Pre-order: Practical Tax Series Form 2555

Release date: May 31, 2025.

Reduce your international tax burden with Form 2555!

If you are a U.S. citizen or resident and generate income abroad, this ebook is your ally to avoid double taxation. Learn how to correctly use the Form 2555 and the Foreign Earned Income Exclusion (FEIE)a key tool to exclude up to $120,000 USD of your foreign income from federal tax.

This practical guide, written by an expert in international taxation, will help you understand how the U.S. worldwide tax system works, when to use the FEIE or the Foreign Tax Credit (FTC)and how to avoid common mistakes that could cost you thousands of dollars in unnecessary taxes.

What will you find in this guide?

• ✅ How to use Form 2555 to exclude foreign earned income and minimize your tax burden.
• ✅ Key requirements to qualify: bona fide residence, physical presence and tax home.
• ✅ Differences between the FEIE and the FTC, and in which cases it is appropriate to apply one or the other.
• ✅ Practical examples, common mistakes to avoid and recommendations for timely filing.

Who is this ebook for?

• Expatriates and remote workers: Who live and work outside the U.S.
• Tax advisors and accountants: Who handle international tax cases.
• Global entrepreneurs and freelancers: Who need to optimize their tax strategy.

Don’t let international taxes take you by surprise. With this guide, you’ll learn how to comply with the IRS and protect your global income in a smart and legal way.