In an effort to combat offshore tax evasion, the United States and Singapore have pledged to negotiate and sign by the end of 2016 a tax information exchange agreement (TIEA) and a FATCA intergovernmental agreement (IGA) that provides for the…
The U.S. taxes its citizens on all income, regardless of where they live and earn this income. With the impending presidential election, the notion of some citizens renouncing their citizenship and moving abroad to some place like Canada based upon…
Taxpayers that retire with unpaid tax debt seemingly face a grim retirement because of the thought that assets reserved and necessary for retirement will be taken by the IRS. Here is the first part of our blog on what retired…