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Putting aside the challenges FATCA has created for Americans (in fact, for everyone) wanting to open bank accounts overseas, the filing requirements and
It’s official. The IRS can now revoke your passport if you owe them US$50,000 or more. The new law was tucked away in a new highway bill dubbed the FAST Act (Fixing America’s Surface Transportation Act) that was signed by President Obama last week. What better way to get a contentious, potentially civil rights-violating bill […]
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 […]
Because the tax system in the United States is probably the most complicated in the world. Even simple wage-earners with but single W-2s can have trouble figuring out which forms to complete thanks to
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.
