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No hay más ciego que el que no quiere ver: Hacienda, y su modelo 720

No hay más ciego que el que no quiere ver: Hacienda, y su modelo 720

Por José María Salcedo Benavente. 18 de junio de 2019Sabido es que no hay más ciego que el que no quiere ver, ni más sordo que el que no quiere oír. Pues bien, algo parecido le ocurre a Hacienda con su modelo 720, que desde el año 2012 obliga a los contribuyentes...

IRS Actively Targeting Taxpayers For Passport Denial/Revocation

IRS Actively Targeting Taxpayers For Passport Denial/Revocation

The IRS is now actively in the process of issuing Notices CP508C to hundreds of thousands of U.S. taxpayers–placing all notified taxpayers' passports in serious jeopardy. Several news outlets this week report that the U.S. State Department confirms that it has already...

Tax Returns for expatriates

Tax Returns for expatriates

All individuals who cease to be taxed as US persons file tax returns to signal that change in status to the IRS. Typically, this happens on a dual-status tax return: for part of the year you are a US person reporting your worldwide income, and for part of the year you...

The Tax Fairness for Americans Abroad Act (H.R.7358) (TFAA)

The Tax Fairness for Americans Abroad Act (H.R.7358) (TFAA)

TFAA was introduced in December of 2018 by Representative George Holding (R-NC).  The bill changes existing citizenship-based taxation rules (CBT), in US tax law, to residency-based taxation (RBT).  RBT is sometimes referred to as territorial taxation.TFAA prpouses...

A Call to US Citizens, Dual Citizens and “Accidental Americans”

A Call to US Citizens, Dual Citizens and “Accidental Americans”

When: March 12, 2019 at 19h00 Where: The Business Center of Mutua Madrileña, 33 Paseo de la Castellana, Madrid.Registration required: https://bit.ly/2Eta1jqThe Stanford Alumni Association of Spain invites you to hear Marylouise Serrato, Executive Director of...

Who Needs to File the FinCEN Form 114 (FBAR)?

Who Needs to File the FinCEN Form 114 (FBAR)?

FBAR stands for “Foreign Bank Account Report”. Originally numbered as TDF 90-22.1, up to 2013 and was filed on paper, since then it is required to be filed online and its name changed to FinCEN Form 114.FinCEN Form 114 is required to be filed by all US citizen, Green...

“ACM Need to Know Seminar”: Investing as American Abroad

“ACM Need to Know Seminar”: Investing as American Abroad

Thu, February 21, 2019 7:00 PM – 9:00 PM  Universidad San Pablo CEU - Calle Julián Romea, 23 28003 Madrid  (Fac. Económicas y Empresariales)Investing as an American Abroad: What You Need to Know Now to Grow Your Savings and Avoid Conflicts with the IRS: Why you must...

Where is my refund from last year?

Where is my refund from last year?

Can Trump’s administration really send out tax refunds during a shutdown? It’s not clear. The Trump administration says tax refunds will go out. But some experts are skeptical. President Donald Trump’s administration said earlier this week that it will still send out...

Provision of Tax Cuts and Jobs Act in detail (1)

Provision of Tax Cuts and Jobs Act in detail (1)

1. New Individual and Capital Gains Tax Rates:The Act maintains the current seven individual tax brackets but generally reduces the applicable tax rates. A comparison of the individual tax brackets that would have been in effect for 2018 prior to passage of the Act...

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