Republican bill would block controversial plan to 'spy' on Stateside Americans' bank accounts

A Republican member of the House Ways and Means Committee has introduced legislation that would block the Biden administration's controversial plan to require U.S. banks to report their customers' account information to the Internal Revenue Service annually, citing "strong concerns" about the proposed legislation's possible effects on taxpayers' "privacy, the IRS's ability to safeguard private bank account information, and undue burdens on families and small businesses."

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Bloomberg Editorial Board: U.S. is 'hypocrite on international financial crime'

The U.S., which "pressed the rest of the world" to crack down on the type of financial secrecy that enables tax evasion and cross-border illegality, is now "a hypocrite on international financial crime," Bloomberg, the major global media organization based in New York, has said, in an Editorial Board opinion piece it published on Friday. 

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Expats see potential in launch of third parties in U.S. politics

American expatriates who say they've been frustrated by the unwilllingness of either of the two major U.S. political parties to take their issues on board are pointing to the recent emergence of at least three new political parties in the U.S. as a reason to be hopeful that their voices might at last begin to be heard.

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AARO expat survey: U.S. expats struggle even more than folks back home to save for retirement

Saving for one's retirement is never easy; life is expensive, and time flies.

But as a survey of more than 400 U.S. expats, carried out last  October and November by the Association of Americans Resident Overseas (AARO) reveals, it's particularly difficult for Americans who are living outside of the U.S., who struggle with a range of issues, including retirement account providers suddenly deciding that they no longer wish to service American expatriate clients.

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Opinion

You really know you're an American expat when...

You really know you're an American expat when...

Like folks everywhere, Americans are often surprised to discover how different things can be when they live abroad. Sometimes the differences are small; sometimes they're hilarious. In recent years, as...

Nov-25-2021