A few days before President Biden's latest package of proposed changes to the existing U.S. tax regime – his so-called 2023 Green Book – was unveiled last month, Bloomberg Tax published a powerful opinion piece by Bill Pascrell Jr., chairman of the House Ways & Means Committee's Subcommittee on Oversight and a long-serving Democratic New Jersey member of the U.S. House of Representatives.

... but says greater resources needed 'to follow cross-border money flows'

American expats who tuned in last to last week's House Ways and Means Oversight Subcommittee hearing, in the hope of hearing IRS Commissioner Charles Rettig say something encouraging about plans to address their long-standing tax and FATCA-related issues, would have been disappointed, if not exactly surprised.

Charles P. Rettig, the chairman of the U.S. Internal Revenue Service since October, 2018, is due to participate in the latest hearing on U.S. tax issues by the House Ways and Means Oversight Committee, scheduled to take place today (March 17). 

Few American expatriates who follow the goings-on in Washington will have been surprised to notice that the words "FATCA" and "FBAR" weren't uttered during yesterday's House Ways and Means Oversight Subcommittee hearing, featuring National Taxpayer Advocate Erin M. Collins...

Fresh from delivering the National Taxpayer Advocate's annual doorstopper of a report to Congress, NTA Erin M. Collins will address some of the issues currently challenging U.S. taxpayers in a House Ways and Means Oversight Subcommittee hearing next Tuesday.

As news broke on Tuesday that four members of the U.S. House of Representatives had co-signed a letter to House Ways & Means Committee Chairman Richard Neal, in which they asked that a simplified, "short form" tax return be provided to American citizens who file their U.S. taxes from abroad, some expat campaigners and advocacy organizations insisted that such a simplification would not be enough.

Richard E. Neal, the chairman of the Democrat-controlled Ways and Means Committee of the U.S. House of Representatives, and Ways and Means Oversight Subcommittee chairman John Lewis have called for the "immediate appointment" of a permanent National Taxpayer Advocate to succeed Nina Olson, who stepped down at the end of July.

Outgoing House Ways and Means Committee chairman Kevin Brady yesterday appeared to respond to concerns that President Trump's Tax Cuts and Jobs Act – signed into law in late December 2017 – set the stage for a number of unintended and potentially damaging consequences, with the publication of a discussion draft document that invites public comment on a number of proposed "fixes."