Uncle Sam Reminds YOU: Tax Day for expats who got extensions is Oct. 15

Uncle Sam – in the rather more official (and less colorful) form of the Internal Revenue Service – is reminding U.S. expats that as it is now October, this means they only have two weeks left to get their U.S. tax returns in, if they opted to take advantage of the extension that lets such taxpayers have until Oct. 15 to file their 2020 returns.

  • Tax

IRS secures a court order to obtain U.S. taxpayer info from Panama-based firms

In what one U.S. official was quoted as saying was evidence of the government's "commitment" to go after American taxpayers who used "offshore service providers to avoid U.S. taxes," the U.S. Justice Department on Thursday announced that it had authorized the IRS to issue summonses that would require "multiple couriers and financial institutions" to produce information about U.S. taxpayers" who were believed to have used a firm known as Panama Offshore Legal Services, "and its associates," to evade U.S. income taxes.

  • News

As Republicans complain, IRS says it's looking into leak of data behind ProPublica article

While news websites and newspapers continue to review, analyze and publish opinions based on ProPublica's recent and comprehensive research report on the relatively insignificant income taxes certain of Americas wealthiest Americans have been found to be paying, Republican politicians in Washington are, in their own words, "demanding answers," even as IRS commissioner Charles Rettig has assured them and others that the matter is being thoroughly investigated. 

  • News

Most expat Americans ineligible for expanded Child Tax Credit amounts: IRS

American expatriates with children under the age of 17 "generally won't" be eligible to receive the expanded monthly Child Tax Credit payment amounts about to begin being provided under the Biden Administration's so-called American Rescue Plan, although they should be able to continue to receive the amount that has been available to them until now under the program, a spokesperson for the Internal Revenue Service has said.  

Bright!Tax's Allyson Lindsey: What, if anything, can be done about those IRS delays, late refunds, unanswered calls...

It's hardly a secret at this point that 2021 has been a bit of a struggle for the IRS. As we've been told, the reasons include – as with just about every government agency (and company) around the world – the pandemic, as well as, in the IRS's case, the need to distribute two new rounds of stimulus checks to millions of U.S. taxpayers around the world at short notice.

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Opinion

AXFNJ Podcast: Bangkok-based Peggy Creveling of Creveling & Creveling, on 16 years advising American expats in the 'Land of Smiles'

AXFNJ Podcast: Bangkok-based Peggy Creveling of Creveling & Creveling, on 16 years advising American expats in the 'Land of Smiles'

In November of 1993, Peggy Creveling arrived in Bangkok, Thailand, to meet up with her husband, Chad, whom she'd met at the well-known U.S. military academy of West Point some...

Oct-30-2022