Dems Abroad, to House subcommittee hearing: 'substantial adjustments needed' to FBAR regs

In what might be seen as a timely move on the part of the Democrats Abroad, given the extent to which FBARs have been in the news this past week, the organization submitted a seven-page document to the House Financial Services Subcommittee on Oversight and Investigations ahead of hearings scheduled for this past Wednesday (March 8), in which it urged House lawmakers to make "needed" and "substantial adjustments to FinCEN Form 114, the Report of Foreign Bank and Financial Accounts or 'FBAR'." 

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Dems Abroad Taxation Task Force planning pro-RBT demo in DC on...Expat Tax Day!

If you were thinking of planning a protest by expatriate Americans against the U.S. system of citizenship-based taxation, it's difficult to think of a better day to do it than the date when expatriate American expats are obliged to file their U.S. tax returns by – which is to say, June 15 (two months after U.S. taxpayers' taxes are due). 

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Taxpayer Advocacy Panel's Lammers tells ACA how expats can use TAP to make their voices heard

In her midyear report to Congress back in June, the National Taxpayer Advocate noted that of some 73 million calls the IRS received, only about one in 10 actually reached an IRS employee, around the same percentage as had been reported during the previous tax season. But the time the average taxpayer spent waiting on hold this year "rose from 20 minutes to 29 minutes," NTA Erin Collins said.

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Rebecca Lammers is IRS Taxpayer Advocacy Panel's new overseas rep

Months after many observers might have expected to hear who’d been chosen to succeed Paris-based American expat campaigner Laura Snyder as the IRS’s sole overseas member of a grass-roots voluntary organization known as the Taxpayer Advocacy Panel, it’s at last emerged that London-based Rebecca Lammers has been chosen for the role.

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Ross McGill: ‘FATCA isn’t the problem: CBT is’ 

Ross McGill: ‘FATCA isn’t the problem: CBT is’ 

In the early years of this century, a number of major media exposés reported how Homeland Americans, as well as rich people from other developed and developing countries, were making...