U.S. citizens abroad who are noncompliant with their tax obligations but aren't willfully evading taxes may be able to come into compliance under a new program to be announced by the Internal Revenue Service. According to prepared Remarks of John A. Koskinen Commissioner Internal Revenue Service Before The U.S. Council For International Business-OECD International Tax…
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U.S. Senator Rand Paul Continues To Block 5 Important Tax Treaties
On Tuesday, June 3, 2014, we posted Paul Continues to Block Move to Ratify U.S.-Swiss Tax Treaty? which discussed that the U.S.-Switzerland tax treaty remains stuck in the Senate after Sen. Rand Paul (R-Ky.) blocked an effort to propel it forward by Senate Foreign Relations Committee Chairman Robert Menendez (D-N.J.) When a bipartisan Senate panel lambasted…
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Paul Continues to Block Move to Ratify U.S.-Swiss Tax Treaty?
The U.S.-Switzerland tax treaty remains stuck in the Senate after Sen. Rand Paul (R-Ky.) blocked an effort to propel it forward by Senate Foreign Relations Committee Chairman Robert Menendez (D-N.J.) When a bipartisan Senate panel lambasted Swiss bank Credit Suisse for helping rich Americans evade billions in taxes, some watching the high-profile hearing couldn’t help…
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June 16 Deadline Nears for Taxpayers Living Abroad
Taxpayers abroad qualifying for an automatic two-month extension must file their 2013 federal income tax returns by Monday, June 16, according to the Internal Revenue Service. The June 16 deadline applies to U.S. citizens and resident aliens living overseas, or serving in the military outside the U.S. on the regular April 15 due date. Eligible…
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