Why You Need an American CPA Even if You Live in Israel

Goldstein on Gelt

Americans living abroad still need to pay U.S. taxes, so if you are an oleh, it might be a good idea to find an American CPA in Israel. Why would an American CPA in Israel be better than hiring an American CPA who sits in America? Yosefa Huber, an American CPA in Israel answers this very question. She helps American citizens living in Israel stay compliant with U.S. tax laws. Yosefa explains why American citizens, even those living abroad, aren’t exempt from filing a U.S. tax return. She also debunks some of the misguided excuses from U.S. expats who think the American tax code doesn’t apply to those living overseas. (Note that I’m a financial advisor, not a tax advisor. Speak with a professional accountant for tax advice.)

Get your pens ready for a checklist

Doug has created a simple checklist titled Checklist for Americans in Israel to Choose Financial Advisors. The checklist covers all the major questions an American living in Israel (or any other foreign country) should ask before choosing a financial advisor. For more information on choosing a financial advisor, watch Doug’s video How to Choose the Right Financial Advisor for You. Download free resource: Checklist for Americans in Israel to Choose Financial Advisors To learn more about Yosef Huber visit her website, or follow her on Twitter @yosefaCPA. If you’re not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug’s free ebook The Retirement Planning Book.