FATCA for U.S. expats

FATCA for U.S. expats
Since introduction of FATCA in 2010, it’s been game changing law for all U.S. persons abroad. Find out what FATCA is about, why you need to file it and what happens if you fail to do so in our weekly infographics. For 5 years our tax experts have helped U.S. expats with FATCA reporting and we ...

10 Facts about FBAR

10 Facts about FBAR
Many U.S. expat forget or get confused about FBAR requirement. But it’s important to understand that failure to file the FBAR will lead to penalties and attention of the IRS. We have gathered 10 important facts, which you need to know about FBAR reporting. Our expat tax specialists have helped hundreds of expats to file ...

FATCA related post on Twitter

Earlier in August, Canada and Russia exchanged the following tweets   Canada at NATO‏@CanadaNATO Geography can be tough. Here’s a guide for Russian soldiers who keep getting lost & ‘accidentally’ entering #Ukraine pic.twitter.com/RF3H4IXGSp  and Russians at NATO‏@natomission_ru Helping our Canadian colleagues to catch up with contemporary geography of #Europe @CanadaNATO pic.twitter.com/MjzRxpFFfN  … which gave me ...

US admits that FATCA is a failure so why pursue it

Even by the most optimist estimate compliance costs by banks will bar outweight the tax to be collected by the US The Senate admits that the stated goal of obtaining the info on ban accounts of US persons will not be met. So may I ask why the US had to use its full weight ...