Toronto-based citizenship lawyer and U.S. expatriate rights campaigner John Richardson has issued a call for contributed questions ahead of a planned podcast he’s scheduled to do on Wednesday with Anthony Scaramucci, founder of the U.S. alternative investment firm SkyBridge Capital.

After two months of being unable to travel to meet with clients or to sponsor or participate in seminars and conferences, American expat-focused organizations, wealth and tax managers and advocacy groups have turned in growing numbers to videos, webinars and podcasts as a means of staying in touch with their respective audiences. 

A little more than a month after Americans around the world have begun receiving “Economic Impact Payments” from the U.S. Treasury – as part of the government’s emergency US$2trn CARES Act stimulus package, unveiled in March – tax experts have begun to point out that some wealthy expatriates could potentially benefit from an apparently unforeseen quirk in the way these payments are being provided, that their Homeland counterparts could not.

Last year, while campaigning as the Canadian Conservative Party's candidate to unseat Justin Trudeau as prime minister, Andrew Scheer was revealed to have dual U.S./Canadian citizenship that he'd acquired as a result of his father having been born in the United States, but he insisted that he was in the process of renouncing it.

Seven months on, having failed to win the election and having announced plans to step aside as his party's leader, the Canada-born Scheer disclosed over the weekend that he's changed his mind, and has decided to keep that U.S. citizenship.

At first, the Foreign Earned Income Exclusion might seem a potentially useful tool indeed in the tax-paying toolbox of Americans who are resident overseas. After all, notes Toronto-based citizenship lawyer and American expat rights campaigner John Richardson, in his preface to a just-posted set of online podcasts on the FEIE, it "allows you to exclude – Exclude! Exclude! – US$102,000 a year of income from your tax return!"

In fact, though, the FEIE is not anything like the solution to the long-suffering expat taxpayer's problems this statement suggests it might be, he, and four other participants in the three podcasts, go on to agree...

As American expats and Green Card holders around the world prepare to take advantage of their ability, under the recently-signed CARES Act, to access their share of the US$2trn federal coronavirus stimulus package, some Americans resident abroad have been expressing unease with the fact that expats have been included in the handout.

As awareness of the problems associated with the Obama-era law known as the Foreign Account Tax Compliance Act (FATCA) has gradually become more widespread, there's been more discussion about the possibility of the U.S. moving away from its globally-all-but-unique citizenship-based tax regime, to one based on residency.

For Israel-based American tax law specialist Monte Silver, what was to turn out to be one of the key components of his legal challenge against President Donald Trump's 2017 Tax Cuts and Jobs Act didn't exactly leap from the 250 pages of the final draft of the regulations, as he first studied them after they were issued in August 2018...

Independent tax professionals from across Canada and elsewhere will come together later this month in Toronto, at a two-day, CPD-accredited “U.S. Expat Tax Conference”.

In the final days of 2017, President Trump signed into law a major overhaul of the U.S. tax code, the so-called Tax Cuts and Jobs Act, that contained major, life-changing elements for many American expat small business owners in particular.