Form 8854 (2018) – IRS Basics of Expatriate Tax for Green Card Holders

Form 8854 (2018) – Green Card Holders & IRS Expatriation Tax Rules  While may people believe that the Expatriate Tax is something limited to U.S. citizens who decide they are going to renounce their citizenship, that is not the case.  Common IRS Form 8854 issues we handle involve: Renouncing U.S. Citizenship Relinquishing a Green Card…


Taiwan Signs FATCA Agreement – Will Report U.S. Taxpayers to the IRS

For the last two years, Taiwan has been operating in accordance with FATCA (Foreign Account Tax Compliance Act) by way of an “Agreement in Substance.” Technically, this means while Taiwan would agree to enforce FATCA, it was not bound to do so. As of December 22, 2016, Taiwan signed a FATCA Agreement with the United…