Category Archives: Issues regarding US persons abroad

 
X marks the spot. The spot where the ex has to take a stand. Perhaps even the spot where the ex eventually gets buried.

The Isaac Brock narratives turn on many different themes. How the ex came to be — and how the ex came to be even more subjected than the peculiar majority that remains encircled by the geographic borders that define such a singular nation as the United States.

The foremost word in this tangle is expatriation. The IRS offers Guidance for Expatriates Under Section 877A and Expatriation Tax. That is the you-can’t-go-home-again (if home it ever was) expatriation of an irrevocably redefined status.

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ACA recommendations for fundamental reform of U.S. tax laws affecting bona fide overseas residents has been posted on its website.   They will be discussing these in DC this week.

http://www.aca.ch/joomla/index.php?option=com_content&task=view&id=504&Itemid=97

Cover sheet is here…

Position paper _ No. 1: An alternative to citizenship-based taxation with major economic advantages for the United States

Position paper _No. 2: Eleven proposals for tax reforms required and applicable within the framework of citizenship-based taxation.

Comments of support can be emailed to info.aca@gmail.com

Also, I will be sure to point ACA Directors attention to this web site for any comments that might be made here.

I wanted to make this a separate post so that it doesn’t get lost in the long line of comments.”

First, thanks to Mr. Mopsick for willing to post on this blog. He is the only lawyer (as far as I know) who has written complete posts. I thank him for sharing his perspectives. After reading the comments: it is worth remembering that his central message is that he is willing to talk to people – everybody has a different situation. Furthermore, the members of the Isaac Brock Society have proven that they are very knowledgeable about this issue and are perfectly capable of evaluating the value (or not) of specific legal advice.

But, the main purpose of this post is as follows:

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30-yr IRS Vet offers his advice about the 2012 27.5% Overseas Voluntary Disclosure program.

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When both the United States and Canada leave their dual citizens to wallow in uncertainties, those hapless fish/fowl are left to grasp at protruding roots that encircle the morass of quicksand.

Most often, those handholds are not data. If good data could be had, the atrocities of the situation would be too evident.

In absence of data, anecdote becomes all that is left to latch onto. Here are three, newly acquired this week.

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The Taxpayer Advocate Service posted a link on their Twitter feed asking for people to offer suggestions on how to reform the US tax system. Maybe everyone should send them some concerns they have? You won’t receive a response but the page says “Your suggestions are compiled and reviewed by the National Taxpayer Advocate.” It certainly wouldn’t hurt to let them know what we all think of FATCA and FBARs, and it is anonymous. I’ve already put in my two cents. Hope you all will too!

http://www.taxpayeradvocate.irs.gov/Home/Contact-Us

Cross posted from RenounceUScitizenship (where there is an updated version)

Learn why many  U.S. citizens living outside the United States view the renunciation of U.S. citizenship as the only patriotic option.

Renouncing U.S. Citizenship as Self Defense – The Life Of A U.S. Citizen Living in Canada Continue reading →