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Senator Rand Paul Sues President Obama Over FATCA Regulations

In 2010, Congress enacted the Foreign Account Tax Compliance Act (FATCA) to crack down on taxpayers who conceal assets and income in offshore accounts.  While FATCA may be relatively recent, this piece of legislation has never been a stranger to controversy....

Tax Requirements for US Military Personnel Overseas

Domestic tax requirements can be confusing enough on their own.  For members of the US Armed Forces who are deployed overseas, IRS rules and regulations can be even more challenging to navigate.  Are military members required to file a federal income tax...

Do US Expats Have to Pay Social Security Tax?

Income tax isn’t the only type of tax American expatriates have to worry about.  Social Security tax, or taxes which employees and employers pay toward Social Security programs administered by the Social Security Administration (SSA), is another important...

What is the Substantial Presence Test?

In order to determine your tax liability, the IRS (Internal Revenue Service) first needs to determine your tax residency status.  To determine a taxpayer’s residency status, the IRS uses a test known as the substantial presence test.  If you pass the...

What’s the Difference Between Tax Equalization and Tax Protection?

Companies that regularly engage in international work typically attempt to account for foreign tax for their workers. However, there are two distinct systems that are often used to accomplish this same goal: tax equalization and tax protection. While these terms sound...
6 Common Taxpayer Mistakes