Many people find U.S. tax rules confusing, especially if they live outside the United States. If you have foreign income or foreign bank accounts, you might hear about Form 14653. This form sounds complicated, but we are here to explain…
Holding accounts in foreign banks can bring certain benefits, but it can also require close attention to tax rules in the United States. If you do not follow these rules, you may face trouble from the IRS. Many people with…
After the presidential election, some citizens planned on renouncing their citizenship and moving abroad to Canada, or elsewhere. It would be interesting to survey those who stated this proposition to see if they followed through on their promise (or threat).…