- Renounciation of US Citizenship A web guide to the taxation situation and renouncing US citizenship.
- ExpatForum: Canada An active forum for other expats living in Canada. Also contains areas for expats living in other countries. Lots of helpful people with excellent resources to share.
- The Isaac Brock Society A group blog on issues for US expats.
- Taxes for Expats Some good information about tax requirements and news for expats.
- Canadian Regulations (1)
- FATCA (33)
- FBAR (18)
- OVDI / OVDP (6)
- US Citizenship (7)
- US Taxes (13)
Category Archives: US Taxes
Would Americans care if they knew where their taxes were going?
A recurring theme with FATCA is that Americans living in America simply don’t care about the problems the act creates for Americans living abroad. But maybe they should…
Posted in FATCA, US Taxes Tagged FATCA, Tax Refund 4 Comments
There are only two countries in the world that have a Citizenship-based taxation system, the United States and Eritrea. So let’s take a look and how the world reacts when a country without global political clout does it…
Posted in US Taxes Tagged Diaspora Tax, Eritrea, Tewelde Yohannes 19 Comments
America is losing talent because of the IRS’s overreaching
There are many unintended repercussions to US tax policy (not to mention their disproportional penalty system). Investing in the US is becoming riskier, as is immigrating there.
Posted in US Taxes Tagged Renouncing US Citizenship, Terry Gilliam, US Citizen, US Citizenship 2 Comments
When do I need to file a tax report with the IRS?
Navigating the US tax system can be rather daunting, and the penalties for innocent errors are far higher than seems reasonable. As someone accustomed to the relative ease and helpfulness of the CRA, stepping into IRS territory is enough to … Continue reading
Posted in US Taxes Tagged Internal Revenue Agency, IRS, US Taxes, US Treasury Department Leave a comment
How are RRSPs handled with the IRS?
For most income, the taxes paid to CRA offset anything that might be due to the IRS. That’s why most US citizens living in Canada owe nothing when they file their US taxes. But interest income earned in RRSPs is … Continue reading
Help! I’m on the IRS hit list
When my friend Brian told me the American tax police were after him, I thought he must be nuts. Brian is a worrier. He gets a little paranoid sometimes. “We haven’t filed a U.S. tax return in 20 years,” he … Continue reading
Posted in FATCA, FBAR, US Taxes Tagged FATCA, FBAR, Foreign Account Compliance Act, Foreign Bank Account Report, Margaret Wente, US Taxes Leave a comment
Taxpayer Advocate Service
If you’ve been caught in the “bait and switch” of OVDP, or have received notice of penalties for “quiet filing” that you feel are egregious, there may still be hope. The Taxpayer Advocate Service, the IRS’s “best kept secret,” may … Continue reading
Posted in FATCA, US Taxes Tagged FATCA, Foreign Account Compliance Act, Internal Revenue Agency, IRS, Taxpayer Advocate Service, US Taxes Leave a comment
Remember when dealing with the IRS
Generally good advice when dealing with any company or government department, but particularly helpful for those of us currently trying to work with the IRS to become compliant with minimum damage to ourselves and our families.
Posted in US Taxes Tagged Internal Revenue Agency, IRS, US Taxes 2 Comments
The OVDP/OVDI “scam” and how a rational country might have handled the program
To bring people back into compliance, the IRS instituted the Overseas Voluntary Disclosure Program (OVDP) in 2009, a program that the American Citizens Abroad (ACA) has termed a “scam.”
The Attack on Accidental Americans
Wendy McElroy has written an article over at the Ludwig von Mises Institute. Although her language is harsh, she makes some excellent points about the people the US’s tax policies are hitting with their scattershot approach, and speculates as to … Continue reading
Posted in FATCA, FBAR, US Taxes Tagged Accidental American, FATCA, FBAR, Foreign Account Compliance Act, Foreign Bank Account Report, US Taxes, Wendy McElroy Leave a comment