FATCA ‘Tormenting’ Taxpayers, Olson Says

FATCA ‘Tormenting’ Taxpayers, Olson Says

By the time lawmakers and taxpayers have figured out whether the Foreign Account Tax Compliance Act (FATCA) was worth the trouble, it might be too late to undo any damage, National Taxpayer Advocate Nina Olson said October 7. “However much I’ve tried to...
Besides FATCA, how would they know I am tax delinquent?

Besides FATCA, how would they know I am tax delinquent?

They could find you when you get or renew your US passport, which is required to enter the United States; The way it is supposed to work is that you are mandated to provide your US Social Security Number (SSN) when you apply for a passport. The Department of State...
FATCA & U.S. Expats in Mexico

FATCA & U.S. Expats in Mexico

FATCA is stirring a wave of confusion among U.S. expat communities around the world. As of this article, roughly 110 countries are either on-board with FATCA, or having active discussions with the United States. Mexico has signed FATCA agreement with the U.S. (as...
FATCA exempt credit union (as per the IGA with Canada)

FATCA exempt credit union (as per the IGA with Canada)

As originally seen on the Isaac Brock Society’s post  If this is accurate… and this one. I am delighted and, as a roughly-35-years member, proud to report that Alterna Savings and Credit Union. formerly CS Co-op and formerly mainly in Ottawa but now I believe...