Expert U.S. tax advisory to stay compliant with the IRS, resolve tax issues, and live worry-free abroad.
Dealing with the IRS while living abroad can be complicated. Our team provides comprehensive tax solutions for Americans in Spain
from preparing and filing U.S. tax returns to resolving IRS cases and coordinating with Spanish tax authorities.
We handle every step so you can focus on your life and your goals.
Accuracy and compliance in every form FBAR to FATCA and beyond.
Effective solutions for debts, audits, and IRS notices.
Coordinated tax planning between the U.S. and Spain to avoid double taxation.
Confidential review of your situation.
Identify issues, risks, and opportunities.
A clear strategy with defined timelines and fees.
We handle everything with the IRS and Spanish authorities.
Joaquin Torres, CPA (Licensed in Florida and Puerto Rico, USA), is a Certified Public Accountant with over 31 years of experience specializing in U.S. taxation for expatriates living abroad. Joaquin provides expert tax planning, preparation, and compliance services to U.S. citizens and green card holders overseas, helping them navigate the complexities of international tax laws and IRS reporting requirements.
In addition to expat tax preparation, Joaquin offers tax resolution services for clients facing IRS penalties, late filings, or compliance challenges. He also provides IRS transcript monitoring services to help expatriates stay informed and protected while abroad, ensuring potential issues are identified and addressed promptly.
Known for his professionalism, integrity, and personalized service, Joaquin has built a strong reputation as a trusted tax advisor to U.S. expats worldwide, delivering accuracy, peace of mind, and effective long-term tax solutions.
“They made my IRS situation easy to understand and stress-free.”
“Professional, responsive, and deeply knowledgeable about international taxation.”
Yes. U.S. citizens and green card holders are required to file a U.S. tax return every year, regardless of where they live or where their income is earned. However, you may qualify for certain exclusions or credits—such as the Foreign Earned Income Exclusion (FEIE) or the Foreign Tax Credit (FTC)—that can significantly reduce or eliminate your U.S. tax liability.
The FEIE allows you to exclude up to $126,500 (for 2024) of earned income from U.S. taxation if you meet specific requirements. To qualify, you must either:
It’s important to note that this exclusion applies only to earned income (salary or self-employment), not to passive income such as dividends, rental income, or pensions.
Yes, if the aggregate value of your foreign financial accounts exceeds $10,000 at any time during the calendar year, you must file the Foreign Bank Account Report (FBAR) also known as FinCEN Form 114 electronically. This includes checking, savings, investment, and even joint accounts. Failure to file can result in significant penalties.
Spain has a tax treaty and a totalization agreement with the U.S., which can help you avoid double taxation. You’ll generally need to report your worldwide income to both Spain and the U.S., but you can use foreign tax credits on your U.S. return for taxes paid to Spain. It’s essential to coordinate both filings carefully to optimize your tax position and stay compliant in both countries.