In this episode of Passport To Wealth™, Arielle Tucker, CFP®, EA is joined by Melissa Groves, CPA of Blue Haven Tax to break down what the One Big Beautiful Bill Act actually means for Americans living abroad.

Together, they unpack the reality behind the headlines and address a common misconception among US expats that this legislation would eliminate the requirement to file US tax returns while living overseas. Spoiler alert: it does not.

The conversation dives into what has changed, what has not, and how updated income thresholds and filing rules may impact US citizens abroad. Arielle and Melissa also discuss why thoughtful planning and professional guidance remain essential when navigating US tax obligations as an expat.

This episode offers clarity, context, and practical insight for Americans abroad who want to stay compliant while making informed financial decisions. It is a must listen for anyone looking to better understand how US tax policy continues to affect life beyond US borders.

Key Takeaways:

1. Melissa Groves has over 17 years of experience in cross-border finance.
2. The One Big Beautiful Bill aims to simplify tax codes but has minimal impact on expats.
3. US citizens must file taxes regardless of where they earn their income.
4. Filing thresholds have increased slightly for the 2025 tax year.
5. Married filing jointly can be beneficial for US expats with non-US spouses.
6. Self-employed individuals have low filing thresholds that can lead to compliance issues.
7. Understanding filing statuses is crucial for tax planning.
8. Expats should be aware of their tax obligations in both the US and their resident country.
9. Researching tax implications is essential before moving abroad.
10. Access to professional advice can significantly ease the transition for expats.

Mentioned in this episode:

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