2025-08-12 13:50:34 by M.Daniyal
Over 1 in 4 American expats consider renouncing U.S. citizenship. Learn why taxes, FBAR, and offshore rules are pushing many to this decision. Start Filing Giving up a U.S. passport sounds drastic — but for many expats, it’s ...
2025-08-12 11:56:39 by M.Daniyal
Submitting a Streamlined Filing to the IRS doesn't guarantee approval. Learn why the IRS might reject your SFCP application and how to avoid common mistakes. Start Filing When you’re behind on foreign account reporting, the IRS Streamlin ...
2022-07-28 19:12:21 by Ben Sussmimi
Understanding the Streamlined Filing Compliance Procedures (SFCP) and its Repercussions: An In-depth Look at the Jones Case 1. Introduction: The Relevance of SFCP for U.S. Taxpayers The vast world of international finance is filled with complexities. ...
2022-07-14 11:33:09 by Eli Shevpool
The notion of American Dream often evokes images of opportunities, freedom, and a life filled with possibilities. However, for a growing number of American expatriates, this dream has started to lose its luster. A recent survey startled many when it revea ...
2022-07-13 19:34:54 by John Spencerfield
It's not unusual for Americans to relocate to Canada or for Canadians who have lived in the U.S. for a while to do the same. Knowing how the tax laws in Canada and the United States differ from one another can assist you guide your client through the relo ...
2022-07-07 09:50:33 by Yaffa Swinkenheimer
The case of Romanian-American businessman Alexandru Bittner, who was fined $2.72 million for failing to file Financial Crimes Enforcement Network (FinCEN) Forms 114, Report of Foreign Bank and Financial Accounts (FBAR) (Bittner, No. 21-1195 (U.S. 6/21/22) ...