Americans for a variety of reasons live abroad whether for better employment opportunities, retirement or for cheer pleasure. Unfortunately, for US citizens, there is a landmine of complex reporting requirement by multiple US government agencies with different reporting requirements.
Unfortunately, given the rapid expansion of vast reporting regulations, US citizens unknowingly can face sizeable fines and penalties with threats of possible imprisonment.
Bill Faiferlick is joined by Jon Bischel. He is an international taxation attorney and expert who has written 13 books and numerous articles on international and high technology taxation as well as having been cited as an authority by the Tax Court and US Supreme Court. He is currently engaged in authoring the revision to the UN Tax Treaty Negotiation manual.
Listen Live on April 26th at 4.00 pm PST on VoiceAmericaBusiness .