Will a 'hard fork' result in gross income, and a reporting obligation for the U.S. taxpayer owner of the virtual currency subject to that 'fork'? As reported, the U.S. Internal Revenue Service recently released some long-anticipated guidance on this and other questions, addressing how those subject to U.S. taxation should report their…

Contrary to an apparently widespread belief back in the U.S. – and especially, it sometimes seems, among certain lawmakers in Washington – most American expats are not rich, and don’t live abroad in order to avoid their U.S. tax obligations, a new survey has found.

Under pressure from European banks in particular, the U.S. Internal Revenue Service has issued clarification with respect to a FATCA requirement that "foreign financial institutions" be obliged to provide the so-called Tax Information Numbers of their American clients from January, 2020 onward, which tax experts say means that banks now…

Daniel Freedman, one of the best-known figures in the UK’s American expat wealth advisory industry, died earlier this week in London, his London-based company, London & Capital, announced this morning.