IRS Now Recognizes Same-Sex Marriage In Every State
On June 26, 2015, the United States Supreme Court ruled in a 5-4 decision that the Due Process and Equal Protection Clauses of the Fourteenth Amendment guaranteed the right to same-sex marriage. The landmark ruling, known as Obergefell v. Hodges, was a monumental...What are the Top 5 2015 Tax Deadlines for U.S. Expat Taxes?
First of all, United States expatriate tax laws apply to any person who is temporarily or permanently residing in a country other than the United States. That being said, tax day for all Americans, including expats, is April 15, 2016. April 15 as tax day only changes...IRS Announcement: US Will Automatically Share Taxpayer Information with Other Countries Under IGAs
On October 2, 2015, the Internal Revenue Service announced success in meeting a September 30 deadline regarding the exchange of taxpayer information between the US and certain foreign governments. These intergovernmental agreements, or IGAs, are designed to help...Does the US Have an Exit Tax?
You may be leaving the United States, but you cannot relinquish your tax liabilities. In an effort to discourage US citizens from renouncing citizenship for tax avoidance purposes, the Internal Revenue Service imposes upon expatriates a tax known as the...Can You File a Joint FBAR?
In recent years, the Internal Revenue Service has increased its efforts to combat offshore tax evasion by implementing FBAR (Report of Foreign Bank and Financial Accounts) and related programs and reporting requirements. You are required to file an FBAR if you...