"Dozens" of Americans living in Micronesia "are suing the Bank of Guam for seizing stimulus checks they deposited" in the bank, according to a report published over the weekend, which said the bank took the action "to help the IRS recover tax payments issued in error."

While some expatriate Americans have been receiving and depositing or cashing their U.S. Economic Impact Payments without a problem, others continue to struggle. 

Here, U.S.-based Marina Hernandez – founder of MHTax, a tax advisory firm, and an investment adviser with Dynamic Wealth Advisors/Swiss American Wealth Advisors, who also writes a tax education blog called The Crossborder Planner – explains what those who are still struggling might do to move things along... 

One of those stories quietly running in the background of the Covid-19 pandemic has been that of the American expats who have struggled to obtain the so-called CARES Act stimulus payments they're supposed to be receiving – even as people who aren't U.S. citizens, and therefore shouldn't be receiving them, have been.

One such person is a former American whom we'll call Franz, who lives in Switzerland, and who renounced his U.S. citizenship in 2019...but received a check anyway...

After initially refusing to sign a long-awaited second coronavirus relief package, which had managed to eventually make it through both houses of Congress – on the grounds that it didn't offer America's out-of-pocket taxpayers enough – President Trump finally signed it into law on Sunday evening. 

Here, U.S.-based, U.S. expat tax specialist Marina Hernandez, founder and principal of Crossborder Planner, explains what American expats need to know about the legislation...