Overseas Tax

First of all, let's get to the heart of the question: do you have to pay taxes if you live overseas? The answer is that you must always file a tax return, but chances are you won't owe any taxes. Find out if you file for the Foreign Earned Income Exclusion, you can exclude up to $95k from your US income taxes! The best way to take care of your taxes from overseas is working with a tax consultant in the US. He or she will request the necessary documents from you and help you keep everything in order, as well as help you to pay as few taxes as possible.
In general, most countries have higher tax requirements than the USA so unless you have an exceptionally high paying job in a country with low taxes, chances are you won't owe anything. In 2012 the IRS put into action new filing compliances for non-resident U.S. Taxpayers: if you are living abroad and have failed to pay your taxes in a timely manner or to report them, and now you want to come into compliance with the law, it's possible to do so without serious repercussions.

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