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…
On its face, the Surface Transportation and Veterans Health Care Choice Improvement Act of 2015 (the “Act”) doesn’t sound much like legislation that affects the filing of taxes, because such legislation rarely does. The enactment of this Act promulgates changes…