A number of the best-known and most-visible American expat organizations have been mobilizing over the weekend to ensure American expats around the world understand their options for receiving a "Recovery Rebate" from the U.S. government, worth as much as US$1,200 per person, as a result of a US$2trn stimulus package signed into law by President Trump on Friday.
A desire to avoid having to pay taxes to two countries has emerged over the last two days as the likely reason – according to certain tabloid newspapers at least – that Britain's Prince Harry and his American wife Meghan Markle appear now to be setting up home in California, rather than Canada or the UK.
A ruling last week by the UK's Supreme Court, in favor of a plaintiff who claimed that data protection laws had been broken in the transfer of her son's personal data to U.S. authorities, is being seen as potentially precedent-setting, as it is said to be the first such case involving questions about the legal transfer of personal data from Britain to the United States since the introduction of the GDPR across Europe in 2018.
The spread of the deadly COVID-19 pandemic is wreaking havoc on most Americans’ finances, prompting the federal government to delay 2019 tax filing and payment due dates to July 15.
Here, Ross Marchand, director of policy for the non-profit, Washington, D.C.-based Taxpayers Protection Alliance, notes this is little consolation to the estimated 9 million Americans living abroad who must report and pay their taxes to two authorities every year...
While former U.S. vice president Joe Biden has begun to strengthen his lead back in the States, Vermont Senator Bernie Sanders comfortably won the Democrats Abroad's Global Presidential Primary earlier this month, receiving 57.9% of the overseas vote and securing nine delegates to the Democratic National Convention.
Days after the IRS announced it was pushing back "Tax Day" for Homeland Americans to July 15, from its long-established date of April 15, to accommodate issues resulting from the current coronavirus pandemic, the U.S. tax collecting agency today began to address at least one of the major deadline concerns of those who have non-U.S.-resident American accounts to report: specifically, certain deadlines that have to do with FATCA (Foreign Account Tax Compliance Act).
The American Citizens Abroad has called on Congress, the Treasury and the IRS to include Americans who are resident abroad in any formal efforts to help U.S. citizens who have been affected by the current coronavirus pandemic.
The spread of the deadly COVID-19 pandemic is wreaking havoc on most Americans’ finances, prompting the federal government to delay 2019 tax filing and payment due dates to July 15. Here, Ross...
Mar-28-2020
