The IRS is looking for Bitcoin and crypto investors who don’t have their taxes in order. On the hunt for tax evaders, the U.S. Internal Revenue Service is forcing cryptocurrency…
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According to Washington Monthly the Biden administration doesn’t need Congress’s consent to crack down on bitcoin tax evasion. Bitcoin/Cryptocurrency is a form of digital currency that records transactions through a…
According to The Standard: US President Biden’s tax increases are expected to offer an incentive for United States expats to give up their citizenship. Renouncing US citizenship Increasing taxes and…
Third Round Of Stimulus Cheques. Who is eligible? Who isn’t? This is what we know so far. President Joe Biden’s US $ 1.9 trillion Rescue Plan Millions of Americans receive…
Americans Overseas member of launched Residence-Based Taxation Coalition. Citizenship-based taxation (CBT) The United States taxes on the basis of citizenship. This is referred to as citizenship-based taxation (CBT). CBT means...
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TIGTA found massive noncompliance with the tax provisions applicable to American expatriates and told the IRS that more enforcement and a centralized compliance effort are required for expatriation provisions. The…
FinCen proposes a change in Foreign Bank and Financial Accounts regulations affecting cryptocurrency holdings at foreign exchanges. The Financial Crimes Enforcement Network (FinCEN), a bureau of the US Department of…
Please note that the following information is everything Americans Overseas has on the CARES Act topic. You can find more information about the checks on the IRS website. If you…
According to Dutch News: Dutch MPs debated the problem of accidental Americans, who face losing their Dutch bank accounts because they also have the US nationality. A majority of MPs…
FATCA on the PETI Commission (EU) agenda: The European Commission was aware of fundamental rights issues of FATCA. On November 10 there was a hearing on US FATCA legislation in…
