The Expatriate tax specialists.

News: April 2015

What does FATCA really mean to US citizens

For those who have not yet heard, FATCA (or the Foreign Account Tax Compliance Act) is the mother of all “tax” laws.  Before you read this article sit-down, or at least, take a few deep breaths.

FATCA is not new, and indeed has been around since 2010.  It has however taken a few years to get a head of steam going, and is now in full swing with some critical deadlines about to occur. 

If you owe federal tax, the IRS offers many convenient ways to pay. Make sure you pay by the April 15 deadline, even if you get an extension of time to file your 2014 tax return. Here are some of the ways to pay your tax: