In an article on the Medium website dated January 2023, Rebecca Lammers, International Member of the Tax Advocacy Panel, wrote an article about online communities for American Expats to discuss their taxes and tax obligations.
It is an outstandingly detailed attempt to summarize the online communities on Reddit and Facebook available for local accountant recommendations, help with filing, and other...
If you are a US citizen required to file income taxes, here are some of the key dates you need to keep in mind in 2025:
April 15, 2025
Although Social Security doesn’t fall directly under Tax and Banking, as part of the US Issues Team, we do collect articles of interest and pass them on to the FAWCO membership. The following are two such synopses written by members relaying their experiences in filing for individual social security benefits and benefits for a non-US citizen spouse.
Per the Bank Secrecy Act, every year you must report certain foreign financial accounts, such as bank accounts, brokerage accounts and mutual funds, to the Treasury Department by filing a Report of Foreign Bank and Financial Accounts (FBAR) on Financial Crimes Enforcement Network (FinCEN) Form 114.
Who must file?
Any US person (citizens, resident aliens, trusts, estates and domestic entities) with an...
“The Debrief,” a quarterly webinar offered by FAWCO sponsor London & Capital, is your chance to bring your burning questions to Pau Morilla-Giner, Chief Investment Officer. It’s accessible to everyone, regardless of your financial knowledge.
Whether you’re a seasoned investor or just starting out, this webinar is for you! Join Iain Tait, Partner and Head of the Private Investment Office,
London & Capital, the FAWCO sponsored resource, has published an article in November 2023 called “Considerations for US Persons Coming up to the 2023 Tax Year End.” Although this article is geared mainly toward Americans living in the UK, it does summarize six strategic areas that US citizens living abroad need to be aware of: Capital Gains Planning, Foreign Tax...
Divorces are always a challenging time for everyone involved. The emotional strain is felt not just by those individuals separating, but by children and the wider family. The decision to divorce is inevitably followed by a focus on financial issues and how family assets will be divided. This often fraught debate can...
