Monthly Archives: February 2015

U.S. Department of States Starts Communicating with U.S. Citizens Overseas Regarding Tax Obligations with the IRS

Tax-Expatriation

The IRS is in charge of U.S. federal tax administration.  It’s mission statement is set out below and is very different from the mission of the U.S. Department of State:

The IRS Mission

Provide America’s taxpayers top quality service by helping them understand and meet their tax responsibilities and enforce the law with integrity and fairness to all.

This mission statement describes our role and the public’s expectation about how we should perform that role.

  • In the United States, the Congress passes tax laws and requires taxpayers to comply.
  • The taxpayer’s role is to understand and meet his or her tax obligations.
  • The IRS role is to help the large majority of compliant taxpayers with the tax law, while ensuring that the minority who are unwilling to comply pay their fair share.

The U.S. Department of State is in charge of something very different from taxes and tax policy.  Below is…

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Why a non-U.S. citizen may wish to be a U.S. income tax resident (“U.S. person”). Sound like a non-sequitur?

https://twitter.com/USCitizenAbroad/status/562774079246458883
Good post, although I don’t think many would willingly choose this option.

Tax-Expatriation

Why a non-U.S. citizen may wish to be a U.S. income tax resident (“U.S. person”).  Sound like a non-sequitur?

Normally, anyone residing outside the U.S. is far better off if they are NOT a “U.S. income tax resident.”  This is for several reasons:

  • The Bank Secrecy Act (BSA)…

View original post 722 more words