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Advanced American Tax
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US Tax Consulting & Planning Services | American Tax Singapore
US Tax Consulting & Planning Services | American Tax Singapore

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Four (4) Investment Considerations for US expats

the government of Singapore concluded in principle, an Intergovernmental agreement with the government of the United States. This agreement, commonly known as FATCA, stands for the Foreign Account Tax Compliance Act.Read More @ http://bit.ly/2wNzzqK #UsTaxConsultingSingapore #AmericanTaxSingapore

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If I am a signatory on my employer's bank accounts, do I need to report that?

Each U.S. citizen and permanent resident must report worldwide income to the IRS even when paying taxes elsewhere. Moreover, you must file an annual FBAR (Foreign Bank Account Report now called FinCEN Form 114) disclosing your @ http://bit.ly/2xrVdPT #UsTaxAccountantSingapore #AmericanTaxSingapore

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Dormant Foreign Corporations and Form 5471 - Rev. Proc. 92-70, 1992-2 C.B. 435

This revenue procedure provides a summary filing procedure for filing Form 5471 with respect to dormant foreign corporations described in section 3 in the article .Read More @ http://bit.ly/2fj2xaf #UsTaxationSingapore #AmericanTaxServiceSingapore
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The New Money-Laundering Sting: Come to the U.S., Get Arrested

Lawyer Patrick Poulin says he helped clients set up offshore corporations in the Caribbean. And that’s what he was working on when he flew to Miami from the Turks and Caicos last year to meet with two Americans who wanted him to invest $2 million from a real estate deal.
click here @ http://bit.ly/2xey3NM #UsTaxAccountantSingapore
#AmericanTaxServiceSingapore

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Forget #FATCA. The Currency Wars Continue.

Everywhere I look people are complaining about FATCA and painting the US government as some evil empire out to bully poor innocent American expats and foreign financial institutions. Like many observers, I read predictions of FATCA leading to a mass exodus of Americans and accelerating a global shift away from the US dollar. Click here @ http://bit.ly/2xiQKPC #AmericanTaxServiceSingapore #UsTaxConsultingSingapore

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Quiet Disclosures

Most agree that it is critical to contact the IRS before they contact you. At the same time, many tax professionals get concerned when it is suggested that a taxpayer just quietly file prior year returns outside of any amnesty program.@ http://bit.ly/2wAQbgp #UsTaxAccountantSingapore #AmericanTaxServiceSingapore

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How The Internet Sales Tax Bill Will Affect Online Competitive Pricing

the US Senate passed a bill requiring online retailers to collect sales tax just like their brick and mortar cousins. Although the bill has to pass the House,
Click @ http://bit.ly/2h6MhpS ##UsTaxConsultingSingapore

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Streamlined Foreign offshore procedures

For US persons that have not been fully compliant, I always believe that legal advice is helpful. Nevertheless, there are typically 3 options to consider.


Read more @ http://bit.ly/2fkVZVA #UsaTaxationServiceSingapore #AmericanTaxSingapore

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IRS GOES UNDERCOVER AND THE MOVEMENT AGAINST CORP TAX AVOIDANCE

When it comes up in conversation, I keep telling people one thing – forget FATCA, we are in the midst of a movement that is much bigger than just one law. The drive for international transparency and substance seems unstoppable at this point

Read more @ http://bit.ly/2vTADEF #UsaTaxAdvisorSingapore #AmericanTaxServiceSingapore

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FATCA and the Drive to Tax Transparency

Every day I see people coming down on FATCA. I take the view that it helps to view FATCA as part of a larger movement. It’s so much more than just the USA – even if the USA is playing a leadership role.@ http://bit.ly/2ffVqfq

#UsTaxAccountantSingapore #AmericanTaxServiceSingapore
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