Internal Revenue Service, IRS
IRS stands for Internal Revenue Service and is often known as the agency that collects taxes. But what else do they do? How did they start
Government, IRS, USA
What is FATCA?
The Foreign Account Tax Compliance Act or FATCA is essential reading for US expats. The rules aim to stamp out tax evasion by American taxpayers
Expat, FATCA, Government, IRS, Tax Avoidance and Tax Evasion, Tax Featured, USA
Transition Tax Stumps Accidental Americans And Expats
Tax is getting a little complicated for expat American business owners. An unintended result of President Donald Trump’s Tax Cuts and Jobs Act is a
IRS Wants To Tax Millions Of Bitcoin Trades
American Bitcoin traders are in the sights of the Internal Revenue Service for failing to report their trading gains. The IRS considers tax on a
FATCA, Investment, IRS, USA
US Expats Must Not Shun FATCA Obligations
Behind the scenes campaigning and election pledges that are yet to come to fruition do not mean US expats can ignore FATCA. Lobbyists have joined
Why Are Americans Giving Up Their Passports?
Record numbers of taxpayers are giving up their US passports – but no one is sure why or even if they are Americans or why
Advocate Backs FBAR And FATCA Merger
US expats swamped by a welter of financial reporting forms from the Internal Revenue Service (IRS) and US Treasury may have an easier time in
IRS Dirty Dozen Tax Scams For 2015
The Internal Revenue Service (IRS) is warning taxpayers in America to watch out for this year’s dirty dozen tax scams. Every year, the IRS draws
Russia Hits Out At ‘Unlawful’ FATCA
Grumbling about the US Foreign Account Tax Compliance Act (FATCA) is growing around the world. After a Canadian pressure group launched a legal challenge against
New Criminal Offence To Net Offshore Tax Dodgers
HM Revenue & Customs (HMRC) has revealed the details of a new criminal offence aimed at trapping offshore tax dodgers. The tax man is urging
Fraud and Scams, HMRC, IRS, Offshore, Tax Avoidance and Tax Evasion