Federal appeals court decision temporarily halting Biden student debt relief plan interrupts expat access enabling efforts

A federal appeals court has temporarily halted a recently-unveiled Biden administration program designed to forgive hundreds of billions of dollars' worth of federal student loan debt held by American citizens – even as government officials had evidently been struggling to enable those living overseas to apply, as a result of technical difficulties having to do with accessing and submitting the necessary forms.

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Questions being asked about IRS's future direction, as successor to departing Rettig not yet named

With the U.S. Midterm Elections scheduled to take place on Nov. 8, and no successor yet named to replace IRS Commissioner Charles "Chuck" Rettig – who is scheduled to leave office as of Nov. 12 – questions are beginning to be asked about what direction the Internal Revenue Service is likely to take from Nov. 13 onwards, according to tax industry sources and media reports.  

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Lights…camera…action! It’s the TJ&P Show, for U.S. expats in the UK’s creative industries…

It’s a scene most Londoners know well: a normally peaceful, typically photogenic corner of their city has suddenly, unexpectedly become a film set.

Large vans and other utilitarian vehicles are parked haphazardly around the nearby streets, which are also crowded with bulky equipment and cameras, noisy electricity generators, and often, horse-drawn carriages or period automobiles. Groups of people stand and mill about, some in costume, others wearing orange vests emblazoned with words like “security” across them...

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Proposed legislation would address the ‘Expat Retirement Surprise’, but some say SS solvency concerns could keep it from passing

…and just-revealed setback to bill’s progress has sparked calls for a write-in campaign by American Citizens Abroad

“Lois” – not her real name – is an American who has lived in Paris for more than 20 years, but, like many expats, she spent the first half of her career working in the U.S., and building up a U.S. Social Security pot for her eventual retirement...

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FinCEN publishes final beneficial ownership info reporting rule

The U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN) has issued its final rule to establish the country's first-ever beneficial ownership information-reporting regime, as it was required to do by the Corporate Transparency Act of 2019 (CTA).

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Opinion

AXFNJ Podcast: Dubai private asset manager for U.S. expats Vince Truong explains why everyone needs ‘a financial roadmap in place’

AXFNJ Podcast: Dubai private asset manager for U.S. expats Vince Truong explains why everyone needs ‘a financial roadmap in place’

Hearing Americans who've been living abroad for 10 or more years, and sometimes for most of their adult lives, describe how they got there is always interesting, I find. Many...

Dec-15-2022