The Oct. 15 deadline looms. That is, any American who filed for an extension is now buckling down to prepare his 2015 tax return… myself included. One related topic that has been generating lots of questions for me lately is foreign disregarded entities. Even professional tax-filers seem to be confused as to how these work. […]
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 […]
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.
