Category: Taxes
How The IRS Could Bring Rain On The Royal Wedding
When the engagement between Britain’s Prince Harry and actress Meghan Markle was announced a few weeks ago, the press began to speculate about what affects Ms. Markle’s status as an American citizen might have on the royal family once she becomes part of it. Specifically, what about required reporting under FATCA and other IRS rules?
EU Blacklists 17 Tax Havens, Another 47 On Gray List
The EU has this week released a short list of 17 countries it is officially putting on notice because of their taxation policies. Panama is on that list. So is South Korea… as well as the U.S. territories of American Samoa and Guam. In addition to this so-called blacklist, the EU has also named 47 […]
Ten Women Walk Into A Bar… And Learn About U.S. Taxes
Anticipation continues to build for details of the promised U.S. tax reform measures. House Republicans delayed release of the specifics yesterday and promised to share them today. I’ll have my thoughts on what, if any, effects the proposed changes will have on Americans living, investing, and doing business offshore as soon as any real information […]
Will Congress Eliminate Worldwide Taxation Of U.S. Citizens?
Talk about potentially eliminating the worldwide taxation of U.S. citizens is getting some expats excited. In theory… if the proposed change were approved… that would put U.S. citizens on par with citizens of every other country in the world except Eritrea, the only other country that also taxes citizens on worldwide income no matter where […]
Resources For Filing Taxes As An American Abroad
The Oct. 15 final deadline for every American who asked for an extension for filing his 2016 U.S. tax return is racing toward us… and I still need to complete mine. Kathleen and I return to Paris this weekend… and I know how I’ll be spending my first two weeks back in the City of […]
IRS Tax Deadline Extension Ends April 18th
Why Panama Corporations Are Just Not Worth It Anymore
Why I Fired My CPA And Started Doing My Own Offshore Taxes
Taking Your IRA Funds Offshore: An Offshore Expert’s Strategy
When I first began talking about the idea of investing IRA funds offshore more than 15 years ago, people wrote to tell me I didn’t know what I was talking about. Couldn’t be done, they insisted… the IRS didn’t allow it. Today, an industry exists to help people take their IRAs offshore. Why would you […]