IRS letter campaign puts cryptocurrency investors on notice

The U.S. Internal Revenue Service has begun sending "educational letters" to U.S. taxpayers who have been engaging in "virtual currency transactions" and whom it says either "potentially failed to report income and pay the resulting tax" they were seen to owe on certain of these virtual currency transactions, or failed to "report their transactions properly." 

U.S. unveils hike in price of investment visa to US$900,000

Wealthy Chinese citizens (and others) hoping to invest their way to a U.S. passport will soon need to pay more, as the price for America’s popular immigrant investment visa is set to rise later this year to $US900,000, from its current US$500,000.

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Austin, Texas's Keller Williams adds outpost in Malaysia

Keller Williams, a privately-held, Austin, Texas-based, globally-focused real estate technology franchise business, has announced the awarding of a new "master franchise" to a business in Malaysia, giving it a foothold in the country for the first time.

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Dems Abroad: Americans Abroad Caucus co-chair Maloney planning to re-introduce two expat-friendly bills

New York Representative Carolyn Maloney, a Democrat who is co-chair of a Congressional group known as the Americans Abroad Caucus, is planning to re-introduce two bills of interest to Americans abroad, one of which calls for the creation of a "standing commission" that would review all laws that are currently having an adverse impact on Americans resident abroad, and also work to prevent new laws from being enacted that inadvertently harm non-resident Americans.

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Opinion

Uncle Sam wants YOU… to vote!

Uncle Sam wants YOU… to vote!

Many overseas Americans – even more, in percentage terms, than their homeland counterparts – don’t vote.  A common attitude among such expats is expressed by one thirtysomething New Yorker, who was...

Jun-06-2020