The IRS Is Auditing More Expats in 2026 — Avoid These 6 Mistakes

Summary

The transcript discusses common tax mistakes for US expats, highlighting the critical misunderstanding that Americans must file US tax returns regardless of their location due to citizenship-based taxation. Key points include the requirement to file returns even with minimal self-employment income and the potential tax implications of spending over 183 days in a foreign country. The practical takeaway is that digital nomads and expats must be proactive in understanding their tax obligations, including potential self-employment taxes and international tax residency rules, to avoid significant financial and legal consequences.