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IRS Set To Cancel Passports For US Expats With Tax Debts

Thousands of US expats with large tax debts may be stranded overseas when  they lose their passports from this month, warns the Internal Revenue...
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France Fumes Over FATCA Demands From The IRS

The French and US tax authorities are in a war of words over collecting financial information about 40,000 accidental Americans living in the country. The...
FATCA Tracker

FATCA List – August 2019

The US Internal Revenue Service’s list of foreign financial institutions reporting under the Foreign Account Tax Compliance Act (FATCA) increased to 341,729 in July...

Fed Cuts Interest Rates But Not By Enough, Says Trump

Interest rates are hitting the headlines again more than a decade after they plunged following the global financial crisis. The US Federal Reserve - the...

Crypto Critics Blasted As Blinkered And Delusional

US lawmakers are out of touch with cryptocurrency as the future of money and delusional about with their thinking that digital cash is just...

Facebook’s Crypto Is Target Of Wrath From Congress

Facebook has taken a beating in Congress as lawmakers let loose with a barrage of tough questions over the planned launch of cryptocurrency Libra. Members...
FATCA Tracker

FATCA List – July 2019

The US Internal Revenue Service’s list of foreign financial institutions reporting under the Foreign Account Tax Compliance Act (FATCA) remained at 335,778 in June. The...
USA-Flag

Accidental Americans Stress Over Double Taxation Dilemma

Thousands of accidental Americans living and working in Europe are frustrated with US tax policy that makes them pay up even if they left...
FATCA Tracker

FATCA List – June 2019

The US Internal Revenue Service’s list of foreign financial institutions reporting under the Foreign Account Tax Compliance Act (FATCA) grew by 3,038 in May. The...

How Trump’s Trade War Hurts The World Economy

World stock markets are suffering from volatile trading mainly due to the trade war between the US and China. But what is a trade war...
FATCA Tracker

FATCA List – May 2019

The US Internal Revenue Service’s list of foreign financial institutions reporting under the Foreign Account Tax Compliance Act (FATCA) grew by 6,651 in April. The...
FATCA Tracker

FATCA List – April 2019

The US Internal Revenue Service’s list of foreign financial institutions reporting to them under the Foreign Account Tax Compliance Act (FATCA) increased by 4,440...
FATCA Tracker

FATCA List – March 2019

The US Internal Revenue Service’s list of foreign financial institutions reporting to them under the Foreign Account Tax Compliance Act (FATCA) shrunk by 1.440...
FATCA

FATCA Fight Will Carry On, Vow Repeal Campaigners

The fight to block the US Foreign Account Tax Compliance Act (FATCA) is unfinished despite defeat in the Supreme Court, vow opponents of the...

New Moves To Counter Crypto Market Meddling And Fraud

Rival American lawmakers have joined forces to bring some order to the volatile cryptocurrency market. Democrat Darren Soto and Republican Ted Budd, who both sit...
FATCA Tracker

FATCA List – February 2019

The US Internal Revenue Service’s list of foreign financial institutions reporting to them under the Foreign Account Tax Compliance Act (FATCA) grew by 2030...
FATCA Tracker

FATCA List – January 2019

The US Internal Revenue Service’s list of foreign financial institutions reporting to them under the Foreign Account Tax Compliance Act (FATCA) grew by 649...
USA-Flag

Time For US Expats To Think About Year-End Tax

US expats in the UK should be sorting out their financial affairs as the tax year end approaches on December 31. This year is important...
donald trump

Trump Ready To Cut US Expat Tax Ties

Thousands of Accidental Americans living around the world could be freed of the US tax burden that goes with their passport. President Donald Trump has...
FATCA Tracker

FATCA List – November 2018

The US Internal Revenue Service’s list of foreign financial institutions reporting to them under the Foreign Account Tax Compliance Act (FATCA) grew by 2,113...