It’s up and running! The 2012 FAWCO-OVF website for user-friendly voter registration…
Once again this year, we are proud to announce that, thanks to our long-standing partner Overseas Vote Foundation, military and overseas voters can register to vote and request their ballots directly from the FAWCO website, using the latest secure technology and benefiting from access to continuously updated state-specific...
While everyone knows (or should) that “U.S. persons” (citizens and green card holders) are required (above a very low minimum) to report their worldwide income to the U.S. Internal Revenue Service, many do not actually owe tax because of credits given under tax treaties and because of the Foreign Earned Income Exclusion (FEIE), now $92,400, credited against earned income (not...
In March of 2010, President Obama signed the Foreign Account Tax Compliance Act (FATCA) into law as part of the HIRE Act, requiring foreign financial institutions (FFIs) to report to the IRS specific data pertaining to U.S. persons (citizens, green card holders, “accidental citizens” born to Americans abroad, etc.), including annual debit and credit totals and any movements out of...
The August 31 deadline for voluntary disclosure of “offshore” bank accounts, extended by the IRS to September 9, has now passed.
"US persons" (citizens and green card holders) who are not yet in compliance with their tax and bank account reporting obligations should inform themselves and in some cases consult a tax professional. FAWCO will continue to post information on...
After a 2-year drafting process, the Uniform Law Commission unanimously approved a landmark uniform act in summer of 2010 which now, having received the endorsement of the American Bar Association, is making its way through State houses and changing the way military and overseas voters will vote in the 2014 election.
As things now stand, UMOVA has been enacted in...
Under the US tax system, US persons - citizens, green card holders and residents - are required to file annual US income tax returns reporting worldwide income.
It is a legal obligation to ensure that “true and accurate” returns are filed with the IRS in a timely way to avoid risks of numerous penalties and, potentially, criminal prosecution.
The IRS is...