Heads up. If you’re an American living overseas and didn’t file a formal extension with the IRS using Form 4868, today is your tax day. You must file your annual return by midnight tonight. If you are an American living overseas and didn’t file a formal extension with the IRS… I have to ask: Why […]
A Humble Suggestion For The IRS If you haven't completed your FBAR form (TD F 90-22.1) for 2012, here's a heads up: The deadline is less than two weeks away. Remember that postmarking the form by June 30 isn't good enough. The Treasury Department must receive the thing by June 30. Completing my FBAR was my weekend project. I'll [...]
Time To File Form 8938 The second round of this year's U.S. tax season is coming to a close. Any U.S. person who applied for an extension must file his tax return by next Monday, Oct. 15. After weeks of procrastination and one miserable weekend, mine are almost finished. The big change this year is [...]
FATCA Is Closing In.. The level of concern among Americans seems to be growing as the FATCA implementation deadline draws closer and more people are becoming more aware of the implications and possible consequences of this absurd legislation. The first consequence has to do with the 30% withholding when wiring funds to a non-U.S. bank [...]
Offshore Living Letter is a publication of Live and Invest Overseas. Our goal is to provide timely, actionable information on all things offshore, including: how to go offshore, diversifying your portfolio, wealth creation, protecting your assets, and much more.