We all know how painful it can get at the end of the year when we need to file our taxes.
Step 1 : You need to get W2 from your employer.
Step 2 : You need to look at all your investments and get the required 1099 forms from various institutions and keep them safely until you are ready to file your return.
Step 3 : You also need to report any foreign income under the FBAR (Report of Foreign Bank and Financial Accounts) and need to get bank statements and tax withholdings from your overseas banks.
Added to this is the complexity of tracking the number of days spent outside your home country to determine resident status for tax filing. You can now store all this information securely in Zoomlee under finance category and send all this information to your CPA with just one click through an email. And yes, tax tracking days has been made simpler with Zoomlee’s automatic GPS based tracking when you travel. Enjoy your travel and let Zoomlee take care of filing your taxes for 2015!
Few people are benefiting more from the boom in new communication technology than expats. Everything from Skype to WhatsApp has made staying in touch infinitely easier, be it singing Happy Birthday to your nephew, or tuning in for an important meeting at your home office — experiences that, in the past, expats had to miss.
Entrepreneurial global nomads have begun catering to a niche of tech-reliant expats, whose lives can be made simpler and more connected through websites and apps.Whether you’re looking for a place to buy Vegemite when you relocate to France, or you need a secure place to digitally store immigration documents, or want to move abroad but don’t have a job nailed down, we’ve rounded up some new companies you may not know about that make the expat life a little more convenient:
Eliminate the time you spend tracking international travel days and use Zoomlee’s tax-tracking function.
IRS… Audit… Income taxes… Federal… State… These are basic US tax terms that most people are familiar with and easily navigate through every April. April isn’t so simple if you’re a taxpayer living abroad, resident alien, foreign student, territory resident, nonresident alien, or one of the millions of people who are required to file international taxes. For these individuals, tax lingo isn’t so basic… Foreign Earned Income Exclusion, Foreign Tax Credit, Tax Treaties, Foreign Account Compliance Act and the ongoing struggle to keep up with filing dates and currency exchange. Do you know that you need to pay taxes on your global income in the US if you are a resident for more than 183 days in a tax year? That puts you in the category with millions of other International Taxpayers.
Every International Taxpayer falls under a different category. These categories can appear convoluted but it’s important to understand exactly where you sit. The IRS recently created a user-friendly map to help you determine exactly what category you belong. Visit the IRS’ official site for International Taxpayers.
Why Zoomlee is different than any other app? This is much MORE than the average travel app. Zoomlee is the very first app to digitally track, alert and store immigration compliance documents. (Read the press release online by visiting PRWeb.)
Zoomlee (http://www.zoomlee.com), is the world’s first intelligent storage application engineered to securely store all personal and immigration documents. Developed for the international traveler in the digital age, Zoomlee officially launched today and can be downloaded for free. The Zoomlee app is built with end-to-end security features to eliminate the risk and complexity international travelers face everyday.
Users have the option to download a customized app to fit their specific needs. With multiple adaptations of the app to choose from, there is a version to satisfy the needs of every corporate traveler, student studying abroad, frequent international tourist or an entire family traveling together.
Zoomlee was developed with multiple goals and will change international travel as we’ve known it. As the world’s first app that configures to your travel and immigration needs with security at the very core, Zoomlee is now available to download from the App Store and Google Play.