Who are Accidental Americans? “Accidental Americans” are people who, although they have not lived in the United States and have no direct link to the country, have U.S. citizenship due to factors such as being born in U.S. territory or having one of their...
IRS announces special payments this month to 1 million taxpayers who did not claim 2021 Recovery Rebate Credit. The IRS encourages non-filers about approaching deadline to claim credits. As part of continuing efforts to help taxpayers, the Internal Revenue Service...
VoteFromAbroad.org provides every US citizen abroad with the information and tools needed to VOTE. We assist US citizens voting in all 50 states, the District of Columbia, and US territories. Our online tool makes it simple to fill out and send in the federal form...
For US expats living in Europe, maintaining access to US banking and investment services is a critical yet often underestimated challenge. Staying connected to the US financial system while living abroad is vital for long-term financial security and success. However,...
The Form 8938 filing requirement does not replace or otherwise affect a taxpayer’s obligation to file FinCEN Form 114 (Report of Foreign Bank and Financial Accounts). Unlike Form 8938, the FBAR (FinCEN Form 114) is not filed with the IRS. It must be filed directly...
By Katie Teague CNET, April 27 If you’ve been waiting for a child tax credit expansion bill to get passed, don’t delay any longer. We’ll explain what’s going and what you should do. The child tax credit — both the current credit and the...
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