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Ashlea Ebeling Forbes.com 11/4/2014 …There are five key factors at play – complicating the upcoming filing season (that’s when you file your 2014 tax return). The IRS agency budget is the number one challenge, Koskinen said. The House has voted to cut the IRS budget for 2015 by $341 million, and the Senate has proposed […] November 7th, 2014 | Tags: Foreign Account Tax Compliance Act (FATCA), John Koskinen, Patient Protection and Affordable Care Act (PPACA) | Category: IRS, legislation, Taxes | Comments are closed
The alleged tax havens have signed agreements with the United States to tell the IRS about funds held offshore by Americans Reuters via The Guardian [UK] 29 November 2013 The United States has signed agreements with the Cayman Islands and Costa Rica to help those countries’ banks comply with an anti-tax evasion law starting next […] December 1st, 2013 | Tags: Cayman Islands, Costa Rica, Foreign Account Tax Compliance Act (FATCA), offshore investments | Category: Banking and finance, IRS, Taxes, Treasury Department | Comments are closed
An increasing number of Americans are living abroad and handing in their passports to escape the IRS. Matthew Feeney Reason Magazine 8/15/2013 Earlier this month it was reported that the number of Americans renouncing their citizenship increased sixfold in the second quarter compared to last year. According to The Wall Street Journal, more Americans renounced […] August 18th, 2013 | Tags: citizenship, Eduardo Saverin, Ex-PATRIOT Act, Foreign Account Tax Compliance Act (FATCA), Sen. Chuck Schumer | Category: Banking and finance, IRS, Taxes, Treasury Department | Comments are closed
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