American Citizens Abroad's U.S.-citizen-friendly bank account marks 3-year anniversary

In March 2016, after years of lobbying U.S. government officials over the problems that American expats had been having in being able to get bank accounts and mortgages while abroad, the American Citizens Abroad organisation announced a partnership with the State Department Federal Credit Union (SDFCU) to provide such expats with US-citizen-friendly banking services.

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National Taxpayer Advocate Nina Olson to retire

Nina Olson, who has spoken out forcefully on behalf of American expatriates a number of  times in recent years during her tenure as the IRS's National Taxpayer Advocate, has announced that she will be retiring at the end of July.

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European Banking Federation in complaint about FATCA enforcement burden

The head of the Brussels-based European Banking Federation, which represents some 3,500 banks across Europe, has warned U.S. Treasury officials that American expats may continue to struggle to get and keep bank accounts if something isn't done to address the problems his organization's members still face in their efforts to implement the American tax evasion law known as FATCA.

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Liz Zitzow: U.S. Treasury expected to unveil ‘good news’ for overseas small-biz taxpayers over GILTI, Section 965

Liz Zitzow, an American resident in London who runs a tax advice business for American expats, says the U.S. Treasury plans to announce “some good news on Monday” with respect to the recently-introduced global intangible low-taxed income (GILTI) tax, which has been causing major problems for many Americans who own small businesses outside of the U.S.

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Opinion

Creveling & Creveling: A U.S. tax form 'checklist' for tax-reporting season

Creveling & Creveling: A U.S. tax form 'checklist' for tax-reporting season

It’s that time of year again – and we're not talking here about Groundhog Day, Valentine's Day, ski season or Mardi Gras.  Rather, we're referring to that time of the...

Feb-15-2020