Articles
Read our latest Articles and stay up to date about your financial literacy
The nightmare of U.S. taxation of foreign investments
Beacon Financial Education aims to help people with their financial well-being and provides individuals with the information they need for financial control, stability and simplicity. For several years now, Beacon Financial Education has been very active in informing and educating Americans and U.S. connected individuals in the Netherlands about the headache FATCA (the United States’ […]
US to start revoking passports of American expats with tax debts
The IRS is warning US expats with large tax debts that their passports are subject to be revoked as soon as this month, jeopardizing their ability to work and live overseas. The agency in July began sending letters to some indebted taxpayers saying it will ask the US State Department to revoke their passports. Under […]
The 3 things US expats should know when it comes to 401ks
Beacon Financial Education aims to help expats organise their personal finances and educate them on retirement plans, personal lifestyle planning and wealth management. Making the switch to live and work abroad is an exciting time in your life. To make your experience abroad smooth and successful – from a financial and personal standpoint – it’s […]
FATCA, PFICs, QEF Elections, and so much more in simple language!
Does FATCA affect you? If you’re an American, then you’ve probably heard of FATCA. FATCA stands for the Foreign Account Tax Compliance Act and became law in 2010. Many expats incorrectly believe that FATCA is the law that requires them to report and pay U.S. taxes on their income. This is not the case; expats […]
What to do with your 401k when moving abroad? Here are some options
Moving abroad brings with it a long and complicated list of challenges. But financial ones are the most important to get right. What, for example, can an American expat do with their 401(k) retirement plan? Thankfully, there are some options. The 401(k) is a staple of the average American’s retirement plan. Money set aside under […]
Raising Happy Financially Literate Children
Research shows that financial literacy is linked to financial wellness. And who doesn’t want for their children to be happy, financially aware and prepared for their future? Beacon Financial Education provided us with some tips to help you financially educate your children. The third annual Personal Finance Index (P-Fin Index) released by the TIAA Institute […]
Financial Education: 8 Tips to Teach Your Kids How to Manage Money
Beacon Financial Education was created with the purpose of providing individuals with the information they need for financial control, stability and simplicity. Educating yourself and making sure you know what’s going on in the “world of finance” is a good way of showing your children how to acquire and maintain financial health. BFE provides you […]
How to financially prepare for your children’s future
Baby on the way? Congrats! This is an exciting and also somewhat overwhelming time. Being pregnant in a foreign country, with different customs when it comes to child birth and raising children, information and assistance in another language. Yes indeed, becoming parents takes a lot of preparing, both emotionally, practically as well as financially. Beacon […]
Concierge Tax Service
Jimmy Sexton, LL.M., Founder and CEO of Esquire Group, has been a leader in the international tax community for nearly two decades. After noticing the sub-par quality of US international tax preparation services, he created a Concierge Tax Service catering to discerning clients. With our Concierge Tax Service, Esquire Group’s licensed international tax consultants will […]
