much of our private information is available for a very low cost on the internet.“
September 2017
“Planning to move overseas for a job, retirement, or just a change of scenery? Here is our second installment of ideas to help you be prepared.”
WSJ | September 2016
