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Who Can You Trust?

You’re enjoying your time outside the U.S. because being an expat is exciting, rewarding and full of memorable experiences. There are fun and exciting things to see, new people to meet, and great work to accomplish at your job. However, as well all know, we are living in challenging times. It has become increasingly difficult…

Have You Received Tax Advice That Sounds Too Good to Be True?

Have You Received Tax Advice That Sounds Too Good to Be True?

Have you ever received an email from a “Nigerian Prince” offering you money? How about a mailer informing you that you’ve “won” $1.5 million? Or phone calls to discuss your car’s “extended warranty”? Sometimes it can feel like there’s a fraudster lurking around every corner. Most of the time, when we’re faced with a potential…

Foreign Accounts Tax Compliance Act (FATCA)

Foreign Accounts Tax Compliance Act (FATCA) In 2009, Swiss banks reported earnings to all American Citizens with offshore accounts.  As a result, UBS paid $780 million to the Internal Revenue Service.  Since then, more international banks have provided income information about American Citizens and Green Card Holders with foreign accounts to the IRS than ever…