Tags » FBAR

#Americansabroad: "Ask NOT what the Homeland can do for you! Ask what you can do for the Homeland!

What follows is the full text of the Facebook post referenced in the above link. Really now, it’s time to understand that taxation is NOT the price you pay for Government services (or certainly not civilization). 718 more words

Citizenship-based Taxation

DAVID SLAYS AN FBAR GOLIATH: PRO SE TAXPAYER WINS MOTION TO DISMISS DOJ’S COMPLAINT by Evan J. Davis

A dual-national (U.S. and Canadian) citizen who lives in Canada found a warm reception in federal district court in Seattle, in the person of Judge James Robart. 1,015 more words

FATCA

The Foreign Account Tax Compliance Act (FATCA) was created to address non-reporting of income related to foreign financial accounts held by US taxpayers.

US Taxpayers who do not report their… 411 more words

IRS

#FATCA Hearings (4/26/2017) - a very brief introduction

The Foreign Account Tax Compliance Act (#FATCA) is a law requiring all foreign financial institutions (FFI) to provide the United States’ Internal Revenue Service (IRS) with financial account details of any American Persons who has accounts with it. 926 more words

Politics

Foreign Account Reporting in a Nutshell

When I first started preparing tax returns in the late 90’s, foreign account reporting was not really a concern. Rarely was there a need to check yes to the question on Schedule B (Interest and Dividend Income) of Form 1040, to indicate the taxpayer had an interest in or signature authority over a foreign account. 1,362 more words

Income Taxes

Citizenship-based Taxation is Absurd

A Stupid Story

Larry worked for a great company, Universal Solution Associates. He worked on the highest end projects, led his industry in quality and quantity of projects completed. 862 more words

Literary