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IRS is looking for Americans Overseas

2 min

Published on: 28-12-2015 Last modified on: 13-06-2023

Nieuwsuur IRS

They have never lived or worked in America, but have to pay taxes to the U.S. Now the IRS is looking for them.

Tens of thousands of Dutch people who have an American citizenship are finding out that they had to file for years because of a law called FATCA.

IRS looking for Americans abroad

The IRS is threatening with fines and criminal prosecution. Nieuwsuur (Newshour), a prominent news show, spoke with experts and citizens.

How AOS can help you

Two dual nationals living abroad founded Americans Overseas. In the costly and exhausting process of finding the right experts, they realised they had not only accumulated a mountain of knowledge, but also built up a solid network of tax and legal experts – which could be of great benefit to others in similar situations. Americans Overseas informs and connects US persons to a select network of specialised US tax consultant to help them avoid double taxation and become compliant.

IRS is looking for Americans Overseas

They have never lived or worked in America , but have to pay taxes to the United States. Tens of thousands of Dutch people who have an American citizenship are finding out that they had to file for years because of a law called FATCA.The IRS is threatening with fines and criminal prosecution. Nieuwsuur, a prominent news show, spoke with experts and citizens.

Frequently asked questions

Understanding the US tax system, the obligations, and all the additional terms can be difficult. Especially if one lives outside of America. Is your question not answered? Contact us.

Who is required to file taxes in the US?

U.S. citizens and resident aliens who live abroad are generally required to file a federal income tax return and pay taxes on their worldwide income.
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Do US citizens living abroad still have to file taxes in the US?

Yes, US citizens are required to file taxes on their worldwide income, regardless of where they are living.
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How can I cash my US check?

Received an American check? You can cash your check in the following ways: cash the check at your own bank, transfer to another person (endorsement), cash checks using an online service or cash the check by another bank.
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Are there any special tax forms required for US citizens living abroad?

US citizens living abroad may be required to file Form 2555 and/or Form 1116 to claim the foreign-earned income exclusion.
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What is FBAR filing?

FBAR (Foreign Bank Account Report) filing is the requirement for certain U.S. individuals and entities to report their foreign financial accounts to the Financial Crimes Enforcement Network (FinCEN) of the U.S. Department of Treasury. The FBAR filing requirement applies to U.S. persons who have a financial interest in, or signature authority over, one or more foreign financial accounts if the aggregate value of those accounts exceeds $10,000 at any time during the calendar year.
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