Free Republic 1st Qtr 2026 Fundraising Target: $81,000 Receipts & Pledges to-date: $11,822
14%  
Woo hoo!! And now only $328 to reach 15%!! Thank you all very much!! God bless.

Keyword: taxpoem

Brevity: Headers | « Text »
  • Don’t panic, American citizens in Canada: The IRS is not coming to seize your house

    03/08/2015 4:21:06 PM PDT · by rickmichaels · 14 replies
    Financial Post ^ | March 6, 2015 | Max Reed
    One million American citizens in Canada face double tax troubles. Max Reed explores these challenges in a spring series. This spring, a new tax law hangs heavy over U.S. citizens who call Canada home. The U.S. Foreign Account Tax Compliance Act, or FATCA, has generated a lot of attention because, as of July 1, 2014, it requires Canadian financial institutions to send information about their U.S. account holders to the Canada Revenue Agency, who will hand the info off to the Internal Revenue Service. It’s all part of an IRS crackdown on foreign tax evaders that began in 2011. FATCA,...