FACTA & Ex-Pats

FACTA REPORTING FELL SHORT PART TWO

FACTA reporting fell short part two. The reason Congress wants to tighten up the FACTA reporting comes on the heels of the Pandora Papers and Panama Papers leaks, where hundreds of politicians, rich individuals, celebrities, and sports figures,... Read More

IRS’s FACTA ENFORCEMENT FELL SHORT

IRS's FACTA enforcement fell short. As part of the new law P.L. 111-147, the Hiring Incentives to Restore Employment Act, which was passed in 2010, the Joint Committee on Taxation estimated it would bring in an additional $8.7 billion in revenu... Read More

AMERICAN EXPATRIATES TAXES

   American expatriates taxes. We sometimes get a call regarding American Expatriates Taxes, whether the person is overseas, or visiting back here in the United States. The common theme among all the expats is confusion about what they are require... Read More