Monthly Archives: December 2016

Living As a U.S. Citizen in a #FATCA and #FBAR World

Here is the video of the meeting that took place this past Monday, December 5, 2016 at the Atwater Library in Montreal. Once again, John Richardson and Andrew Grossman meet up to discuss, analyze and muse over the situation expats find themselves thanks to the complexity to the U.S. tax code. Bizarre!

Super thanks to David Zimmerly for making the trek (through snow), setting up/videoing, and already having the finished product!

ENJOY & please share widely!


 
A set of posts form a perfect companion set to this video. On John writes:

This series of posts developed from my “Educational Outreach” program for Americans abroad. It is an effort to respond in a practical way to the questions that people have.

“When in Rome, live as a Homelander” does, when elsewhere, live as they live elsewhere.”

Chapter 5: Living Clean – How to live outside the United States in an #FBAR and #FATCA world

Americans abroad are constantly told that they should “come clean”. They should file their U.S. taxes. This assumes that they are somehow “unclean” or perhaps “dirty”. The life of an “American abroad” is about three things:

1. “Thinking Clean” – The importance of “thinking clean” while living abroad.

2. “Coming Clean” – Atoning for the sins of “living abroad” and entering the U.S. tax system; and

3. “Living Clean” – Living as a Homeland American outside the United States

Whether you have yet to decide about coming into compliance or you have filed (but are unsure whether you or your tax compliance firm has actually done all that is required), check out this set of posts to get a taste of what’s involved:

“Coming Into Tax Compliance Book” – How Americans can come into U.S. tax compliance in a FATCA world

You can’t make this stuff up!