I was very surprised to receive the following email on Friday evening. I cannot recall ever getting anything like this before. I will not identify the author because it is not proper to publicly share an email without the permission of the sender. It is not anyone I have ever heard of before and IContinue reading “If you Decide to Comply, DON’T choose a Homelander Tax Compliance Professional”
Category Archives: Non-compliance
What is Tax Residency? – Episode 1 with John Richardson & Olivier Wagner
The issue of tax residence has gained so much attention since the “crackdown” on non-resident US Persons began in 2009. It is commonly understood that you pay taxes to the country/state/city-town that you reside in. (For an interesting comparisonContinue reading “What is Tax Residency? – Episode 1 with John Richardson & Olivier Wagner”
It’s Happening Again – Enough is Enough is Enough
NB: STAY TUNED – a 7-part video on the Transition Tax, with John Richardson & Karen Alpert will be posted in the next couple of days. NB: For anyone with time to spare/the interest/needing specifics to make the point regarding the “intention” of the law, here are some of the relevant House/SenateContinue reading “It’s Happening Again – Enough is Enough is Enough”
Why the proposed transition tax, if applied to individual U.S. shareholders living abroad, is analogous to the “Offshore Voluntary Disclosure Program
The following was written by John Richardson and is a section of a larger piece yet to be published. I will provide the link at the time it is available and of course, have permission to publish this. When I first read this, two things occurred to me. The OVDP/OVDI process represented aContinue reading “Why the proposed transition tax, if applied to individual U.S. shareholders living abroad, is analogous to the “Offshore Voluntary Disclosure Program”
NO Evidence of Intent to apply the “”Transition Tax” to Small Business Corporations of #AmericansAbroad
It appears that we are very likely at a breaking point in this intolerable situation faced by expatriates as regards U.S. application of citizenship-based taxation. Tax reform does not happen often. It is critical that relief for expats occur in the current legislation. Many of us simply will not be around in 30 yearsContinue reading “NO Evidence of Intent to apply the “”Transition Tax” to Small Business Corporations of #AmericansAbroad”
When government turns predator
This was the very first post at the Isaac Brock Society, published there on December 10, 2011 by the founder of Brock, Petros. At the time, there was outright terror in the expat community. Horror stories from the 2009 OVDP were coming out. Threats from Shulman (then IRS Commissioner), the media and primarily, theContinue reading “When government turns predator”
FBAR In The Homeland: The Willful FBAR Penalty Requires Proof
FBAR In The Homeland: The Willful FBAR Penalty Requires Proof https://t.co/d8ddsDYwd7 via @taxconnections – Pomerantz chronicles continue — Citizenship Lawyer (@ExpatriationLaw) June 21, 2017 //platform.twitter.com/widgets.js Published by Tax Connections Blog 21 Jun 2017 Posted in FBAR Written by John Richardson This is one more in a series of posts discussing the FBAR rules.Continue reading “FBAR In The Homeland: The Willful FBAR Penalty Requires Proof”
In four years, about 1% of diaspora non-filers chose to come into compliance through Streamlined: IRS
This is cross-posted from Brock. The author, Eric is a long-time writer there who composes excellent analytical posts, particularly concerning the inaccurate numbers of expatriations. There was a discussion today that made me think of putting this particular post up. This post clearly demonstrates that in spite of all the scares – the FBAR FundraiserContinue reading “In four years, about 1% of diaspora non-filers chose to come into compliance through Streamlined: IRS”
#IRS abuse of Americans Abroad – The greater the effort! The greater the punishment!
This post is from the RenouceUScitizenship blog. God, grant me the serenity to accept the things I cannot change, The courage to change the things I can, And wisdom to know the difference. We are now more than two years into the Obama/Geithner/Shulman/IRS assault on U.S. Citizens Abroad. It is commonly accepted that the origin of the assault has been – whatContinue reading “#IRS abuse of Americans Abroad – The greater the effort! The greater the punishment!”
Citizenship Taxation 