ACHANCE FOR THE IRS TO “DO THE RIGHT THING” Back in the day, when I held the privileged position of IRS District Counsel in Sacramento, California, my managers and the attorneys we supervised kept a running report card on how well we resolved the various problems...
Taking A Cooperative Approach To Your Legal Issues
Month: April 2012
It’s Time For Common Sense And Fairness For American Expatriates !
Finally, the main stream media is waking up to the coming train wreck of FATCA’s impact on Americans living abroad. On April 15, 2012, in the New York Times and on the 16th in the International Herald Tribune, reporter David Jolly published articles which bring to the...
Who Said The IRS Doesn’t Give a Hoot About Providing Guidance to American Expats?!
Last week, the IRS announced a new compliance initiative aimed at the estimated seven million Americans who reside outside the United States. The IRS has launched a new International Compliance Project under which the IRS will match up forms 1099-R with “a selection...
Panama Report Part II: Panamanian Bankers React to FATCA
A few weeks ago I wrote about my trip to Panama and particularly my interaction with some of the American expat community in Boquete and in Panama City. Another part of my trip was a number of meetings with the compliance and executive officers of some of Panama’s...